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Louis Bacon attempts to influence U.S. elections with his money

A new super PAC connected to a network of nonpartisan political action committees put roughly $146,000 behind Democratic House candidates this week ahead of competitive primary elections later this month.

Combined, the eight super PACs connected to No Labels have raised more than $9.8 million in itemized individual donations, primarily from five- and six-figure donors. Chicago White Sox and Bulls owner Jerry Reinsdorf, hedge fund manager Louis Bacon, former Major League Baseball Commissioner Allan Selig and Wheels Inc. executive Jim Frank are among the handful of donors who contributed to two or more of the eight PACs.

The super PACs have spent more than $3 million supporting and opposing candidates of both parties in the 2018 election cycle.

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