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U.S. Senator Joe Manchin (D-WV) gestures as he speaks with the media following Senate Democratic lunch, on Capitol Hill in Washington, January 13, 2022.
Elizabeth Frantz | Reuters
Ken Langone, a billionaire investor and Republican donor, contributed to Sen. Joe Manchin’s political motion committee days after the conservative Democratic lawmaker mentioned he wouldn’t help President Joe Biden’s $1.75 trillion social and local weather spending bundle.
Langone and his spouse every contributed $5,000 to Manchin’s Nation Roads management PAC in donations dated New 12 months’s Eve, in line with a Federal Election Fee submitting first reviewed by CNBC. That whole is essentially the most a person can contribute to such a PAC in a given 12 months.
The contribution arrived almost two weeks after Manchin took to Fox Information to announce he wouldn’t be backing the social spending proposal often known as Construct Again Higher.
A month earlier than his contribution, Langone praised Manchin dwell on CNBC. Langone additionally mentioned he meant to host a large fundraising occasion for the conservative Democrat, who has opposed and watered down key items of his personal occasion’s agenda. Manchin is up for reelection in 2024.
“I do not see management anywhere on this nation. Thank God for Joe Manchin,” Langone mentioned on the time. “I’ll have one of many greatest fundraisers I’ve ever had for him. He is particular. He is treasured. He is an awesome American,” he added. Watch the video right here:
Manchin, who represents West Virginia, is a pivotal vote in a Senate cut up 50-50 among the many two events. That has made him and his political operation a magnet for lobbying from enterprise leaders and particular curiosity teams.
The Nation Roads PAC raised over $150,000 in December, greater than it did in November. In December, the committee additionally obtained donations from firms akin to AT&T, PG&E, Valero Power, Honeywell Worldwide, Clearway Power, Exelon and the Nuclear Power Institute.
Previous to his December donation, Langone had by no means contributed to considered one of Manchin’s campaigns or his management PAC, in line with the nonpartisan Middle for Responsive Politics.
Knowledge present that the donation to Manchin’s committee marks the primary identified time Langone has donated to a Democrat since he contributed to Invoice Daley’s Chicago mayoral marketing campaign in the course of the 2019 election. Daley got here in third, failing to make the runoff. Lori Lightfoot, who positioned herself as extra progressive than Daley, gained.
Representatives for Manchin and his PAC didn’t return requests for remark earlier than publication. A name positioned to Langone’s funding agency was not returned.
Langone was as soon as a giant supporter of former President Donald Trump. He informed CNBC in 2016 he would again Trump’s preliminary candidacy for the White Home however that he was performed with political fundraising. He later endorsed Trump’s financial insurance policies, together with tariffs on Chinese language items.
Then Langone took purpose on the former president after Jan. 6, 2021, when a mob of Trump supporters stormed the Capitol in a bid to cease Congress from confirming Biden’s victory within the 2020 election.
Data present that a few of Langone’s most up-to-date large cash donations consists of $1 million to the Senate Management Fund, a brilliant PAC that works to defeat Democratic candidates working for Senate, and $500,000 to Individuals for Prosperity Motion, a bunch supported by the Republican-friendly Koch household.
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