Wednesday, December 8, 2021
44.5 F
Fort Worth

Couple’s $1M gift to Texas governor follows national trend

🕐 1 min read

AUSTIN, Texas (AP) — A west Texas cattle rancher and his wife have donated $1 million to Gov. Greg Abbott, following a trend of seven-figure political donations across the U.S.

The Houston Chronicle reports that Mike and Mary Porter made the donation in June.

Michael Malbin is the executive director of the Washington-based Campaign Finance Institute. He says politicians are becoming accustomed to asking for and receiving million-dollar contributions.

The National Institute on Money in State Politics analyzed the 2016 election cycle’s campaign finance records. It found there were nearly 50 contributions of $1 million in eight states. Illinois had the most with $32 million donated in multiple seven-figure chunks.

Some political scientists and campaign consultants say the U.S. Supreme Court’s 2010 decision to allow donors to give candidates millions of dollars through super PACs may be contributing to the trend.

Related Articles

Our Digital Sponsors

Latest Articles

Fort Worth Business Press Logo
This advertisement will close in
00
Months
00
Days
00
Hours
00
Minutes
00
Seconds
seconds..
Click here to continue to Fort Worth Business Press

Not ready to subscribe?

Try a few articles on us.

Enter your email address and we will give you access to three articles a month, to give us a try. You also get an opportunity to receive our newsletter with stories of the day.

This field is for validation purposes and should be left unchanged.

Get our email updates

Stay up-to-date with the issues, companies and people that matter most to business in the Fort Worth.

  • Restaurants
  • Technology
  • and more!

FWBP Morning Brief

FWBP 5@5

Weekend Newsletter

  • Banking & Finance
  • Culture
  • Real Estate