Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
February 6, 2016

Two New York Billionaires Each Give $250K to Pro-Cochran Super PAC

Two New York billionaires have each sent a $250,000 contribution to a Mississippi super PAC supporting Sen. Thad Cochran.

Former New York City Mayor Michael Bloomberg, the billionaire owner of Bloomberg LP, and Sean Parker, co-founder of Napster, have each contributed $250,000 to Mississippi Conservatives, a super PAC supporting the Mississippi senator in his Republican primary runoff.

The Mississippi Conservatives reported receipts of $1,280,000 and disbursements of $1,358,225 for the period May 15 through June 4, leaving $54,375 cash on hand as of June 4.

The major donors included Michael Bloomberg (executive, Bloomberg Inc.) $250,000; Sean Parker (entrepreneur, NY) $250,000; John Nau (president and CEO, Silver Eagle Distributors LP, TX) $100,000; and Joe Sanderson (chairman and CEO, Sanderson Farms, MS) $100,000; among others.

The super PAC also received: $160,000 from American Crossroads (DC); $100,000 from Main Street Advocacy (DC); $50,000 from Bluegrass Committee (DC), the leadership PAC of Sen. Mitch McConnell, R-Ky.; and $50,000 from Texans for a Conservative Majority (TX); among others.

During the period the super PAC spent $999,259 on independent expenditures against Christopher McDaniel, R-Miss., and $71,467 on independent expenditures supporting Sen. Thad Cochran, R-Miss.

On May 30, the Super PAC also made a $220,150 loan payoff to Trustmark Bank (MS). The Super PAC still has not disclosed the owner of a $250,000 certificate of deposit used to obtain the loan.

View earlier posting, “Money Disclosed in Super PACs, Except One.”

To search detailed money-in-politics databases, visit Political MoneyLine.

  • Scot D. Baker

    I hope this invigorates the common folk to not let some Yankee carpet baggers steal the election.

  • opinionated1234

    Really Scot, who are you speaking of? Hally Barbour is running this show! Mc Daniel was born in MS! Get your facts straight! You want this 76 year old man to actually run for another 6 years? He can barely remember who he is! They have to make sure his speeches only last 2 minutes, then he is pulled off the stage because he starts talking about abusing animals!

  • Hugh Jass

    Since progress depends upon discovery of the previously unknown, all we can truly understand about it are the principles which enable it.

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