Billionaire Koch Network Considers Halt on Donations to Republicans
14 Jan 2021
The billion-dollar GOP mega-donor Koch network, headed by billionaire Charles Koch, is threatening to cut off donations to Republicans who objected to the electoral college results of the 2020 presidential election.
In a statement to Politico, CEO of the Kochs’ Americans for Prosperity Emily Seidel suggested that the group’s super PAC will “weigh heavy” who they will provide campaign cash to in the next election cycles following a riot that took place at the United States Capitol by protestors who opposed the presidential electoral college results.
Specifically, Seidel hinted that the Koch network would not donate to Republican lawmakers such as Sens. Josh Hawley (R-MO), Ted Cruz (R-TX), John Kennedy (R-LA), and Reps. Marjorie Taylor Greene (R-GA), Paul Gosar (R-AZ), and Scott Perry (R-PA) because they objected to the electoral college results.
AHIP protests repeal of antitrust exemptions for health insurers Consumer Reports hails passage as being good for providers who feel pressured into contract terms that benefit insurers.
, Managing Editor
The Senate on Tuesday voted to amend the McCarran-Ferguson Act, a move that, if signed into law by President Trump as expected, would restore antitrust laws to the business of health insurance.
The House passed the Competitive Health Insurance Reform Act on September 21.
The McCarran–Ferguson Act currently exempts the business of health insurance from federal antitrust and competition laws and leaves regulation under state control.
The reform of the McCarran-Ferguson Act of 1945 would ensure that health insurers are subject to the same federal antitrust laws as other industries, according to proponents.