Billionaire investor and top Republican donor, Ken Langone maxed out his contribution to Democratic senator Joe Manchin (W.Va) after he announced his opposition to President Joe Biden’s $1.75 trillion Build Back Better Act.
Both Langone and his wife each contributed $5,000 to Manchin’s Country Roads leadership PAC on Dec. 31st, according to Federal Elections Commission filing reviewed by CNBC. Five grand is the most an individual is allowed to donate to this type of PAC in one year.
It was the first time Langone ever donated to Manchin, and he’s not done. He plans to host a massive fundraising event for Manchin who is up for reelection in 2024.
“Thank God for Joe Manchin,” Langone told CNBC in November. “I’m going to have one of the biggest fundraisers I’ve ever had for him. He’s special. He’s precious. He’s a great American.”
Manchin’s PAC raised over $150,000 in December and increase from the $110,000 raised in November.