Conservative billionaire Timothy Mellon, who is heir to the Pittsburgh-based Mellon banking family, donated an additional $50 million last month to a political action committee (“super PAC”) supporting former Republican President Donald Trump’s campaign for his re-election, reveals a document filed as required by law with federal authorities. Dubbed MAGA Inc, the committee is ramping up television advertising campaigns in favor of Donald Trump’s candidacy and negative advertising against the Democratic nominee as Kamala Harris prepares to formally receive the Democratic nomination at her party’s convention it ends tomorrow. MAGA Inc disclosed in a filing with the Federal Election Commission (FEC) that it received $54 million from donors last month — in other words, most of the money it raised was donated by Mr. Mellon. In total, the billionaire has allocated at least $115 million to this committee. Timothy Mellon, […]
Source: News Beast
With 6 years of experience, I bring to the table captivating and informative writing in the world news category. My expertise covers a range of industries, including tourism, technology, forex and stocks. From brief social media posts to in-depth articles, I am dedicated to creating compelling content for various platforms.
