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Trump's MAGA Inc. Super PAC Donor List is Littered with Corporate and Billionaire Influence Buyers
President Trump’s MAGA Inc. SuperPAC received $1 million or more from more than 70 donors since January, according to the SuperPAC’s most recent campaign finance disclosure filed last week.
The million-dollar donor list includes numerous corporate and billionaire donors with interests in influencing the Trump administration, including two crypto companies that were facing SEC investigations that have since been dropped and a seller of “skin substitute” products that benefited from the delay of a Biden-era Medicare rule to limit spending on their products.
“The real question this mega-donor list raises is not ‘how much,’ but ‘who from?’” said Jon Golinger, democracy advocate for Public Citizen. “By taking contributions from wealthy individuals and industries who want something from government, Trump’s SuperPAC has used pay-to-play to raise big money from special interests like a legalized shakedown.”
Public Citizen analyzed the new MAGA Inc. SuperPAC filing with the Federal Election Commission, covering the period of January 1 – June 30, 2025, and found the following:
- Corporations gave $83.5 million
- Billionaires gave $52.7 million
- Cryptocurrency corporations, executives, and investors gave $42.3 million
- Fossil fuel corporations and executives gave $26 million
- Healthcare corporations and executives gave $21 million
Donations of $1 million or more from corporations and billionaires included:
- $25 million (combined) from Energy Transfer LP and CEO Kelcy Warren. Energy Transfer is suing the Pipeline and Hazardous Materials Safety Administration, asking a judge to declare the agency’s in-house enforcement system unconstitutional.
- $16 million from Jeff Yass, a billionaire who owns a stake in TikTok’s parent company. TikTok is facing a Department of Justice lawsuit alleging violations of the Children’s Online Privacy Protection Act.
- $15 million from the “skin substitute” company Extremity Care and affiliates. In April 2025, the Trump Administration postponed implementation of a Biden-era rule that would limit Medicare spending on skin substitute products.
- $10 million in February 2025 from Foris Dax, Inc., which operates Crypto.com. Crypto.com was under investigation by the SEC over allegations of allegedly trading unregistered securities. The SEC investigation was reportedly dropped in March 2025.
- $2.4 million in January 2025 from Gemini Trust Company (DBA Gemini) and co-founders Cameron and Tyler Winklevoss. At that time, Gemini was under investigation by the SEC for allegedly trading unregistered securities. The SEC investigation was reportedly dropped in February 2025. Gemini donated an additional $1.5 million in April 2025.
Public Citizen is a nonprofit consumer advocacy organization that champions the public interest in the halls of power. We defend democracy, resist corporate power and work to ensure that government works for the people - not for big corporations. Founded in 1971, we now have 500,000 members and supporters throughout the country.
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'Are You Worried the Billionaires Are Going to Go Hungry?' Warren Asks Mamdani Critic
"Do you know how many working families are chased out of New York City every day because they can't afford housing, they can't afford groceries, they can't afford groceries?" said the Democratic senator.
Aug 04, 2025
Before joining New York City mayoral candidate Zohran Mamdani at an event focusing on childcare in the largest city in the U.S., Sen. Elizabeth Warren appeared on CNBC where she feigned concern for New York's richest residents—those who aren't being centered in Mamdani's campaign focused on making housing, groceries, and other essentials more affordable for the city's working class.
"Oh dear, are you worried that billionaires are going to go hungry?" the Massachusetts Democratic senator asked anchor Dan Faber when he inquired whether raising taxes on the richest residents is how Mamdani's far-reaching economic justice initiatives should be funded.
Faber responded that rich New Yorkers will leave the city if Mamdani becomes mayor and succeeds in establishing city-owned grocery stores and universal childcare by raising the corporate tax rate to 11.5%—the rate that already exists in neighboring New Jersey and that would raise $5 billion—and instituting a 2% tax on households earning above $1 million annually.
"Do you know how many working families are chased out of New York City every day because they can't afford housing, they can't afford groceries, they can't afford groceries?" Warren asked Faber.
