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      Elon Musk Seeks to Put $100 Million Into Trump Political Operation

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      Elon Musk has signaled to President Trump’s advisers in recent days that he wants to put $100 million into groups controlled by the Trump political operation, according to three people with knowledge of the matter.It is unheard-of for a White House staffer, even one with part-time status, to make such large political contributions to support the agenda of the boss. But there has never been someone in the direct employ of an administration like Mr. Musk, the world’s wealthiest person, who is leading Mr. Trump’s aggressive effort to shrink the federal government, the Department of Government Efficiency.Over the weekend, Mr. Musk traveled to and from Florida aboard Air Force One with Mr. Trump, and posted on his social media website, X, that he had dinner with Secretary of State Marco Rubio on Saturday night after some tense interactions earlier in the week.And on Tuesday, as Mr. Musk’s electric car company, Tesla, faced some violent protests around the globe, Mr. Trump made a display of having five Teslas brought to the White House grounds in a demonstration for the news media, and checked out the cars with Mr. Musk by his side. It was an extraordinary promotion of a company by the most powerful person in the federal government.“I think he’s been treated very unfairly by a very small group of people,” Mr. Trump told reporters, referring to Mr. Musk. “And I just want people to know that he can’t be penalized for being a patriot.”Mr. Musk and White House officials didn’t return a request for comment.Associates of both Mr. Musk and Mr. Trump have talked in recent days about Mr. Musk’s planned donation to a Trump-controlled entity. Mr. Musk has signaled he wants to make the donations not to his own super PAC, which is called America PAC and has spent heavily on Mr. Trump in the past, but to an outside entity affiliated with the president.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      In Crucial Judicial Race in Wisconsin, G.O.P. Now Has a Financial Edge

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      Two years ago, Democratic money carried a liberal jurist to victory and swung the state’s high court to the left. Now, Elon Musk and other wealthy donors have given Republicans a chance to swing it back.The last time Wisconsin held an election for the state’s Supreme Court, Republicans cried foul over the wave of money from out-of-state Democrats that overwhelmed their candidate.Two years later, Republicans have learned their lesson. It is Democrats who are grappling with a flood of outside money inundating Wisconsin.A super PAC funded by Elon Musk has in just the past week spent $2.3 million on text messages, digital advertisements and paid canvassers to remind Wisconsin Republicans about the April 1 election, which pits Brad Schimel, a judge in Waukesha County and a former Republican state attorney general, against Susan Crawford, a Dane County judge who represented Planned Parenthood and other liberal causes in her private practice.The spending by Mr. Musk, the tech billionaire who is leading President Trump’s project to eviscerate large segments of the federal government, comes as Judge Schimel and his Republican allies have spent more money on television ads than Judge Crawford and Democrats have — a remarkable turnaround in a state where Democrats have had a significant financial advantage in recent years.“When I was a little girl growing up in Chippewa Falls, I never could have imagined that I’d be fighting the world’s richest man,” Judge Crawford told a crowd over the weekend at a campaign stop in Cambridge, Wis.As of Monday, Republicans had spent or reserved $13.9 million of television advertising time for the Wisconsin court race, compared with $10.7 million for Democrats, according to AdImpact, a media-tracking firm. Because a larger chunk of Republican spending comes from super PACs, which pay a higher rate for TV ads than candidates do, the amount of advertising on Wisconsin’s airwaves has remained roughly equal. But the heavy Republican spending has eliminated what was a significant advantage for Democrats in the last such contest, in 2023.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Trump Donors Who Give at Least $1 Million or Raise $2 Million Get Inaugural Access

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      President-elect Donald J. Trump is raising money for his inauguration in increments as high as $2 million, according to materials from fund-raisers for the inauguration.A flier titled “Trump Vance Inaugural Committee Benefits” lists the perks of donating $1 million or raising $2 million for the event. Donors who reach that elite level receive as many as a half-dozen tickets to eight inaugural events from Jan. 17 to Jan. 20.After a divisive election, donors and corporations typically put big money into presidents’ inaugural committees as a way to support the president and also to curry favor with an administration that will be in power for four years. There are no limits on the donations that can be made to the Trump committee, which is structured as a political nonprofit for tax purposes, but gifts over $200 are disclosed to the Federal Election Commission.Highlights of the schedule of events for the elite donors and fund-raisers include a reception with cabinet picks and a dinner with Vice President-elect JD Vance and his wife, Usha Vance, on Jan. 18, and an “elegant and intimate dinner with President Donald J. Trump and Mrs. Melania Trump” on Jan. 19, described as “the pinnacle event.” Before the dissemination of this flier, Mrs. Trump had not confirmed her plans to attend the inaugural festivities, which include a Sunday morning interfaith service that the materials say she plans to attend with Mr. Trump.On Monday, Jan. 20, the big donors will receive six tickets each to attend the inauguration itself.Mr. Trump’s first inaugural committee, which was investigated by federal prosecutors for illegal foreign donations and resulted in a 12-year prison sentence for one donor, raised $107 million in 2016 and 2017. The current inaugural committee is being led by Steven Witkoff, a billionaire real estate mogul who has given nearly $2 million to Mr. Trump’s political causes over the past decade and who has been named a special envoy to the Middle East, and Kelly Loeffler, a former Republican senator from Georgia.Mr. Trump is continuing to raise money for his political efforts, too. On Dec. 19, he is expected to headline an event at his private Florida club, Mar-a-Lago, for a pro-Trump super PAC, MAGA Inc., where tickets cost $1 million a person, according to a copy of the invitation seen by The New York Times. More

