Race for crucial midterms attracting vast sums of money on both sides | First Thing
Summary
Large amounts of money are being spent by donors to support candidates in the U.S. midterm elections this November. President Donald Trump plans to spend $400 million to help Republican candidates, while billionaire Michael Bloomberg has spent $80 million to support Democrats aiming to take control of the House of Representatives.Key Facts
- Michael Bloomberg donated $80 million to help Democratic candidates in the midterms.
- President Donald Trump announced he will spend $400 million to aid Republican candidates, with $300 million already spent.
- Elon Musk, an ally of President Trump, has contributed $366 million to support Republicans.
- Democrats aim to regain control of the House but are behind Republicans in fundraising.
- Voters are influenced by issues like the economy, immigration, Iran, artificial intelligence, and voting rights.
- The Justice Department’s list of suspected non-citizens in California includes many U.S.-born individuals, raising questions about its accuracy.
- Some Republicans criticize President Trump’s softer stance on Russia and Ukraine, including agreements with Russia and pauses on sanctions.
- Elon Musk supports exploring a possible merger between Tesla and SpaceX, but no deal is finalized.
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