She later added that billionaires have repeatedly threatened to leave the city at various times. Real estate brokers have expressed doubt that wealthy New Yorkers like Gristedes magnate John Catsimatidis and hedge fund manager Bill Ackman will follow through on their threats, and state tax data has shown that recent shocks like the coronavirus pandemic and tax code changes have not pushed the rich away.
Data also backs up Mamdani's warnings that more and more families in New York are having an increasingly hard time affording life in the city, with Columbia University and the anti-poverty group Robin Hood reporting earlier this year that 1 in 4 New Yorkers can't afford essentials like housing and food.
"You want to have a workable city?" asked Warren. "You want to have a city that's vibrant, you want to have a city where the streets are full, where there are things for sale 24 hours a day, then you need people who can live here and work here."
Warren's comments preceded her appearance with Mamdani, currently a state assemblymember who represents parts of Queens, at the headquarters of District Council 37, the city's largest public employees union, where they spoke about childcare challenges for families in New York. Parents in the city pay nearly $3,000 per month on average for full-time childcare, and more for an infant.
"We know that it is our responsibility to move beyond the broken politics of the past, of our city and our state, and start to offer an alternative across this country to what it could look like to be a people that fight for the families that raise us," said Mamdani at the event.
The progressive candidate has pledged to make childcare free for all New York City families with children aged 6 weeks to 5 years.
Warren said at the event that following Mamdani's surprise victory against former Gov. Andrew Cuomo in the Democratic primary in June, the city "is the place to start the conversation for Democrats on how affordability is the central issue, the central reason to be a Democrat, and that delivering on it in meaningful, tangible ways that will touch working families is why we're here."
The senator endorsed Mamdani days after his primary victory—a step that powerful establishment Democratic figures in the assemblyman's home state, such as U.S. House Minority Leader Hakeem Jeffries, Senate Minority Leader Chuck Schumer, and Gov. Kathy Hochul—have yet to take.
"The way I see it, Zohran ran a campaign that inspired people, that actually got people on their feet," said Warren on Monday. "And the issue he focused on? Affordability."
Mamdani's primary success, said Warren, raises the question: "Why are billionaires and Wall Street CEOs pouring millions of dollars into a race to stop Zohran?"
In an article in Rolling Stone, the senator noted that Mayor Eric Adams—who is running as an independent and is currently in fourth place in general election polls, with just over 12% of the vote compared to Mamdani's 35%—"raised $1 million in a single night from donors with ties to big law firms, commercial brokerages, and big real estate developers who could lose their iron-fisted grip on New York in a Mamdani administration."
Ackman has also played Cuomo and Adams against each other, she wrote, holding "back-to-back meetings" so the candidates could "tap dance for the 'hundreds of millions of dollars' he has said he will spend" to defeat Mamdani.
"In a democracy, billionaires should not be able to buy our elections and control our politicians," wrote Warren. "Elected officials should work for their constituents, not use their government offices to hand out favors to a well-connected few."
Mamdani, she said in a video posted on social media, is "not afraid to take on the billionaires and the giant corporations to make New York more affordable."
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Trump Admin to Withhold Disaster Aid from Any State or City That Boycotts Israeli Products
One international relations expert called it "the diametric opposite of America First."
Aug 04, 2025
The Trump administration announced Monday that it will cut off federal natural disaster preparation funding to any state or city that boycotts Israeli products.
According to Reuters, which quoted a statement from the Federal Emergency Management Agency (FEMA):
States must certify that they will not cut off "commercial relations specifically with Israeli companies" to receive the money from the Federal Emergency Management Agency according to the agency's terms for grantees.
The condition applies to at least $1.9 billion that states rely on to cover search and rescue equipment, emergency manager salaries, and backup power systems, among other expenses.
The Boycott, Divestment, and Sanctions (BDS) movement is an international attempt to use economic means—including refusing to support Israeli companies—to put pressure on the nation's government to stop human rights abuses toward Palestinians.
BDS has gained momentum in the wake of Israel's current genocidal onslaught against Gaza, which began in 2023. However, it long predates the most recent assault as a method of nonviolent resistance to Israel's occupation of the Palestinian territories, which is recognized as illegal under international law.
