sean fieler

Millionaires Keep Shoveling Money Into Politics

The flow of money into politics continues with a steady stream of large contributions from millionaires and wealthy donors.  

Recent financial reports from Super PACs, showing May activity, disclose several large contributions. For example, American Crossroads , a Republican-oriented Super PAC reported receiving $1 million from Paul Singer , President and CEO of Elliott Management Group (NY); $200,000 from Ruben Martin , President and CEO of Martin Resource Management Corporation (TX); $100,000 from James MacDougald , chairman of Westshore Ventures (FL); and $100,000 from Geoff Palmer , owner, G.H. Palmer Associates (CA). The Super PAC had receipts o $1.66 million during May, and has $4.6 million cash on hand as of May 31st.  

Air Traffic Controllers Direct $800K to Super PACs

The National Air Traffic Controllers Association PAC  has reported directing $800,000 to Super PACs during April.  

The PAC reported it had receipts of $347,601 and disbursements of $934,485 during April, leaving $1,145,529 cash on hand as of April 30th. The PAC gave $800,000 to Super PACs and $111,000 to party committees, federal candidates and their committees.  

Big Donors Add to War Chests of Super PACs

Individuals and organizations are continuing to add more funds to Super PACs for use on independent expenditures in the 2014 elections.  

New political finance reports covering February financial activity show wealthy individuals and organizations are strengthening the accounts of Super PACs with contributions of $100,000 or more.