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      Trump Is Running His Transition Team on Secret Money

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      Breaking with past practice, President-elect Donald J. Trump has not agreed to disclose the donors paying for his planning effort or to limit their contributions.President-elect Donald J. Trump is keeping secret the names of the donors who are funding his transition effort, a break from tradition that could make it impossible to see what interest groups, businesses or wealthy people are helping launch his second term.Mr. Trump has so far declined to sign an agreement with the Biden administration that imposes strict limits on that fund-raising in exchange for up to $7.2 million in federal funds earmarked for the transition. By dodging the agreement, Mr. Trump can raise unlimited amounts of money from unknown donors to pay for the staff, travel and office space involved in preparing to take over the government.Mr. Trump is the first president-elect to sidestep the restrictions, provoking alarm among ethics experts.Those seeking to curry favor with the incoming administration now have the opportunity to donate directly to the winning candidate without their names or potential conflicts ever entering the public sphere. And unlike with campaign contributions, foreign nationals are allowed to donate to the transition.“When the money isn’t disclosed, it’s not clear how much everybody is giving, who is giving it and what they are getting in return for their donations,” said Heath Brown, a professor of public policy at John Jay College of Criminal Justice who studies presidential transitions. “It’s an area where the vast majority of Americans would agree that they want to know who is paying that bill.”Mr. Trump’s transition team, led by Linda McMahon and Howard Lutnick, both of whom were nominated to cabinet positions last week, has repeatedly said it intends to sign the agreements with the Biden administration, known as memorandums of understanding.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      La victoria de Trump es un triunfo para Elon Musk y la política de los grandes capitales

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      Es difícil separar el trabajo de campaña de Musk de otras influencias que llevaron a Trump a la Casa Blanca. Su papel podría inspirar iniciativas similares y contribuir a transformar las campañas modernas.En la estridente reunión de la noche electoral del martes, Elon Musk se sentó a dos asientos de Donald Trump, dispuesto a atribuirse mucho del mérito de su decisiva victoria presidencial.“Mi comité independiente de campaña, America PAC, mejoró enormemente la campaña republicana en el terreno en los estados disputados”, dijo Musk al comentarista conservador Tucker Carlson en una entrevista en Mar-a-Lago, la residencia y club privado de Trump en Florida. Publicó un meme desí mismo en el Despacho Oval para sus 203 millones de seguidores en X, su plataforma de redes sociales.Su vuelta de celebración fue el punto culminante de un esfuerzo que comenzó hace solo seis meses y que dependía de una arriesgada apuesta: el nuevo comité independiente de campaña de Musk dirigió eficazmente la operación de captación de votos de Trump en los estados más disputados, y Trump confió una función crucial de la campaña a un neófito en política.Es difícil separar el trabajo de campaña de Musk de otras influencias que llevaron a Trump a la Casa Blanca. Pero no cabe duda de que la elección fue una victoria no solo para Musk, sino también para la política del gran capital: un donante ultra rico aprovechó el cambiante sistema de financiación de campañas de Estados Unidos para inclinar la balanza como nunca antes.Musk financió casi en solitario una campaña que costó más de 175 millones de dólares. Sus representantes tocaron cerca de 11 millones de puertas en los estados disputados desde agosto, incluidos 1,8 millones en Míchigan y 2,3 millones en Pensilvania, según personas con conocimiento del asunto. Se gastaron otros 30 millones de dólares en un gran programa de correo directo y unos 22 millones en publicidad digital, incluso en medios afines a Trump como Barstool Sports.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Tesla’s Stock Jumps After Trump’s Victory

