Corporate political donations shatter record at $646 million so far for US midterms
US companies donated a record $646 million to political campaigns, 40% more than the 2024 cycle, led by Koch Inc. and new entrants like online sports betting.
Corporate spending has ramped up quickly since the Supreme Court lifted donation and spending restrictions on political campaigns in 2010, allowing companies and wealthy individuals to give unlimited sums to independent political groups. By Reuters C... [7232 chars]