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    Elon Musk Suggests He Will Spend ‘a Lot Less’ on Political Donations

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    The world’s richest person, who spent more money than anyone else last year as he helped elect President Trump, has indicated lately that he wants to turn back toward his business empire.Elon Musk was the country’s biggest political donor in 2024. But he might be ready to give up the title.Mr. Musk, the world’s richest person, said on Tuesday that he was planning to spend “a lot less” in future elections, the latest sign that he is fading into the background of American politics — at least for now.“In terms of political spending, I’m going to do a lot less in the future,” Mr. Musk said as he appeared virtually for a combative interview with Bloomberg News at the Qatar Economic Forum. “I think I’ve done enough.”He did keep the door open, however. Asked if his decision stemmed from any blowback he had faced for helping to guide the Trump administration, he said: “If I see a reason to do political spending in the future, I will do it. But I don’t currently see a reason.”Mr. Musk disclosed over $290 million in federal spending on the 2024 election cycle, most of which went toward backing Donald J. Trump through a super PAC that he started. He has told Mr. Trump’s advisers that he planned to donate about $100 million to pro-Trump groups before the 2026 midterm elections.In the months after Mr. Trump took office in January, Mr. Musk became a frequent presence in Washington as he steered an ambitious, controversial effort to sharply cut government spending. He has also remained a powerful player in Republican campaign finance. Along with an allied group, he spent roughly $25 million on a major Wisconsin Supreme Court race to back a conservative candidate who lost badly.Lately, Mr. Musk has indicated a desire to turn back to his business empire. After a sharp drop in profit at his electric-car company, Tesla, he told Wall Street analysts last month that he planned to spend less time in Washington and more on his companies.He did say on Tuesday, however, that he planned to be in Washington on Wednesday and Thursday, including for a dinner with Mr. Trump. More

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      Democrats Throw Money at a Problem: Countering G.O.P. Clout Online

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      At private gatherings, strategists and donors are swapping ideas to help the party capture the digital mojo that helped President Trump win. Yes, there’s a price tag.Six months after the Democratic Party’s crushing 2024 defeat, the party’s megadonors are being inundated with overtures to spend tens of millions of dollars to develop an army of left-leaning online influencers.At donor retreats and in pitch documents seen by The New York Times, liberal strategists are pushing the party’s rich backers to reopen their wallets for a cavalcade of projects to help Democrats, as the cliché now goes, “find the next Joe Rogan.” The proposals, the scope of which has not been previously reported, are meant to energize glum donors and persuade them that they can compete culturally with President Trump — if only they can throw enough money at the problem.Democrats widely believe they must grow more creative in stoking online enthusiasm for their candidates, particularly in less outwardly political forms of media like sports or lifestyle podcasts. Many now take it as gospel that Mr. Trump’s victory last year came in part because he cultivated an ecosystem of supporters on YouTube, TikTok and podcasts, in addition to the many Trump-friendly hosts on Fox News.The quiet effort amounts to an audacious — skeptics might say desperate — bet that Democrats can buy more cultural relevance online, despite the fact that casually right-leaning touchstones like Mr. Rogan’s podcast were not built by political donors and did not rise overnight.Wealthy donors tend to move in packs, and some jaded liberals worry that the excitement could cause money to flow into projects that are not fully fleshed out. They argue that the latest pitches on the left are coming from operatives who are hungry to meet donors’ demand for a shiny new object. In a break from the past, some of the Democrats’ new ventures are for-profit companies.And so far, there are still more ideas than hard, committed money: One Democratic operative described compiling a spreadsheet of 26 active projects related to creators, over a dozen of which are new since November. But a few of the efforts have ties to major donors that could give them liftoff.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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      Michael Flynn, a Trump Ally, Sponsors Beethoven at the Kennedy Center

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      Following the president’s overhaul of the center, Mr. Flynn, the former national security adviser, has made a substantial gift to the National Symphony Orchestra.The list of donors to the National Symphony Orchestra, one of the Kennedy Center’s flagship ensembles, is usually filled with financiers, socialites, corporations and foundations.But the name of a sponsor of this week’s performances of Beethoven’s “Missa Solemnis” stood out. It was Michael T. Flynn, the general and former national security adviser during President Trump’s first term. He was listed, along with his nonprofit, America’s Future Inc., as “performance sponsors” for the National Symphony Orchestra’s concerts from May 15 to 17.Mr. Flynn said on social media that his nonprofit was “thrilled to sponsor a spectacular three-night performance at the John F. Kennedy Center for the Performing Arts!”“This performance is filled with a vibrant celebration of music, culture, and the unyielding spirit uniting all Americans,” he wrote in a post on X. “The Kennedy Center shines as a proud symbol of our nation’s legacy!”Mr. Flynn’s gift to the National Symphony Orchestra totaled $300,000, according to two people familiar with the donation who were granted anonymity because details of the gift were not publicized.Officials at the Kennedy Center said they did not have details of the gift.“We didn’t know how much but we welcome all sponsorships,” the center said in a statement.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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      New York’s Deepest Pockets Turn Out to Fight Poverty

