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The Billionaire Couple Quietly Spending Millions To "Reinvent" The Democrat Party

Tyler Durden
Oct 21, 2026 at 00:05
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The Billionaire Couple Quietly Spending Millions To "Reinvent" The Democrat Party

The Billionaire Couple Quietly Spending Millions To "Reinvent" The Democrat Party A billionaire hedge fund couple is dumping millions into a high-stakes effort to push the Democratic Party away from its increasingly radical left flank and challenge its entrenched leadership. Steve and Sue Mandel, wealthy Democrat donors from Greenwich, Connecticut, have committed at least $20 million to a network of political groups aimed at elevating more moderate candidates, according to a new report from The Wall Street Journal. Hedge-fund billionaires Sue and Steve Mandel. (via WSJ)Their operation includes at least three organizations designed to confront the party's existing power structure and potentially reshape Democratic politics...

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