Billionaire Michael Bloomberg has committed $80 million to support Democratic candidates ahead of the upcoming elections, while former President Donald Trump’s political action committee has transferred $400 million to Republican-aligned groups. The massive financial boosts underscore the high-stakes battle for control of Congress, with both sides leveraging deep-pocketed donors to shape the political landscape. Analysts note the unprecedented scale of spending, reflecting the polarized climate and the critical nature of the races. The move comes as Democrats seek to defend their slim majorities while Republicans aim to expand their influence in key legislative bodies.
Michael Bloomberg spends $80m on Democrats as Trump moves $400m to Republican candidates The Guardian
