InfluenceWatch Podcast 166
Foreign Billionaire Influences American Policy
In this episode: Federal law prohibits foreign nationals, except holders of permanent resident (or “green card”) status, from making political contributions in federal elections. But foreign billionaires are free to spend whatever they like on "news" organizations and advocacy groups that influence American public policy.
Which brings us to Swiss billionaire Hansjoerg Wyss, the major environmentalist donor who just dropped a bid to buy the Chicago Tribune and turn the paper into a clone of the Washington Post. But a funny thing happened on the way to a Midwestern #Resistance media outlet: The New York Times exposed Wyss’s agenda, and he dropped his bid for the Tribune. Joining me to discuss Wyss, the brouhaha, and Wyss’s other projects is my colleague Hayden Ludwig.
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