AMERICANALMANAC (Sadie Smith) - Hedge-fund heiress bankrolls both Democratic establishment and socialist candidates with millions
Elizabeth Simons, the billionaire daughter of late hedge-fund titan James Simons, is funneling hundreds of thousands of dollars to the Democrats' official House campaign arm, even as she simultaneously finances a super PAC backing a democratic socialist in New York. Simons donated $354,000 to the Democratic Congressional Campaign Committee this election cycle and cut additional […] The post Hedge-fund heiress bankrolls both Democratic establishment and socialist candidates with millions appeared first on American Almanac .
Elizabeth Simons, the billionaire daughter of late hedge-fund titan James Simons, is funneling hundreds of thousands of dollars to the Democrats' official House campaign arm, even as she simultaneously finances a super PAC backing a democratic socialist in New York. Simons donated $354,000 to the Democratic Congressional Campaign Committee this election cycle and cut additional checks to individual House candidates, the New York Post reported , citing an analysis of Federal Election Commission data. She also gave $250,000 last August to New Yorkers for Lower Costs, the super PAC supporting Zohran Mamdani, a self-described democratic socialist running against former Gov. Andrew Cuomo. That quarter-million-dollar check was the largest…Open