Pandora Papers reveal offshore finances of the global elite currying influence in U.S.
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October 14, 2021
This week in money-in-politics
Pandora Papers reveal offshore finances of the global elite currying influence in U.S.
A trove of 11.9 million records released last week exposed the offshore financial secrets of hundreds of politicians, billionaires, celebrities, royal family members and other wealthy individuals in more than 200 countries and territories across the globe.
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** Phil Murphy still leads in N.J. polls despite being outspent
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Two gubernatorial races could be a bellwether for the 2022 midterms, and New Jersey Gov. Phil Murphy hopes to lead the trend for Democrats.
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** Home builders, housing advocates lobby against potential cuts to housing aid
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The home building industry has spent $3 million on lobbying, but federal housing aid may be cut from the reconciliation package.
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** National campaign finance organizations descend on Virginia state House races
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Virginia Democrats are defending their majority in the House of Delegates, and national organizations are flocking to the commonwealth.
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We're looking for writers with political knowledge and an interest about money-in-politics for the spring semester. Intern responsibilities include writing breaking news items and longer in-depth pieces for OpenSecrets News.
Undergraduate and graduate students are eligible, and the deadline to apply is November 15.
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OpenSecrets in the News
See our media citations from outlets around the nation this week:
** The Voters Democrats Say Are Crucial to Flipping Texas (The New York Times) ([link removed])
Democratic spending has at the same time grown over the last several cycles: While about $75 million went to Democratic candidates in the state in 2016, roughly $213 million went to Democratic candidates in 2020. That 2020 number was still dwarfed by the $388 million spent on Republican candidates, according to OpenSecrets, which tracks political spending across the country.
** Republicans say McConnell 'blinked' on debt ceiling to save the filibuster (NBC News) ([link removed])
McConnell's aligned super-PAC, Senate Leadership Fund, as well as its anonymous money partner, One Nation, are instrumental in helping Republicans in their elections. SLF raised $475 million in the 2020 election cycle and 95 percent of it was from donors contributing more than $200, according to the nonpartisan donor tracking website OpenSecrets.org.
** Texas abortion law critics are targeting these corporate donors and Texas-based companies (USA Today) ([link removed])
Musk donated to three anti-abortion Republican lawmakers and four Democratic lawmakers who support abortion rights, giving each $2,800, according to money-in-politics tracker OpenSecrets.org.
** POLITICO ([link removed])
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** The Nevada Independent ([link removed])
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