Michael Bloomberg Gives $80 Million to Boost Democrats in Midterm Push

Michael Bloomberg's $80 million contribution aims to help Democrats secure a sizable House majority and narrow Republicans' financial edge.

AI-written summary · The Chestnut Post · October 20, 2026 at 12:00 PM EDT · How we use AI

Michael Bloomberg Gives $80 Million to Boost Democrats in Midterm Push

Former New York City Mayor Michael Bloomberg is giving $80 million to support Democrats in the closing push of the midterm elections, according to The New York Times.

The megadonor is focused on helping Democrats secure a sizable majority in the House. His contribution will help narrow Republicans’ fundraising advantage.

Originally reported by The New York Times. Read the full story at The New York Times

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