• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Epstein-linked billionaire donor quietly propels Democrat in highly contested California race
Economy

Epstein-linked billionaire donor quietly propels Democrat in highly contested California race

by July 19, 2023
by July 19, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Billionaire LinkedIn co-founder Reid Hoffman, who helped rehab convicted pedophile Jeffrey Epstein’s image and visited his island, has assisted California Democrat Will Rollins’ candidacy, who is again trying to grab a congressional seat after a narrow loss during the 2022 elections. 

‘I think we built a really great foundation for flipping the seat in ’24, and I’m not masochistic enough to do it twice without knowing I can win,’ Rollins said while announcing his candidacy in May.

Hoffman will likely be an integral benefactor for his renewed attempts to oust Republican Rep. Ken Calvert in the Golden State’s 41st congressional district, which is shaping up to be a highly competitive race.

Hoffman has already thrown cash toward the former federal prosecutor’s candidacy this time around. According to new Federal Election Commission records, he sent the maximum $6,600 donation to Rollins’ campaign on June 14. The cash followed a $2,900 contribution he passed to his committee during the last election cycle, according to filings.

But the entrepreneur appears to have significantly boosted the California Democrat’s prior efforts by funneling money to an outside group called the Welcome PAC, which then spent large sums backing Rollins – a move Hoffman could replicate during the 2024 election.

Hoffman handed the Welcome PAC nearly $1.2 million throughout the 2022 election, or more than half the $2 million in total receipts, federal filings show. The Welcome PAC, in turn, poured $597,408 into independent expenditures backing Rollins’ candidacy. 

The Welcome PAC’s cash funneled into Rollins’ race accounted for roughly 76 percent of its independent expenditures throughout the 2022 elections.

Rollins lost the election by four percentage points, but national Democrats were ‘hearted’ by his overperformance in the district and believe he can pull off the upset, Politico reported. The publication noted Trump narrowly won the district in 2020, and Democrats are confident Biden will take it in 2024.

Hoffman, who has become a Democrat mega-donor in recent years and could again significantly boost Rollins, previously helped to repair Epstein’s image. It was also recently reported that he had gone to Epstein’s island years ago.

The Wall Street Journal reported that Hoffman visited Epstein’s private island, Little St. James, part of the U.S. Virgin Islands, on at least one occasion in 2014.

Hoffman and Epstein were planning to return to the island in November 2014 and then travel to Boston, according to the report. It’s unclear what the intent was for those planned trips, but the report also revealed Hoffman was planning to stay at Epstein’s luxury Manhattan townhouse in December 2014 after a late arrival in New York City.

Hoffman earned headlines last month after Biden attended a fundraiser he hosted on behalf of the super PAC at the private residence of Shannon Hunt-Scott and Kevin Scott in Los Gatos, California.

In May, Hoffman told The Journal it ‘gnaws at’ him that his association with Epstein ‘helped his reputation, and thus delayed justice for his survivors.’

‘My last interaction with Epstein was in 2015. Still, by agreeing to participate in any fundraising activity where Epstein was present, I helped to repair his reputation and perpetuate injustice,’ Hoffman said in 2019. ‘For this, I am deeply regretful.’

In the 2015 interaction, he invited Epstein to a Silicon Valley dinner with tech industry leaders.

In September of that year, Hoffman attended a state dinner hosted by then-Vice President Biden at the White House in honor of Chinese President Xi Jinping.

Fox News Digital has previously reported that Hoffman’s money also goes into nontraditional groups that aren’t mandated to report their funding and often operate in the shadows. He was forced to issue an apology in 2018 for funding a group that falsely tried to give the impression that the Russian government was supporting Alabama Republican Roy Moore in a 2017 special Senate election.

He also bankrolled the rape lawsuit brought by E. Jean Carroll against former President Donald Trump earlier this year.

‘While Trump’s legal team has characterized my support of Carroll’s lawsuit as ‘secret,’ I want to be clear that I’ve never taken any steps to hide the financial support that I have provided to this lawsuit after it started,’ Hoffman wrote in an online post. ‘Secondly, and more importantly, while media attention is focused on this specific story, let’s not forget the overall point: the rule of law and the ideal that our courts are a mechanism of justice for all citizens, not just those with enough money and power to rig the game in their favor.’

The Rollins campaign did not immediately respond to Fox News Digital’s request for comment.

Fox News’ Aaron Kliegman contributed reporting.

Joe Schoffstall is a politics producer/reporter for Fox News Digital. Story tips can be sent to Joe.Schoffstall@Fox.com and on Twitter: @joeschoffstall

This post appeared first on FOX NEWS
You Might Also Like
  • Top GOP senators slam Biden admin for ‘hidden’ plans on federal get-out-the-vote efforts
  • DeSantis says he is one of only three ‘credible’ 2024 options, chances for Trump ‘not great’: report
  • Iran-backed militia hits US forces at Iraq air base, injuring 8, prompting retaliation
  • How tensions in the Middle East could impact global shipping
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Ohio lawmaker indicted on domestic violence charge reportedly has no resignation plans
next post
Manhattan DA Bragg announces illegal pot shop crackdown; one store owner fined over $400K

You may also like

IG report finds Pentagon failed to account for more than...

January 12, 2024

Sen. Ted Cruz hails viral country singer Oliver Anthony’s new...

August 24, 2023

America’s at a Crossroads: Liberty or State Control? | Samuel...

December 19, 2022

House tees up vote to formalize Biden impeachment inquiry tonight

December 14, 2023

Trump lawyer calls for Special Counsel Jack Smith to be...

August 28, 2023

Biden’s doc not talking as White House spurns press corps...

July 11, 2024

Sens. Rick Scott, Elizabeth Warren propose to replace the Fed’s...

March 23, 2023

Rural hospitals struggle to maintain operations after COVID funds cease

November 19, 2023

Ohio abortion amendment is an attack on parental rights, pro-life...

July 6, 2023

Former Trump comms director tells his ‘redemption story’ in new...

December 9, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Don’t Overlook This Lagging Industry; I Believe It’s Set To Explode!

      July 6, 2025
    • Week Ahead: NIFTY Set To Stay In A Defined Range Unless These Levels Are Taken Out; Drags Support Higher

      July 5, 2025
    • Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

      July 4, 2025
    • From Oversold to Opportunity: Small Caps on the Move

      July 3, 2025
    • Money’s Not Leaving the Market — It’s Rotating!

      July 3, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,629 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,916 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,604 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,572 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,446 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,163)
    • Investing (538)
    • Stock (2,654)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Don’t Overlook This Lagging Industry; I Believe It’s Set To...

      July 6, 2025
    • Week Ahead: NIFTY Set To Stay In A Defined Range...

      July 5, 2025
    • Essence Fest leads a summer of events for Black entrepreneurs...

      July 4, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,163)
    • Investing (538)
    • Stock (2,654)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    House Republican dismisses ‘colorful conservatives’ upset...

    May 29, 2023

    South Dakota Gov. Noem breaks longstanding...

    January 28, 2023

    Top 5 moments during Trump-Biden debate...

    June 28, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here