A lot has changed in campaign finance since 2016, when I was a cub reporter at CNN covering money in politics and obsessing over which major donors were signing up to raise money for which candidates. Nowadays, I’m much less excitable. So too, it seems, are the megadonors themselves, who suddenly seem to have much humbler views of their own powers. Has the billionaire anti-Trump cavalry—seen as the last, best hope for beating him—at last given up?
My latest on all of that, plus a few scoops revealing which way the G.O.P.’s leading players are leaning, below the fold.
Were you invited to Peter Thiel’s Christmas party? No? Well, it happened last Saturday at his Bel Air mansion, with a few hundred people slinking around. I say “slinking” because there were...
A MESSAGE FROM INSTAGRAM
New federal legislation will give parents a say in teen app downloads.
According to a new poll from Morning Consult, more than 75% of parents agree: Teens under 16 shouldn’t be able to download apps from app stores without parental permission.1
Instagram wants to work with Congress to pass federal legislation that gets it done.
Just over eight years ago, on the eve of the last open Republican primary, hedge fund founder Paul Singer hit send on an 1,100 word email that he hoped would be a clarion call to his fellow billionaires, declaring that he had “decided to support Senator Marco Rubio,” and urging them to open their checkbooks, too. It was October 2015, and donors were struggling to coalesce behind a challenger to Donald Trump. Singer whipped and whipped, and his first event for Rubio raised some $3 million—the Florida senator’s single biggest fundraiser—and for the next few months he seemed to levitate in the polls until he eventually...
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