Billionaires backed Republicans who sought to reverse US election results

R&I – FS

An anti-tax group funded primarily by billionaires has emerged as one of the biggest backers of the Republican lawmakers who sought to overturn the US election results, according to an analysis by the Guardian.

The Club for Growth has supported the campaigns of 42 of the rightwing Republicans senators and members of Congress who voted last week to challenge US election results, doling out an estimated $20m to directly and indirectly support their campaigns in 2018 and 2020, according to data compiled by the Center for Responsive Politics.About 30 of the Republican hardliners received more than $100,000 in indirect and direct support from the group.The Club for Growth’s biggest beneficiaries include Josh Hawley and Ted Cruz, the two Republican senators who led the effort to invalidate Joe Biden’s electoral victory, and the newly elected far-right gun-rights activist Lauren Boebert, a QAnon conspiracy theorist. Boebert was criticised last week for tweeting about the House speaker Nancy Pelosi’s location during the attack on the Capitol, even after lawmakers were told not to do so by police.

Public records show the Club for Growth’s largest funders are the billionaire Richard Uihlein, the Republican co-founder of the Uline shipping supply company in Wisconsin, and Jeffrey Yass, the co-founder of Susquehanna International Group, an options trading group based in Philadelphia that also owns a sports betting company in Dublin.While Uihlein and Yass have kept a lower profile than other billionaire donors such as Michael Bloomberg and the late Sheldon Adelson, their backing of the Club for Growth has helped to transform the organization from one traditionally known as an anti-regulatory and anti-tax pro-business pressure group to one that backs some of the most radical and anti-democratic Republican lawmakers in Congress.

“Here’s the thing about the hyper wealthy. They believe that their hyper-wealth grants them the ability to not be accountable. And that is not the case. If you’ve made billions of dollars, good on you. But that doesn’t make you any less accountable for funding anti-democratic or authoritarian candidates and movements,” said Reed Galen, a former Republican strategist who co-founded the Lincoln Project, the anti-Trump campaigners.Galen said he believed groups such as the Club for Growth now served to cater to Republican donors’ own personal agenda, and not what used to be considered “conservative principles”.

Rawr

Article URL : https://www.theguardian.com/us-news/2021/jan/15/trump-republicans-election-defeat-club-for-growth