Michael Bloomberg spends $80m on Democrats as Trump moves $400m to Republican candidates
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Democrats category. Published on October 20, 2026 • Originally reported by Chris Stein in Washington. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Democrats category. Published on October 20, 2026 • Originally reported by Chris Stein in Washington. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Billionaire ex-mayor of New York City is focusing funds on House races to help Democrats retake majority in midterms
The billionaire Michael Bloomberg will spend $80m to help Democratic candidates in the midterm elections, US media reported on Tuesday, a significant infusion of cash for a party that has recently struggled with fundraising as it seeks to win control of Congress.
The reported donations came as Donald Trump announced on Tuesday he intended to spend a total of $400m to aid Republican candidates, with $300m already disbursed.
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