Adelson Pumps $30 Million Into House-Focused CLF | NTK Network Adelson Pumps $30 Million Into House-Focused CLF

Adelson Pumps $30 Million Into House-Focused CLF

The casino magnate gave $10 million to the group in August 2016. Now he’s upping the ante and donating earlier.

By NTK Staff | 05.10.2018 @10:00am
Adelson Pumps $30 Million Into House-Focused CLF

Las Vegas billionaire Sheldon Adelson reportedly donated $30 million to the Congressional Leadership Fund (CLF), the outside group closely associated with Speaker Paul Ryan (R-WI). Republicans hope the “massive cash infusion” will “alter the party’s electoral outlook six months before Election Day,” according to Politico.

Adelson, a prominent GOP donor, has given to CLF in the past. He donated $10 million in August 2016, as the campaigns turned into the home stretch of the race.

According to Politico, this is how the donation went down:

The long-sought donation was sealed last week when, according to two senior Republicans, House Speaker Paul Ryan flew to Las Vegas to meet with the billionaire at his Venetian Hotel. Also at the meeting with Adelson was his wife, Miriam; Norm Coleman, the former Minnesota senator who chairs the Republican Jewish Coalition; Corry Bliss, who oversees the super PAC; and Jake Kastan, Ryan’s No. 2 political aide. They laid out a case to Adelson about how crucial it is to protect the House.

As a federally elected official, Ryan is not permitted to solicit seven-figure political donations. When Ryan (R-Wis.) left the room, Coleman made the ask and secured the $30 million contribution.

The money is a huge boon to Republicans, who are defending seats in redrawn districts, recruiting new candidates to replace retiring members, and facing a tough midterm election cycle.

CLF has been active in House special elections in 2017 and 2018, and last month announced $43 million in fall ad time in top-tier House races.

Sign Up

for NTK updates every week.

View Privacy Policy