US billionaires line up to bankroll Republicans’ election push

Financial Times: The findings reveal another US election drawing colossal sums to shape the outcome — and also show how the wealthiest donors are tilting Republican, even as the party trails Democrats in the polls. It also marks a reversal from the 2024 presidential race, when Kamala Harris raised and spent significantly more money than Trump but lost.

“What you’re seeing is a mild break from expectations,” said Stanford political scientist Adam Bonica, who has studied donations from America’s wealthy since 1980. It is not unusual for top donors to lean Republican, but the balance in this election is “especially skewed”…

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