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The Latest Breaking News from Timothy Mellon

Meet Timothy Mellon, the reclusive Wyoming billionaire revealed as the $130 million donor funding military pay during the federal shutdown

The great-great-grandson of Mellon Bank’s founder inherited around $23 million from the family business, before making his own fortune in the railroad. Now he’s donating millions of it to the Republican Party.

Fortune

Scott Bessent Warns Military Pay At Risk By Mid November Amid Shutdown: 'What An Embarrassment'

Treasury Secretary Scott Bessent accused Democratic leaders of causing the ongoing government shutdown and condemned the Democratic-led boycott for harming both the economy and military personnel.

Benzinga

Why Donald Trump’s move to pay the troops was probably illegal, and why that probably doesn’t matter

NEWS ANALYSIS: Analysis: Experts argue that use of a donation and research funding present separate examples of Antideficiency Act violations writes John Bowden

The Independent UK

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Billionaire Trump Donor Timothy Mellon's £100 m Blast: How the Mystery Heir Footed America's Troops' Pay During the Shutdown

Trump ally Timothy Mellon donated £100m to fund U.S. troops during the shutdown, raising questions over private wealth and government power.

International Business Times UK

Timothy Mellon Donated $130 Million To Fund Troops Amid Shutdown: Report

Billionaire and Republican donor Timothy Mellon offered $130 million to help pay U.S. military members during the government shutdown.

Benzinga

This mysterious billionaire and top Trump backer is behind a $130 million donation to pay troops during the government shutdown, report says

But the Antideficiency Act prevents federal agencies from spending more money than Congress allows or from using unpaid help that Congress hasn’t approved.

Fortune

Mystery donor who gave Trump $130M to pay military is unmasked as banking heir with ties to RFK

Critics have expressed concerns over the ethics and legality of a private donor funding operations of U.S. military

The Independent UK

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Trump backer Timothy Mellon identified as donor of $130m for US troop pay during government shutdown

Reclusive Republican donor is descendant of gilded aged industrialist and former treasury secretary Andrew Mellon

The Guardian - US

The billionaires at Trump's inauguration

Beyond top execs from Meta, Apple and Amazon, a slew of ultra-wealthy donors are expected to attend

Salon

Reclusive billionaire heir Timothy Mellon gave $125 million to help elect Trump, even more than Elon Musk

A grandson of industrialist baron Andrew Mellon, he once railed against federal entitlements, which he said make Black people “belligerent.”

Fortune

Who are America’s billionaires backing this election?

More billionaires are backing Harris than Trump, but Trump’s billionaires are giving him larger amounts, Graig Graziosi reports

The Independent UK

Billionaire Timothy Mellon Donates Million To Trump Super PAC

Billionaire Timothy Mellon's million donation to a Trump-aligned super PAC underscores his strong support for Trump's campaign.

Top News

Billionaires keep Trump campaign afloat

Despite his support among the ultra-rich, Vice President Kamala Harris has raised nearly twice as much as Trump

Salon

2024 Federal Election Projected To Be Most Expensive Yet

Analysis reveals 2024 U.S. federal election to be record-breaking in spending, led by Republican super PACs and megadonors.

Top News

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The Guardian - US

Billionaires are endorsing Trump – but is that a bad bargain for them?

Experts are issuing stern warnings about business support for Trump – it could backfire badly and endanger democracy

The Independent UK

Reclusive Republican megadonor drops $50m into Trump super PAC

Banking heir Timothy Mellon is the largest donor to Trump-connected PACs

The Guardian - US

RFK Jr considers dropping out to help Trump, running mate says

Nicole Shanahan says she and independent 2024 candidate could ‘walk away and join forces with Donald Trump’

Top News

Robert F. Kennedy Jr. Reaches Out To Kamala Harris

Robert F. Kennedy Jr.'s interactions with Vice President Harris and former President Trump for potential roles in their administrations have sparked contro...

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Fortune

Want to know Trump’s next Treasury Secretary? Don’t look to Jamie Dimon, but to the people who made Trump money

Donald Trump’s former Treasury Secretary was hedge funder Steven Mnuchin, who earned the former president’s trust by helping him raise of $100 million.

Fortune

No Fortune 100 CEO supports Trump, a Yale Business professor says

Trump critic Jeffrey Sonnenfeld says the onetime business icon has the lowest corporate support in GOP history.

Top News

Trump Outraises Biden By M In May Fundraising Surge

Trump's post-conviction fundraising surge narrows financial gap for 2024 election, while Biden attracts grassroots support and substantial donations.

The Independent UK

Reclusive banking heir billionaire gave Trump $50m one day after hush money conviction

The huge sum, donated by businessman Timothy Mellon to Trump Super PAC MAGA Inc., is the largest federal individual campaign contribution so far this election cycle

Evening Standard

Trump's election campaign given $50million boost from billionaire Timothy Mellon

Forbes estimates that the Mellon family is worth some $14.1billion

International Business Times

Biden's Campaign Raises Over $85M In May, Yet Trails Trump Again

Biden's campaign still falls behind former President Donald Trump and the Republican National Committee's fundraising efforts for the second month in a row.

Top News

Biden's Campaign Raises Million In May

Biden's campaign raised million in May, trailing Trump's fundraising efforts. Biden emphasized grassroots support and strong infrastructure.

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