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U.S. Firms Set $646M Record in Political Donations

8/27/2026

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Story summary
  • U.S. companies donated a record $646 million to political campaigns in the 18 months through June 2026.
  • Koch Inc. and online sports-betting firms each contributed roughly $76 million to the November 3 midterm elections.
  • Big Tobacco and cannabis firms gave heavily, mainly to Republicans, making up about one-third of $1.7 billion since 2010.
  • Rick Claypool warned the surge threatens democracy, while Tom Garrett called corporate spending a free-speech right.