Munger

Billionaire Tom Steyer drops $12 million to support Proposition 50

As California voters receive mail ballots for the November special election, which could upend the state’s congressional boundaries and determine control of the House, billionaire hedge-fund founder Tom Steyer said Thursday he will spend $12 million to back Democrats’ efforts to redraw districts to boost their party’s ranks in the legislative body.

The ballot measure was proposed by Gov. Gavin Newsom and other California Democrats after President Trump urged Texas leaders to redraw their congressional districts before next year’s midterm election. Buttressing GOP numbers in Congress could help Trump continue enacting his agenda during his final two years in office.

“We must stop Trump’s election-rigging power grab,” Steyer said in a statement. “The defining fight through Nov. 4 is passing Proposition 50. In order to compete and win, Democrats can’t keep playing by the same old rules. This is how we fight back, and stick it to Trump.”

Steyer’s announcement makes him the biggest funder of pro-Proposition 50 efforts, surpassing billionaire financier George Soros, who has contributed $10 million to the effort.

Steyer founded a hedge fund whose investments included massive fossil fuel projects, but after he learned of the environmental consequences of these financial decisions, he divested and has worked to fight climate change. Steyer has spent hundreds of millions of dollars supporting Democratic candidates and causes and more than $300 million on his unsuccessful 2020 presidential campaign.

Steyer plans to launch a scathing ad Thursday night that imagines Trump watching election returns on Nov. 4 and furiously throwing fast food at a television when he sees Proposition 50 succeeding.

“Why did you do this to Trump?” the president asks. The ad then shows a fictional TV anchor saying that the ballot measure’s success makes it more likely that Trump will be investigated for corruption and that the records of convicted sex trafficker Jeffrey Epstein will be released. “I hate California,” Trump responds.

The advertisement is scheduled to start airing Thursday night during “Jimmy Kimmel Live!” The late-night show was in the spotlight after it was briefly suspended by Walt Disney Co.-owned ABC last month under pressure from the Trump administration because of a comment Kimmel made about the slaying of conservative activist Charlie Kirk.

The esoteric process of redistricting typically occurs once every decade after the U.S. Census to account for population shifts. The maps, historically drawn in smoke-filled backrooms, protected incumbents and created bizarrely shaped districts, such as the “ribbon of shame” along the California coast.

In recent decades, good-government advocates have fought to create districts that are logical and geographically compact and do not disenfranchise minority voters. At the forefront of the effort, California voters passed a 2010 ballot measure to create an independent commission to draw the state’s congressional boundaries.

But this year, Trump and his allies urged leaders of GOP-led states to redraw their congressional districts to boost Republicans’ prospects in next year’s midterm election. The House is closely divided, and retaining Republican control is crucial to Trump’s ability to enact his agenda.

California Democrats, led by Newson, responded in kind. The state Legislature voted in August to call a special election in November to decide on redrawn districts that could give their party five more seats in the state’s 52-member congressional delegation, the largest in the nation.

Supporters of Proposition 50 have vastly outraised the committees opposing the measure. Steyer’s announcement came one day after Charles Munger Jr., the largest donor to the opposition, spoke out publicly for the first time about why he had contributed $32 million to the effort.

“I’m fighting for the ordinary voter to have an effective say in their own government,” Munger told reporters. “I don’t want Californians ignored by the national government because all the districts are fortresses for one party or the other.”

A longtime opponent of gerrymandering, the bow-tie-wearing Palo Alto physicist bankrolled the 2010 ballot measure that created the independent commission to draw California’s congressional districts.

Munger, the son of a billionaire who was the right-hand man of investor Warren Buffett, declined to comment about whether he planned to give additional funds.

“I neither confirm nor deny rumors that involve the tactics of the campaign,” Munger told reporters. “Talk to me after the election is over.”

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California special-election TV ads expected to launch Tuesday

Millions of dollars worth of political TV ads are expected to start airing Tuesday in an effort to sway Californians on a November ballot measure seeking to send more Democrats to Congress and counter President Trump and the GOP agenda, according to television airtime purchases.

The special-election ballot measure — Prop. 50 — will likely shape control of the U.S. House of Representatives and determine the fate of many of Trump’s far-right policies.

The opposition to the rare California mid-decade redistricting has booked more than $10 million of airtime for ads between Tuesday and Sept. 23 in media markets across the state, according to media buyers who are not affiliated with either campaign. Supporters of the effort have bought at least $2 million in ads starting on Tuesday, a number expected to grow exponentially as they are aggressively trying to secure time in coming weeks on broadcast and cable television.

“This early start is a bit stealthy on the part of the no side, but has been used as a ploy in past campaigns to try to show strength early and gain advantage by forcing the opposing side to play catch up,” said Sheri Sadler, a veteran Democratic political media operative who is not working for either campaign. “This promises to be an expensive campaign for a special election, especially starting so early.”

Millions of dollars have already flowed into the nascent campaigns sparring over the Nov. 4 special-election ballot measure that asks voters to set aside the congressional boundaries drawn in 2021 by California’s independent redistricting commission. The panel was created by the state’s voters in 2010 to stop gerrymandering and incumbent protection by both major political parties.

The campaign will be a sprint — glossy multi-page mailers arrived in Californians’ mailboxes before the state Legislature voted in late August to call the special election. Voters will begin receiving mail ballots in early October.

Redistricting, typically an esoteric process that takes place once a decade following the U.S. Census, is receiving an unusual level of attention because of partisan efforts to tilt control of Congress in next year’s midterm election. Republicans have a narrow edge in the U.S. House of Representatives, but the party that wins control of the White House often loses congressional seats in the following election.

