The new ad blitz will target “voters in the key early primary and caucus states Iowa, South Carolina, New Hampshire and Nevada” and comes as the group said earlier this year it would oppose Trump in the GOP primary. Americans for Prosperity Action dropped nearly $70 million in last year’s midterms, and has already clocked more than $300,000 in independent expenditures opposing Trump and Biden. One of the spots from the Americans for Prosperity Action super PAC “has a voiceover saying, ‘The only way Biden wins is if we nominate Trump again.’ Another ad, called ‘No Thanks,’ says, ‘Trump can’t win’ and ‘we need new leadership.’” KOCHS TAKE ON TRUMP: “The political network financed largely by billionaire Charles Koch is launching a wave of digital ads targeting former President Donald Trump,” CNBC’s Brian Schwartz reports, with the network arguing that a Trump victory in the Republican presidential primary would hand the White House back to President Joe Biden. Don’t miss out on Power Switch, your guide to the politics of energy transformation in America and around the world. Power Switch is a daily newsletter that unlocks the most important stories driving the energy sector and the political forces shaping critical decisions about your energy future, from production to storage, distribution to consumption. And be sure to follow me on Twitter: TO POWER SWITCH: The energy landscape is profoundly transforming. “We are confident that once Congress learns more about how the PGA TOUR will control this new venture, they will understand the opportunities this will create for our players, our communities and our sport, all while protecting an American golf institution,” the PGA Tour said in a statement to POLITICO. Richard Blumenthal (D-Conn.), the chair of a Homeland Security investigative subcommittee, announcing a new inquiry into the deal on Monday - to say nothing of the antitrust scrutiny the deal is sure to face from the Biden administration. Still, the letter appears not to have assuaged all concerns about the forthcoming union, with Sen. Though Yasir bin Othman Al-Rumayyan, PIF’s governor, will serve as the chair of the new entity, Monahan maintained that PIF “will be a minority investor in the new commercial entity, while the PGA TOUR will be the majority equity investor.” He compared the arrangement to that of other American companies in which PIF has invested. The PGA Tour, he said, “will at all times hold the majority of the Board seats and be in control of this new entity, regardless of the size of PIF’s investment.” “Let me be clear that despite numerous reports, this arrangement is not a merger between the PGA TOUR, LIV Golf, and the PIF,” Monahan wrote. Monahan attempted to tamp down that bipartisan fury by framing the deal as a necessary business decision while downplaying Saudi financiers’ involvement with day-to-day management of the new entity and conceding his role in advancing allegations of Saudi “sportswashing.” The letter, dated June 9, was a volley of sorts in an increasingly pique war of words between the PGA and a group of lawmakers on the Hill, who have criticized the tour and Monahan specifically for going back on his criticism of the Saudis. This left the very real prospect of another decade of expensive and distracting litigation and the PGA TOUR’s long-term existence under threat.” “While we are grateful for the written declarations of support we received from certain members, we were largely left on our own to fend off the attacks, ostensibly due to the United States’ complex geopolitical alliance with the Kingdom of Saudi Arabia. “During this intense battle, we met with several Members of Congress and policy experts to discuss the PIF’s attempt to take over the game of golf in the United States, and suggested ways that Congress could support us in these efforts,” Monahan told senators in a letter obtained by POLITICO, referring to the Saudi sovereign wealth fund, the Public Investment Fund. WHAT MONAHAN’S TELLING THE HILL: PGA Tour Commissioner Jay Monahan defended the decision to join forces with the Saudi-backed rival league LIV Golf in a letter to Congress, saying inaction from lawmakers left him little other choice, Hailey Fuchs and I report.
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