U.S. President Donald Trump appears to be in trouble. With his election odds looking slim and money running out, Casino magnate Sheldon Adelson is coming to the rescue, pumping $75 million into a pro-Trump super PAC.
The recipient of the funds is the Preserve America PAC, receiving the funds between August and September. The group only launched in late August, and is only a small fish when compared with the Biden super PAC, Priorities USA Action.
Casino magnate Sheldon Adelson and his wife, Miriam, pumped $75 million into a pro-Trump super PAC in the final stretch of the presidential campaign, providing a late cash infusion for President Trump’s faltering reelection effort as his Democratic rival, Joe Biden, raked in record-breaking sums.
Adelson, who is CEO of Las Vegas Sands, was reported berated by Trump in August for not doing enough to help the campaign. Trump’s been kind to the Adelson family, presenting Miriam Adelson with the Presidential Medal of Honor in 2018.