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      Thousands of Wall Street big shots crowded into the Javits Center Monday night for the annual Robin Hood gala. Founded in 1988, Robin Hood is one of New York’s largest anti-poverty groups, and its yearly fund-raiser lures the city’s deepest pockets for a night that results in millions in grants.A sea of men in navy jackets and brown oxfords filed through metal detectors to enter the cavernous hall, which was decked out with sports-themed decorations that included a giant inflatable basketball and baseball mitt. Thirsty bankers and hedge fund managers ordered vodka tonics and pours of Johnnie Walker Black Label at a bar housed in a soccer net. Boxers standing on small podiums jabbed at bright green punching bags that read “#fightpoverty.”After a marching band and a cheerleading squad performed, some 3,500 guests filed into an arena-like dining hall filled with hundreds of tables populated with sports, politics and finance figures. They included the National Football League’s commissioner Roger Goodell, the former N.F.L. quarterback Colin Kaepernick, the philanthropist Laurie M. Tisch and former Mayor Michael Bloomberg. Serena Williams sat beside her husband, Alexis Ohanian, one of the founders of Reddit and a Robin Hood board member.As the former New York Giants quarterback Eli Manning tucked into a plate of fried chicken, he considered the importance of giving back.“This city is filled with the people who root for me and who have rooted for me,” Mr. Manning said, “and I think all New York athletes and sports teams have a responsibility to give back.”Gov. Kathy HochulDolly Faibyshev for The New York TimesWe 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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      This Year’s Met Gala Raises the Most Money in Its History

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      The Met’s annual fashion party has become a fund-raising juggernaut, but the lavish event comes with a price tag of its own. How much bang does it get for its buck?The Met Gala has outdone itself, even before it’s begun.The annual gala at the Metropolitan Museum of Art — the flashy fashion extravaganza that highlights the city’s social scene every May — raised a record $31 million this year, museum officials announced on Monday, the biggest gross in the event’s 77-year history.The money haul — and the avid interest the gala inspires — further cements its place as the pre-eminent benefit among the city’s cultural institutions, and one the world’s most sought-after tickets. The Met’s take dwarfs events like a September gala for the New York Philharmonic (which brought in nearly $4 million) and the 2024 event for the Whitney Museum of American Art, which raised some $5.2 million.The $31 million figure does not reflect the seven-figure cost of staging the gala, which will kick off on Monday evening with the procession of pop stars, fashion icons and sporting-world superstars striding the red carpet, enduring countless flashbulbs, and surrounded by a swarm of publicity and eager onlookers.The gala will act, as always, as the opening of a Costume Institute exhibition: This year’s is entitled “Superfine: Tailoring Black Style,” examining 300 years of Black fashion and the vibrant history of Black dandyism.That emphasis is a significant departure from the department’s largely monochromatic past: This is the Met’s first fashion exhibition devoted entirely to designers of color, and is being seen as part of a larger effort to diversify the collection. It is also a rarity for its focus on men’s wear.As such, it drew an array of Black celebrities to help host the event — including Colman Domingo, Lewis Hamilton, ASAP Rocky and Pharrell Williams. LeBron James, whose Los Angeles Lakers were bounced from the N.B.A. playoffs last week, is the honorary chair.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 US Politics

      US philanthropists warn against capitulating to Trump: ‘We need to step up’

