MTG: “What MAGA is really serving in this administration, who they’re serving, is their big donors,” Greene said in a Wednesday interview with radio personality Kim Iversen.
“The big, big donors that donated all the money and continue to donate to the president’s PACs and donate to the 250th anniversary and are donating to the big ballroom,” she added.
“Those are the people that get the special favors. They get the government contracts, they get the pardons, or somebody they love or one of their friends gets a pardon.”
Donald Trump is losing support from almost every voting bloc there is as his second term wears on, but according to a new analysis from Thomas Edsall, the richest Americans are sticking by him. These "superrich" donors are now fueling a "Republican financial juggernaut,"
and they want favors in return.
"Determined to get a piece of the action, the very wealthy are lining up in droves," Edsall wrote in his
latest New York Times column. "Despite Trump’s having lost ground in almost every demographic during his second term, one group stands firmly in the president’s camp: the superrich who have their wallets open."
These superrich voters, Edsall explained, are standing by with Trump thanks to his economic policies, which "have reinforced and, in some cases, intensified trends toward the increasing concentration of wealth and income at the highest levels."
[The superrich used to spread their cash more evenly between the parties.]
"Then that pattern abruptly shifted," Edsalld wrote. "Contributions by the very rich to Republicans grew from roughly $300 million in 2022 to just under a billion in 2024, while donations to Democrats fell from roughly $300 million to less than $200 million."
The Post's original report noted that "more than 80 percent of the federal campaign spending by the 100 wealthiest Americans in 2024 went to Republicans."
[For Trump's SuperPAC donations] 90 percent of that amount coming in donations over $1 million.
That level of fundraising around a president like Trump, who has no legal path to running for a third term, seems odd on the surface. However, Edsall observed, these donors are backing Trump in exchange for preferential treatment, including regulatory changes and investments, and favors, such as pardons.