GOP megadonor Miriam Adelson is winning a medal. But are Republicans losing the political money war?
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GOP megadonor Miriam Adelson is winning a medal. But are Republicans losing the political money war?

Carrie Levine |
November 16, 2018

Conservatives at odds over whether they’re cultivating enough new donors


President Donald Trump will today present the nation’s highest civilian honor to Miriam Adelson,  one of the Republican Party’s pre-eminent megadonors.

Trump is hardly the first president to honor a political supporter, and the White House statement announcing Presidential Medal of Freedom winners praised Adelson as a “committed doctor, philanthropist, and humanitarian,” highlighting her support for medical research and Jewish causes.

But Adelson’s Presidential Medal of Freedom — which liberals are mocking as an award for the $113 million Adelson and her billionaire casino mogul husband, Sheldon Adelson, contributed to conservative candidates, super PACs and other political committees during the 2018 midterm elections — comes as some Republicans are  fretting about the party’s reliance on a handful of aging billionaires.

Several prominent Republican fundraisers and major donors  confirmed the GOP is both concerned about keeping current megadonors giving and cultivating a new crop of major bankrollers.

“There’s no next generation of financial leadership on the bench,” said one Republican strategist involved in raising large contributions, who requested anonymity in order to speak candidly.

Credit by - the Center for Public Integrity

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