In This Week's Issue
For Immediate Release: March 20, 2017 IN THIS WEEK’S ISSUE How Robert Mercer, a Reclusive Hedge-Fund Tycoon, Exploited America’s Populist Insurgency In the March 27, 2017, issue of The New Yorker, in “Trump’s Money Man” (p. 34), Jane Mayer profiles Robert Mercer, a reclusive Long Is- land billionaire and hedge-fund manager, and his daughter Rebekah, who exploited America’s populist insurgency to become a major force behind the Trump Presidency. Stephen Bannon, the President’s top strategist, told Mayer, “The Mercers laid the groundwork for the Trump revolution. Irrefutably, when you look at donors during the past four years, they have had the single biggest impact of anybody.” In the 2016 campaign, Mercer gave $22.5 million in disclosed donations to Republican candidates and to political-action committees. He also funded a rash of political projects and operatives. His influence was visible last month, in North Charleston, South Carolina, when Trump conferred privately with Patrick Caddell, a pollster who has worked for Mercer. Following their discussion, Trump issued a tweet calling the news media “the enemy of the American people.” Mayer writes, “The President is known for tweeting impulsively, but in this case his words weren’t spontaneous: they clearly echoed the thinking of Caddell, Bannon, and Mercer.” In 2012, Caddell had given a speech in which he called the media “the enemy of the American people.” That declaration was promoted by Breitbart News, a platform for the pro-Trump “alt-right,” of which Bannon was the executive chairman, before joining the Trump Administration. One of the main stake- holders in Breitbart News is Mercer.
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