Last August, an investment arm of Koch, Inc. bought shares reflecting 16.1% of the value of the retail shopping app Ibotta, Inc., becoming the company’s largest public shareholder.
Economy
Colorado Governor’s Veto of Pro-Labor Bill Sets the Stage for More Labor Fights on the Ballot in 2026
Colorado’s Democratic Governor Jared Polis vetoed a bill on May 16 that would have removed a major impediment to union organizing and representation in the state.
Koch Fleet of Organizations Invests More Than Ever in Expanding Its Influence
Charles Koch’s fleet of organizations spent a combined net total of $833 million in 2023 to influence public policy, elections, and certain charitable causes — marking its highest spending total to date.
Koch’s Las Vegas Investment Is Now Fully Unionized
Despite his long history of union opposition, billionaire businessman Charles Koch recently learned that you can’t build hotels and casinos on the Las Vegas Strip without triggering union membership drives.
Know Your Enemy: The Organizations Attacking Unions in the States
CMD has identified the top six organizations working at the state and local levels to dismantle labor regulations and the rights to organize and collectively bargain.
ALEC Legislators Dominate Leadership Positions in Republican States
For more than 50 years, the American Legislative Exchange Council has moved a right-wing and pro-corporate Republican agenda of legislation in states across the country — all while posing as a nonpartisan, tax-exempt charity.
Freedom Foundation Launches Anti-Union Network for Teachers
The Freedom Foundation, a notorious anti-union advocacy group, has launched a new organization, the Teacher Freedom Alliance, which the foundation’s CEO describes as “an alternative for pro-America educators who seek to restore traditional values in the classroom and provide students with the high-quality education they deserve — free from political influence and union control.”
GOP and Koch Groups Want to Slash Medicaid to Pay for Trump’s Tax Cuts
In launching a $20-million campaign last month to persuade Congress to extend President Trump’s first-term Tax Cuts and Jobs Act of 2017, Charles Koch’s astroturf group, Americans for Prosperity, boasted about making the largest investment of any other conservative group in support of Trump’s second-term legislative agenda.
Koch Spent $91 Million to Influence Higher Education in 2023
A constellation of donor vehicles established by Charles Koch poured $90.8 million into 127 university and college recipients in 2023 to promote his business and policy interests, a Center for Media and Democracy analysis has found.
ALEC Member Strikes a Blow Against Rule Requiring Union Labor on Federal Construction Projects
Contractors engaged in large federal construction projects can’t be required to enter collective bargaining agreements with building trade unions, a federal claims court ruled last week.