Although fundraiser Tony Russo says in an interview transcript released Thursday that he met with a consultant for the Koch brothers to help plan the campaign and that donors "liked the Koch model" of influencing elections through issue advocacy, Koch Companies Public Sector, which is owned by the Koch brothers, denied involvement in the Proposition 32 campaign in a statement."We did not support, either directly or indirectly, this ballot initiative, which would have restricted public and private sector employees' rights to contribute to candidates," the statement said.
Calif., PACs Reach $1M Campaign-finance Settlement
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts