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LinkedIn co-founder Reid Hoffman is one of the major funders of a left-wing dark money organization known as the Good Information Foundation, which appears to be a violation of federal law that prohibits 501(c)(3) organizations from “directly or indirectly participating in, or intervening in, any political campaign.”
Former UN Ambassador Nikki Haley defended her decision to accept corporate money, as she emerged as the top target of her rivals during the fourth Republican presidential debate.
(Bloomberg) -- Former UN Ambassador Nikki Haley emerged as the top target of her rivals during the fourth Republican presidential debate, defending her growing base of Wall Street donors and her foreign policy stances. Most Read from BloombergApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferGlobal Bonds Power Ahead as Dovish Bets Take Hold: Markets WrapKevin McCarthy Leaving House Months After Ouster as SpeakerBiden
Vivek Ramaswamy's pointed accusations towards Nikki Haley sparked a debate on money in politics, raising questions about her stance to campaign funding.
(Bloomberg) -- Billionaire Reid Hoffman gave $250,000 to a super political action committee supporting Republican presidential candidate Nikki Haley, according to an adviser for the LinkedIn Corp. co-founder.Most Read from BloombergBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune India Stock Value Tops $4 Trillion, Narrowing Gap With Hong