Archive

Category: Money in Politics

Judge Orders Trump to Pay Stormy Daniels $44,000 in Legal Fees

Stormy Daniels and Michael Avanatti in 2019Mjt/AdMedia/ZUMA For indispensable reporting on the coronavirus crisis and more, subscribe to Mother Jones’ newsletters.It’s been a bad week in court for President Donald Trump. First, Steve Bannon—his former campaign chief and White House aide—was arrested and charged with defrauding donors who had supported a privately funded effort to…

You Can Get a Photo With Donald Trump for Only $580,600

Alex Brandon/AP For indispensable reporting on the coronavirus crisis and more, subscribe to Mother Jones’ newsletters.As Donald Trump fumes and fulminates in the White House, amid a pandemic, economic calamity, and widespread civil unrest, he and his political team are not taking their eyes off the big picture: raising money for his reelection campaign. With…

Mike Bloomberg Is Way Richer Than People Realize

Michael Bloomberg is rich. Really, really rich. With $62.8 billion to his name, the former New York City mayor and CEO of the eponymous Bloomberg L.P. has a greater net worth—a far greater net worth—than all the other Democratic presidential candidates combined. (Tom Steyer’s $1.6 billion? That’s quaint.) It’s a fortune that is more than…

Trump to Payday Lenders: Let’s Rip America Off Again

A cash advance provider in Orpington, Kent, UKGrant Falvey/London News Pictures/Zuma When South Dakotans voted 3–to–1 to ban payday loans, they must have hoped it would stick. Interest on the predatory cash advances averaged an eye-popping 652 percent—borrow a dollar, owe $6.50—until the state axed them in 2016, capping rates at a fraction of that in…

Jim Jordan Is Lying About Voting Rights

Alex Brandon/AP Last week, Rep. Jim Jordan (R-Ohio) sent an alarming email to his supporters. Jordan, who is one of Donald Trump’s most vocal defenders on Capitol Hill, warned that Obama-era Attorney General Eric Holder is on the cusp of using the courts to “steal” his congressional seat and replace him with a “radical liberal.”…