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The Guardian - US
The Guardian - US
World
Chris Stein in Washington

Michael Bloomberg spends $80m on Democrats as Trump moves $400m to Republican candidates

Michael Bloomberg Donald Trump Democratic Party Republican Howard Wolfson US Senate Midterm Elections New York
An older man speaks into microphones at a podium, wearing a dark suit
Michael Bloomberg on 28 April 2026 in Madrid, Spain. Photograph: Europa Press News/Europa Press/Getty Images

The billionaire Michael Bloomberg will spend $80m to help Democratic candidates in the midterm elections, US media reported on Tuesday, a significant infusion of cash for a party that has recently struggled with fundraising as it seeks to win control of Congress.

The reported donations came as Donald Trump announced on Tuesday he intended to spend a total of $400m to aid Republican candidates, with $300m already disbursed.

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