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The Financial Times: The Wealthy Working to Shore Up the US's Democratic Systems
Jul
09
2024

The Financial Times: The Wealthy Working to Shore Up the US's Democratic Systems

“There’s only one way to keep Donald Trump out of the Oval Office: At the ballot box,” wrote President Joe Biden on May 30, the day a Manhattan court found Trump guilty of falsifying business records to conceal hush money payments to a porn star, before the 2016 election. The verdict made him the first former US president and presidential candidate with a criminal conviction.

But, while Biden may hope his words rally voters, some believe the ballot box itself is under threat — a fear that is prompting wealthy individuals, foundations and impact investors to plough funds into organisations working to shore up the US’s democratic systems.

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