Koch Industries and its funding vehicles funnel millions to groups that are decrying “woke capitalism” and attacking the investment giant BlackRock for its leading role in ESG investing. Yet that hasn’t stopped the company’s subsidiaries from partnering with BlackRock to invest in technology startups.
Koch Industries reaps the benefits of more than $38 million in local and state tax rebates, tax reductions, and grants in 2021 and 2022.
Super PACs are jumping into the Wisconsin state Supreme Court race. This week a total of $1.64 million was disclosed to the Wisconsin Ethics Commission for TV and radio ads by outside groups. This is on top of $1.7 million spent by the four contestants.
Over the past two years, Koch Industries and its astroturf political arm, Americans for Prosperity, have spent millions lobbying Congress to kill President Biden’s agenda, with the Inflation Reduction Act and its stalled predecessor, Build Back Better, among its top targets.
Big money has started flowing into a pivotal Supreme Court race in Wisconsin, as reports filed yesterday with the Wisconsin Ethics Commission indicate.
West Virginia’s Attorney General Patrick Morrisey (R), a leading critic of investing that incorporates environmental, social, and governance (ESG) factors, is considering a U.S. Senate rematch against incumbent Senator Joe Manchin (D) in 2024.
Charles Koch’s political operation had a rough year. Despite the billionaire’s huge investments in Americans for Prosperity, his political and advocacy organization, and its super PAC, AFP Action, scored few electoral gains in the midterms and suffered major legislative defeats in Congress.
Americans for Prosperity, the right-wing astroturf operation backed by billionaire Charles Koch, suffered a defeat in South Dakota on Tuesday when 56% of voters approved a constitutional amendment to expand the state’s Medicaid program.
GOP megadonor Richard Uihlein has pumped a previously unreported $1.7 million into a PAC supporting Wisconsin Sen. Ron Johnson’s reelection bid, according to the latest Federal Election Commission filings reviewed by the Center for Media and Democracy.
As outside groups spend millions of dollars on TV ads in the Wisconsin U.S. Senate race of incumbent Ron Johnson (R) against challenger Lt. Governor Mandela Barnes (D), a super PAC backed by Charles Koch and Koch Industries is relying instead on direct voter contact.