Trump and Bloomberg ramp up midterm spending
US President Donald Trump announced plans to spend over $400 million on Republican campaigns, while Michael Bloomberg committed $80 million to support Democrats. The financial push comes as both parties vie for control of Congress in the November elections.
Insights:
Donald Trump announced on Tuesday that he will spend over $400 million on Republican campaigns in the United States, while Michael Bloomberg directed $80 million to Democrats. The spending surges ahead of the November 3 midterm congressional elections.
