Episode Details

Billionaires are pouring nearly $9.8 million into Maine’s Senate race to back Republican incumbent Susan Collins — a third of her campaign’s total — while her Democratic opponent Graham Platner has received just $24,000 from five billionaires. Collins’ network, including a super PAC called Pine Tree Results, is running aggressive attack ads and leveraging coordinated fundraising, a new strategy enabled by recent FEC rules. Platner, relying on small-dollar donations and a grassroots approach, has no super PAC or joint fundraising agreements — though outside money may soon flow his way. This race, pivotal for Senate control, underscores a national trend: billionaires are reshaping election finance.

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