Thursday, December 18, 2025 | 12:49 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Trump policies boon to super rich. So where are 7-figure cheques?

Only a fraction of the president's top donors have given as much to his re-election effort

Dallas : In this June 11, 2020 photo, President Donald Trump speaks during a roundtable discussion about Transition to Greatness: Restoring, Rebuilding, and Renewing, at Gateway Church Dallas in Dallas | AP/PTI
premium

Prospective contributors have responded to solicitations by expressing concern that Trump has not articulated a clear vision for the next four years

Glenn Thrush, Rebecca R Ruiz & Karen Yourish | NYT
Timothy Mellon, reclusive heir to a Pittsburgh banking fortune, was such an unknown figure among Republican operatives that they needed to Google his name when he reached out in 2018 to offer his help in the midterm elections. The staff quickly discovered this was no middling donor: Mellon planned to give $10 million — with the suggestion that he wanted to give more.
 
This April, Mellon gave another $10 million, this time to US President Donald Trump’s super PAC, America First Action, the only Trump-endorsed fund-raising group permitted to collect unlimited contributions. The donation transformed Mellon into Trump’s biggest political