Earlier this summer, Trump asked Texas Gov. Greg Abbott to redraw his state’s congressional districts to add five GOP members to the House, setting off a redistricting arms race across the nation. California Gov. Gavin Newsom launched a campaign to redraw the state’s congressional districts in an effort to boost the number of Democrats in Congress, negating the Texas gains for Republicans, but it must be approved by voters.

The coalition opposing the effort is an intriguing mix: former Republican Gov. Arnold Schwarzenegger, wealthy Republican donor Charles Munger Jr., former GOP House Speaker Kevin McCarthy of Bakersfield, Assemblyman Alex Lee (D-San Jose), the chair of the Legislative Progressive Caucus, and Gloria Chun Hoo, president of the League of Women Voters of California.

Many partisans — in both political parties — opposed independent redistricting when it was championed by Schwarzenegger and Munger in 2010.

Jessica Millan Patterson, the former state GOP chairwoman who is leading McCarthy’s effort to oppose new congressional boundaries, demurred when asked about the dissonance. Voters, she said, made their choice clear at the ballot box about their preference to have an independent commission draw congressional districts rather than Sacramento politicians.

“The people of California have spoken,” she said, adding that most voters agree that an independent commission is preferable to partisan politicians drawing districts.

The “Stop Sacramento’s Power Grab” committee that Patterson leads plans to focus on conservative and right-of-center voters, and will be well-funded, she said.

McCarthy was a prodigious fundraiser while in Congress and his long-time friend, major GOP fundraiser Jeff Miller, is raising money to oppose the ballot measure.

Schwarzenegger is not part of the McCarthy effort, instead backing the good-government message of the Munger team. Patterson argues that anything the former governor does only brings more attention to their shared goal, even if he isn’t part of their effort.

“Gov. Schwarzenegger is Gov. Schwarzenegger,” Patterson said, pointing to an X post of the global celebrity wearing a T-shirt that said “Terminate Gerrymandering” while working out on Aug. 15. “He is a celebrity, a box-office guy. He’s going to make sure reasonable people know that we don’t want to put this power back in Sacramento. He will bring the glitz and glamour, like he always does.”

Schwarzenegger has long championed political reform. During his final year as governor, he prioritized the ballot measure that created independent congressional redistricting. Since leaving office, he made good governance a priority at his institute at the University of Southern California and campaigned for independent redistricting across the nation.

“Here are some of the things that are more popular than Congress: hemorrhoids, Nickelback, traffic jams, cockroaches, root canals, colonoscopies, herpes,” Schwarzenegger said in a 2017 Facebook video. “Even herpes, they couldn’t beat herpes in the polls.”

The former governor is reportedly backing the effort by Munger, the son of a billionaire, who bankrolled the ballot measure that created independent congressional redistricting in 2010. Munger has donated more than $10 million to an effort opposing the November ballot measure; the organization he funded has booked more than $10 million in television spots through Sept. 23.

“These ads are the start of our campaign’s effort to communicate directly with voters about the dangers of allowing politicians to choose their voters and abandoning our gold standard citizen-led redistricting process,” said Amy Thoma, a spokesperson for the Munger-backed Voters First Coalition.

Supporters of the effort to redraw the districts argued that Republicans are trying to cement GOP control of the nation’s policies.

“Trump cronies … are spending big to defeat [Prop.] 50 and help Trump rig the 2026 election before a single person [has] voted,” said Hannah Milgrom, a spokesperson for the campaign. “They are spending big — and early — to trick California voters into allowing Trump to keep total control over the federal government for two more years.“

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Millions of dollars flow into redistricting battle on November ballot

Millions of dollars began flowing into campaigns supporting and opposing an effort to redraw California’s congressional districts on the November ballot, notably $10 million from independent redistricting champion Charles Munger Jr.

The checks, reported Friday in state campaign finance disclosures, were made on Thursday, the day the state Legislature and Gov. Gavin Newsom called a special election to replace the congressional districts drawn by an independent commission in 2021 with new districts that would boost the number of Democrats elected to Congress in next year’s midterm election.

The move is an effort by California Democrats to counter Texas Republicans’ and President Trump’s efforts to boost the number of GOP members.

Munger, a GOP donor and the son of a billionaire who was Warren Buffett’s right-hand man, bankrolled the 2010 ballot measure that created independent congressional redistricting in California. He donated $10 million to the “No on Prop. 50 – Protect Voters First” campaign,” which opposes the proposed redistricting.

“Charles Munger Jr. is making good on his promise to defend the reforms he passed,” said Amy Thoma, a spokesperson for the Voters First Coalition, which opposes the ballot measure and includes Munger.

A spokesperson for the campaign supporting the redrawing of congressional boundaries accused Munger of trying to boost the GOP under the guise of supporting independent redistricting.

“It’s no surprise that a billionaire who has given extensively to help Republicans take the house and [former Republican House Speaker] Kevin McCarthy would be joining forces to help Donald Trump steal five House seats and rig the 2026 midterm before a single American has voted,” said Hannah Milgrom, spokesperson for “Yes on 50: the Election Rigging Response Act.” “Prop 50 is America’s best chance to fight back – vote yes on November. 4.”

The campaign backing the ballot measure received $1 million on Thursday from a powerful labor group, SEIU’s state council; $300,000 from businessman Andrew Hauptman; and a flurry of other donations, according to the California secretary of state’s office. That is on top of the $5.8 million the campaign reported having in the bank as of July 30, including millions of dollars in contributions from House Majority PAC, which is focused on electing Democrats to Congress, and Newsom’s 2022 gubernatorial reelection campaign.

Redistricting typically happens once a decade after the U.S. census. Trump asked Texas lawmakers to redraw their congressional districts earlier this year, arguing that the GOP was entitled to five more members from the state. In response, California Democrats have pitched new district boundaries that could result in five more Democrats being elected to Congress.

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