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      John Palfrey will not be obeying in advance.At a moment when leaders of tech companies, law firms, media corporations and academic institutions have bent the knee to Donald Trump, the president of the John D and Catherine T MacArthur Foundation insists that charitable organisations choose resistance over capitulation.“We have an opportunity to unite and advance,” Palfrey said last week. “There’s a chance here for us to stand together on a series of very important bedrock principles, and do so with linked arms, and do so in such a way that allows us to serve every community in America in a way that will ensure a strong republic for years to come.”Trump’s return to power has been described as an authoritarian power grab, rewarding compliance and punishing dissent. The Facebook chief executive, Mark Zuckerberg, ABC News and Columbia University ceded ground or surrendered. Several major law firms offered almost $1bn in pro bono work to curry favour.But this week Harvard, the oldest and wealthiest university in America, pushed back after the Trump administration cut $2bn of its federal grants, earning praise from the former president Barack Obama. Sixty current and former university presidents co-signed an editorial in Fortune offering support.Philanthropic organisations could be next in the firing line. The MacArthur Foundation, founded in 1978, funds work in fields including social justice, climate change, criminal justice reform, journalism and media, community development and international peace and security. It has assets of about $7bn and is known for bestowing annual “genius” grants on artists, actors and other creative people.Palfrey recently authored a joint article with Tonya Allen of the McKnight Foundation and Deepak Bhargava of the Freedom Together Foundation warning that charitable organisations could be the next institutions under attack, and announcing a public solidarity campaign to support philanthropy’s freedom to give. More than 300 organisations have already signed on.The trio wrote: “We’ve seen this before in American history and across the globe. Weaponized oversight. Intimidation dressed up as transparency. It is not new. But our response must be: we in the philanthropic community must not wait like sitting ducks.”Speaking via Zoom from the MacArthur Foundation’s headquarters in Chicago, Palfrey, 52, explained that he felt it important to clearly state the need to preserve freedom of speech, freedom to give and freedom to invest – core to the work of a philanthropic foundation.“It’s important to draw some bright lines at this point and say these are lines that need not to be crossed,” he said. “For me, the first amendment is a very good guide to that. I like to think about American history and 1776. That’s a point in our history when we decided as a country that we didn’t want kings and we decided to fight a revolution on that.“We decided we wanted the rule of law, not the rule of one man, and we decided, as we set up our constitution, that the first thing we would enshrine is the right of free expression. All of those are bedrock principles of what it means to be in the American republic, and I think it’s important for us to state those things clearly and plainly at this moment.”After three months back in office, Trump has invited comparisons with the “electoral autocracy” that is Viktor Orbán’s Hungary. With bewildering speed, he has cowed Congress, attacked judges and defied their orders, deported immigrants without due process, sought to intimidate the free press and attempted to impose his will on universities and cultural institutions such as the Kennedy Center.Palfrey, a student of history, warned: “If where we are headed is on the model of Hungary, we are going to see a repression of civil society that will not be good for communities across America. I don’t think we should go in that direction as a country.“We have the opportunity to adjust our course. I hope very much that our leaders will decide not to repress civil society in a way that constrains freedom of speech, and this is a good time to say that’s not the direction that makes sense for America.”Does he worry that the US is sliding into authoritarianism? “I’d rather not find out.”The country still has a powerful story to tell, he insists. “I very much hope that those of us who have the right to speak freely, as we do in America, will do so. It’s one of those things: you have to use it or lose it. Communicating who we are as a people and continue to be as a people is very important as a message to ourselves and to the rest of the world.”The MacArthur Foundation has supported organisations that work in 117 countries and has offices in India and Nigeria. Meanwhile, Trump’s ally Elon Musk, the world’s richest man, has denied food and medicine to the world’s poorest people by gutting the development agency USAID.Palfrey said: “We’re a funder that is predominantly giving money in the United States, but we do have work outside the US. There are, of course, questions about [if] the rest of the world [can] count on the United States as a charitable partner – and that question is up in the air at the moment.”In the meantime, Musk and his so-called “department of government efficiency” have slashed and burned through federal departments, firing thousands of workers with little rhyme or reason. The pain is being felt in international development, scientific research and struggling communities. It has made charitable foundations’ work all the more urgent.Palfrey describes such work as fundamentally non-partisan, helping people in every district in the country. He said: “There is so much need in communities right now. Some of it does of course have to do with cuts to federal funding.“Let’s imagine for a second that you’re a cancer researcher and you’re saving the lives of small children who are getting cancer and your funding has just been cut. If you are an organisation that funds cancer research, your money is needed more than ever, so we need to step up.”The MacArthur Foundation will increase its giving by more than 20% for 2025 and 2026. “I don’t believe that private philanthropy can make up for all of the cuts that are under way in the United States and around the world, for that matter, but I do feel like we can and should do more, and this is what we’re called upon to do in this moment.”Palfrey’s joint article warns that philanthropy is often slow by design, but time is a luxury it cannot afford. He urges organisations to speak in plain language, not the “philanthropy speak” for which they are notorious, and hold the line. He hopes that other sectors will join in demonstrating that courage is contagious.“I’d love to see the business community say: this is what’s super-important to us, and this is how we’re going to come together around it. I’d love to see universities and colleges do the same and say: this is the essential bedrock that we need to be able to maintain. That is available to every group in America and very much in the spirit of our country. [It] is how we come together around shared ideals.” More

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      Overlooked No More: Katharine McCormick, Force Behind the Birth Control Pill