It is not immediately clear which states would lose disaster funding under the new policy, since none actively boycott Israel. In fact, since 2015, 34 U.S. states have passed anti-BDS laws that take multiple different forms.
Many of these states require public employees and contractors to sign pledges that they will not boycott Israeli products during the term of their contract. Others steer state investments away from funds that do not invest in Israeli companies, stocks, or government bonds.
These laws have been frequently challenged in courts as violations of the First Amendment rights to freedom of speech, assembly, association, and petition. Though some have been struck down in federal courts, the U.S. Supreme Court has continuously declined to rule on their legality.
Though no states actively boycott Israel, some U.S. city councils, including in Portland, Maine; Hamtramck, Michigan; and two California cities, Hayward and Richmond, have passed resolutions divesting from Israeli companies considered "complicit" in the country's attacks on Palestinian rights.
According to FEMA's new policy, these cities and others that may consider adopting similar policies may now lose out on federal funds to prepare for natural disasters.
Critics have noted the irony of the "America First" Trump administration jeopardizing the safety of American citizens on behalf of a foreign country.
Stephen Wertheim, a foreign policy expert at the Carnegie Endowment, described it as "the diametric opposite of America first."
Krystal Ball of the political talk show Breaking Points said, "denying American victims of natural disasters aid if they are insufficiently supportive of Israel" was "absolute insanity."
Gillian Branstetter, a communications director for the American Civil Liberties Union (ACLU)—a leading opponent of anti-BDS laws—joked that the government's policy was now: "If you don't buy Sabra hummus, we will drown your family."
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Over 40% of Pregnant, Breastfeeding Women Who Visit Save the Children's Gaza Clinics Are Malnourished
"These are realities no mother should ever have to face," said one Save the Children official.
Aug 04, 2025
Save the Children on Monday released a report outlining the dire humanitarian situation in Gaza for pregnant and breastfeeding women.
The organization said that 43% of pregnant and breastfeeding women who showed up to its clinics in Gaza last month were malnourished, which represented a threefold increase since March, when the Israeli military imposed a total siege on the area.
"Since April, staff at Save the Children's two primary healthcare centers operating in Gaza have reported monthly increases in the number of pregnant and breastfeeding women found to be malnourished, with food, water and fuel almost entirely unavailable," said Save the Children. "Poor nutrition and malnutrition during pregnancy can cause anaemia, preeclampsia, hemorrhage, and death in mothers, lead to stillbirth, low birthweight, stunted growth, and developmental delays for children."
Instead of breastfeeding, said Save the Children, many mothers are resorting to giving their babies water mixed with ground chickpeas or tahini, which the organization noted were poor substitutes for breast milk or baby formula.
"Mothers are arriving at our clinics hungry, exhausted, and terrified their babies won't survive," said Ahmad Alhendawi, Save the Children's regional director for the Middle East, North Africa, and Eastern Europe. "Some are asking for formula so their baby can still be fed if they die. These are realities no mother should ever have to face."
Alhendawi went on to say that "extreme stress can disrupt breastfeeding" and that "displacement and hunger in Gaza are taking a devastating toll on all mothers" in the region. Save the Children then called upon the Israeli government to lift its blockade of aid supplies into Gaza and give international humanitarian organizations license to help millions of people currently facing acute starvation and other health threats.
Save the Children is not the first organization to point out the crisis facing pregnant and breastfeeding women in Gaza.
Doctors Without Borders last month similarly reported that "the number of people enrolled for malnutrition" at its Gaza City clinic "has quadrupled since May 18, while rates of severe malnutrition in children under 5 have tripled in the last two weeks alone." In all, Doctors Without Borders estimated that 25% of children, pregnant women, and breastfeeding women at the clinic were malnourished.
Amande Bazerolle, the Doctors Without Borders head of emergency response in Gaza, accused the Israeli government of deliberately inflicting starvation on the people living there.
"What we are seeing is unconscionable; an entire population being deliberately cut off from food and water, all while the Israeli forces commit daily massacres as people scramble for scraps of food at distribution sites," Bazerolle said. "Any shred of humanity in Gaza has been wiped out in the ongoing genocide."
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