An explosive report from The New York Times this week outlines how a Swiss billionaire has become a top player in influencing U.S. politics in a manner that helps Democrat politicians win elections even though it is not clear whether the individual is a U.S. citizen.
The report said that Swiss billionaire Hansjörg Wyss has donated massive amounts of money “though a daisy chain of opaque organizations that mask the ultimate recipients of his money.”
“Newly obtained tax filings show that Mr. Wyss’s foundations donated $208 million from 2016 through early last year to three nonprofit funds that doled out money to a wide array of groups that backed progressive causes and helped Democrats in their efforts to win the White House and control of Congress last year,” the report said. “Mr. Wyss’s representatives say his foundations’ money is not being spent on political campaigning. But documents and interviews show that his foundations have come to play a prominent role in