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      She used her wealth strategically to expand opportunities for women, underwriting the development of the pill and supporting the suffrage movement.This article is part of Overlooked, a series of obituaries about remarkable people whose deaths, beginning in 1851, went unreported in The Times.Katharine Dexter McCormick, who was born to a life of wealth, which she compounded through marriage, could have sat back and simply enjoyed the many advantages that flowed her way. Instead, she put her considerable fortune — matched by her considerable willfulness — into making life better for women.An activist, philanthropist and benefactor, McCormick used her wealth strategically, most notably to underwrite the basic research that led to the development of the birth control pill in the late 1950s.Before then, contraception in the United States was extremely limited, with bans on diaphragms and condoms. The advent of the pill made it easier for women to plan when and whether to have children, and it fueled the explosive sexual revolution of the 1960s. Today, the pill, despite some side effects, is the most widely used form of reversible contraception in the United States.McCormick’s interest in birth control began in the 1910s, when she learned of Margaret Sanger, the feminist leader who had been jailed for opening the nation’s first birth control clinic. She shared Sanger’s fervent belief that women should be able to chart their own biological destinies.The two met in 1917 and soon hatched an elaborate scheme to smuggle diaphragms into the United States.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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      Prince Harry Expresses ‘Relief’ Over Charity Commission’s Sentebale Investigation

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      A British regulator said it would examine concerns about Sentebale, the charity Harry co-founded, looking at its chair as well as its trustees.Following days of silence after he was accused of bullying and harassment, Prince Harry said on Thursday that he welcomed an announcement that the bitter dispute at the charity he co-founded is to be examined by the Charity Commission, an independent watchdog that regulates charities in England and Wales.The charity, Sentebale, has been engulfed in a public relations crisis since last week, when Harry and his co-founder, Prince Seeiso of Lesotho, announced they were resigning as patrons in solidarity with five trustees over a damaging rift with the chair of the board, Sophie Chandauka.Ms. Chandauka has since gone on television in Britain to level a series of incendiary claims against the former trustees and Prince Harry, including allegations of sexism, harassment and bullying, which they have strongly denied.“On behalf of the former trustees and patrons, we share in the relief that the Charity Commission confirmed they will be conducting a robust inquiry,” Harry said in a statement issued with Prince Seeiso. He added: “We fully expect it will unveil the truth that collectively forced us to resign.”The dispute between Ms. Chandauka and the prince has spiraled into an ugly spectacle, with her claiming that she was targeted by the publicity machine of Harry and his wife, Meghan, after an awkward encounter with Meghan at a polo match in Miami to raise funds for the charity. The former trustees, in turn, said they had lost confidence in Ms. Chandauka’s leadership.The Charity Commission said it had opened a compliance case to examine concerns about Sentebale, and said its focus would include determining whether trustees, including Ms. Chandauka, had fulfilled their legal duties.“The regulator’s focus, in line with its statutory remit, will be to determine whether the charity’s current and former trustees, including its chair, have fulfilled their duties and responsibilities under charity law,” the commission said in its statement.The commission said it was now “in direct contact with parties who have raised concerns to gather evidence and assess the compliance of the charity and trustees past and present.”Ms. Chandauka said in a statement that she also welcomed the watchdog’s decision to proceed with a compliance case. “We hope that, together, these actions will give the general public, our colleagues, partners, supporters, donors and the communities we serve comfort that Sentebale and its new board of trustees are acting appropriately to demonstrate and ensure good governance,” she added. More

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      Prince Harry Accused of ‘Bullying’ by Chair of Charity He Co-founded

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      Sophie Chandauka said Harry quit as patron of the organization to damage it after failing to oust her from the role following a series of board conflicts.An ugly rift between Prince Harry and a leader of a charity he co-founded escalated on Sunday after the leader, Sophie Chandauka, accused the prince of engaging in harassment and bullying to try to force her out of her post.Ms. Chandauka said that when Harry abruptly resigned last week as the patron of the charity, Sentebale, it was calculated to damage the organization after he failed to oust her from her post as the chair of its board of trustees.“Can you imagine what that attack has done for me, on me, and the 540 individuals in the Sentebale organizations and their family?” Ms. Chandauka said in an interview with the British broadcaster Sky News. “That is an example of harassment and bullying at scale.”A spokesman for Harry and his wife, Meghan, declined to comment on Ms. Chandauka’s latest claims, which she made on the Sky News program “Sunday Morning with Trevor Phillips.”Sentebale was co-founded by the prince in 2006 to honor his late mother, Diana, Princess of Wales, and to raise money to help young victims of the H.I.V. pandemic in Lesotho. It has expanded operations to nearby Botswana and works on issues ranging from substance abuse and gender-based violence to climate change, and how they affect young people.Harry, who is also known as the Duke of Sussex, announced his resignation, alongside the charity’s co-founder, Prince Seeiso of Lesotho, last Wednesday, saying that the relationship between the board of trustees and Ms. Chandauka had ruptured irretrievably. Five of the board’s nine members had resigned earlier in the week.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