Congressional Leaders Are Embracing Dark Money More Than Ever

This article was produced by Sludge, an independent, ad-free investigative news site covering money in politics. Click here to support Sludge. In his first interview after the collapse of his cryptocurrency empire FTX, founder Sam Bankman-Fried made the surprising admission that he had donated as much to Republicans as he had to Democrats—just that, as he put it, “All my Republican donations were… Source Source / Read More: Congressional Leaders Are Embracing Dark Money More Than Ever

Dark Money Groups Are Scheming to Bring Down Biden’s Student Debt Relief Plan

Republican attorneys general and corporate advocacy groups are exploring ways to sue the Biden administration over its newly announced plan to cancel $10,000 in federal student loan debt for most borrowers, hoping the conservative-packed U.S. judiciary will strike down the executive action and deny badly needed relief to around 40 million people. Shortly after President Joe Biden announced his debt forgiveness plan, the Job Creators Network — a dark money organization representing business groups and executives — declared that it is “weighing its legal options to block President Biden’s illegal student loan bailout,” calling the move “executive overreach.” Americans for…

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