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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWall Street firms, not Kentuckians, are leading Mitch McConnell's campaign donations
Link to tweet
FRANKFORT Boosted by big bundles of Wall Street contributions, Senate Majority Leader Mitch McConnell's reelection committee took in more than $3 million during the recent quarter that ended June 30.
The biggest blocks of contributions during the period came from two global financial services firms based in New York: 29 people with Blackstone Group made contributions totaling $95,400; and 14 executives of KKR & Co. are listed as giving a combined $51,000.
The report, filed late Monday with the Federal Election Commission, illustrates McConnell's continuing ability to draw big contributions from business interests across the country.
Only about 9% of the itemized contributions listed in his recent report come from Kentucky donors, according to an analysis by the Washington-based Center for Responsive Politics. That analysis said McConnell got more money during the quarter from New York and Texas.
More: https://www.courier-journal.com/story/news/politics/2019/07/17/mitch-mcconnell-reelection-campaign-wall-street-firms-donate-money/1745611001/
trev
(1,480 posts)Kentuckians are good people. They seem to dislike McConnell (he has a 50% disapproval rating, the highest in the Senate), and McGrath polls very well. Hopefully, this will translate into kicking him out.
https://ijr.com/poll-mitch-mcconnell-most-unpopular-senator-country/
a kennedy
(29,696 posts)Yavin4
(35,445 posts)And Wall Street is getting huge returns on their paltry investments.
Hermit-The-Prog
(33,397 posts)Putin and the GOPer-grown oligarchs of the U.S. own Mitch.
Hortensis
(58,785 posts)whom he has very longstanding mutually beneficial relationships. He's been the man in DC for Chinese billionaires ever since he helped avoid having sanctions placed on China after the Tienanmen Square incident. They want his influence, he wants the power their money has helped him build. He even married the daughter of one of them.
I've read that he gets reelected by burying opponents under a mountain of swiftboating paid for by his donors -- however much is needed to kill them off and protect the influence he's been selling for decades. To Russia now as well.
The stories of his intense corruption and victimization of residents of KY and other states on behalf of energy companies in particular are sickeningly shocking. Hard to believe residents of KY are that stupid for so long. They of course like being represented by such a powerful figure, but I think it would be very foolish not to suspect his associates have expanded as needed to other techniques of assuring his relections by now. He's become beyond extremely valuable to them, including Russia.
SWBTATTReg
(22,156 posts)they represent, but from outside business interests.