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      Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.Elon Musk defied conventional corporate wisdom by committing wholeheartedly to Donald J. Trump’s presidential campaign, donating tens of millions of dollars and running a get-out-the-vote drive.Now that bet has paid off, giving Mr. Musk a direct line to the White House that he may be able to use to bend policy in ways that could benefit Tesla, his electric car company. Mr. Trump has even bandied the idea of appointing Mr. Musk to head a “government efficiency” commission.One indication of how much Tesla could benefit was evident on Wall Street Wednesday morning, when the company’s share price jumped about 10 percent.It is too early to say how much of Mr. Musk’s newly acquired political capital he will allocate to Tesla as opposed to his other businesses like SpaceX, a major government contractor, or xAI, an artificial intelligence start-up.But investors clearly believe that a Trump administration will be good for Tesla, despite the president-elect’s often-expressed disdain for electric vehicles and renewable energy.Mr. Musk’s top priority is likely to be easing regulations on self-driving software that he has described as pivotal to Tesla’s future. That could include pressuring the National Highway Traffic Safety Administration to be less aggressive in scrutinizing the company’s technology. The safety agency is investigating whether a Tesla system that the company calls “full self-driving (supervised)” was responsible for four collisions, including one that killed a pedestrian.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Judge Allows Unusual G.O.P. Strategy to Pump Money Into Senate Races

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      Democrats had claimed that the advertising strategy may have violated federal election laws establishing strict limits on spending by national party committees to aid individual candidates.A federal judge ruled on Friday that Senate Republicans may continue to pump tens of millions of dollars into key swing state races in the final days of the 2024 campaign by employing an unusual advertising strategy that Democrats had claimed was potentially illegal.By reclassifying campaign ads as fund-raising appeals, Republicans have been able to avoid strict limits Congress has placed on spending by national party committees to aid individual candidates, helping to offset a significant fund-raising deficit they face in states with critical Senate races, such as Arizona and Pennsylvania.House Democrats’ campaign arm sued the Federal Election Commission for failing to stop the Republicans and sought to either ban the practice or clear the way to use it themselves.But Judge Randolph D. Moss, of the U.S. District Court in Washington, wrote Friday that he was “unpersuaded” to outlaw a practice that the commission had not. He said Democratic and Republican campaign committees — those that support Senate and House candidates — are “all on an even playing field” and the lack of action taken by the Federal Election Commission had not tilted it.His ruling could give Republicans a last-minute boost in the fierce contest for the Senate, where they are favored to pick up the one or two seats they need to regain control of the chamber, but where polls show that several races are close.Sean Cooksey, the Republican chairman of the Federal Election Commission, also welcomed the ruling. “This is a huge win for the rule of law and political speech!” he wrote on social media.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      In Election’s Final Days, Dark Money and ‘Gray Money’ Fund Hidden Agendas

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      Big-money operatives are taking advantage of lax rules at the end of the campaign to hide the true source of their money until after the election is called — or for forever.The campaign literature that landed in Republican mailboxes in North Carolina this week was jarring. On one side was a sonogram image of a human fetus, with this message: “Her heart is beating. We all know it. Only the courageous few will protect her.” On the other side was a call to action: “You have the courage and the conviction to vote for Randall Terry.”But the mailer did not come from supporters of Mr. Terry, a third-party presidential candidate and longtime leader in the anti-abortion movement.Rather, the fine print showed it was the work of a nascent super PAC with the anodyne name of Civic Truth Action that was funded by millions of dollars in difficult-to-trace money linked to Democrats trying to elect Vice President Kamala Harris as the next president.The final days of a high-stakes election are often a time of political mischief. The message pushed by Civic Truth Action — purportedly to help Mr. Terry but aimed at siphoning votes from former President Donald J. Trump — may be among the most cynical. But it is far from unique. Across the country, supporters of Ms. Harris and Mr. Trump are taking advantage of a patchwork of lax laws that allow partisans to funnel millions of dollars through daisy chains of opaque entities into hard-hitting campaign tactics, all to try to sway the tiny slice of swing-state voters who could make the difference.Campaign operatives and donors have long deployed creative accounting to mask the flow of money into politics. But in the decade and a half since the Supreme Court’s Citizens United decision paved the way for unlimited spending on political advertising, it has become particularly difficult to follow the big-money flow in the weeks before Election Day, despite the majority opinion’s assertions that “prompt disclosure” of political spending would enable voters “to make informed decisions.”“Now it’s sort of undeniable that the court was wrong with those predictions,” said Ian Vandewalker, a lawyer at the Brennan Center for Justice, a progressive nonprofit that works to reduce the influence of big money in politics. Mr. Vandewalker published an analysis this week of the increase in difficult-to-trace funding to super PACs. “The ability to hide funding for those types of things is attractive for people who want to engage in dirty tricks,” he said in an interview.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More