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Michael Bloomberg spends $80m on Democrats as Trump moves $400m to Republican candidates

Chris Stein in Washington · The Guardian · World
Published 21 Oct 2026, 9:07 am·59 min ago·1 min read
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Billionaire ex-mayor of New York City is focusing funds on House races to help Democrats retake majority in midterms US politics live – latest updates 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. Continue reading...

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