Manchin added a bill rider in July supporting the fossil fuel industry’s position on a major “clean hydrogen” tax credit after his longtime confidante Larry Puccio was hired to lobby by a gas company seeking the benefits.
Billionaire Harlan Crow gave $5,000 in June to a super PAC backing the No Labels 2024 presidential plan, one of more than a dozen real estate executives giving to the limitless spending group.
Billionaire investor Howard Marks and private equity executives with firms like Bain Capital and Neuberger Berman made earmarked donations through a No Labels PAC this year.
Two more board members, with No Labels since 2009 and 2011, have been dropped from its roster as the dark money group readies a third-party presidential ticket.
A new disclosure revealing a fraction of No Labels' donors shows the group has been fundraising from corporate executives, many of whom sit atop private equity firms.
The group has been hiring Republican fundraisers, campaigners, and policy advisers as it works to advance a presidential ticket that many believe would pull votes from President Biden.
The dark money group has spent millions of dollars preparing for a possible ticket with Sen. Joe Manchin as its presidential nominee in the event of a Biden-Trump rematch.