Bloomberg/Getty Images
Elon Musk is forking over generational wealth to Republicans facing tough midterm elections this cycle.
Over two donations in September, Musk gave a combined $158 million to the Senate Leadership Fund, a super PAC aligned with Senate Republicans, which has, in turn, given reams of cash to funds supporting the Republican candidate in Texas.
The money, shown in new federal disclosure forms, cements Musk as a major player in Republican politics over a year after he publicly split with President Donald Trump over the latter's handling of the Epstein files (though the two have since reconciled).
Republicans are facing serious headwinds over the Iran war, rising inflation, and sky-high gas prices. Polls show that American voters are largely dissatisfied with Trump's leadership and handling of the economy.
All told, Musk has given about $276 million since July. Much of Musk's political donations have ended up in Texas, according to federal disclosure forms, where embattled Attorney General Ken Paxton is engaged in a mudslinging battle for the Senate with state representative James Talarico.
One day after Musk notched a $75 million donation to the Senate Leadership Fund, the Super PAC gave a $75 million donation to the Texas PAC, a group aligned with Paxton.
Then, also in September, another $83 million donation by Musk was matched the next day by an identical donation to the Texas PAC, according to federal disclosure forms.
Talarico's campaign, meanwhile, has raised about $129 million.
Musk's companies are already investing billions in the Lone Star State, as the business magnate builds SpaceX's terafab semiconductor facility outside Houston.
In 2024, Musk announced that he was moving SpaceX's headquarters from California to Texas in response to Gov. Gavin Newsom's policies on gender identity.
Representatives for Paxton and Musk did not immediately respond to requests for comment on Saturday.
Musk, the CEO of SpaceX and Tesla, said last year that he had probably "done enough" political spending, though he left the door open.
"Well, if I see a reason to do political spending in the future, I'll do it. I don't currently see a reason," he told Bloomberg at the time.
Ukrainian president warns it will embolden Russian leader and intensify war as Moscow hits country’s power plants
Volodymyr Zelenskyy has described Donald Trump’s decision to roll back sanctions on Russia as a “reward” for Vladimir Putin and warned it will embolden the Russian leader and intensify the Kremlin’s war, as Moscow launched one of its worst strikes yet on Ukraine’s power plants in an attempt to black out the country’s cities before winter.
The Ukrainian president also said he expected the Trump administration to lift more sanctions against Russia in the future and called for Europe to establish its own negotiations with Moscow as the US has sought better ties and business deals with the Kremlin.
Continue reading...
© Photograph: Kateryna Klochko/AP
© Photograph: Kateryna Klochko/AP
© Photograph: Kateryna Klochko/AP
We went aboard a cruise ship navigating some of the world's most dangerous waters. In the Arctic, drifting icebergs, sea ice, sudden storms and fierce winds make sailing unpredictable. Yet every year, around 100,000 cruise passengers travel to Greenland to explore its remote coastline and experience one of the world's last great wildernesses.
US President Donald Trump has suspended the tariffs and sanctions on the biggest buyers of Russian oil set by the Lindsey Graham Act, the law he signed himself in September. He says the move serves US national interests, according to an executive order published on the White House site.
The act required the president, within 30 days, to impose 100% tariffs on all goods from the five biggest buyers of Russian oil, to sanction a range of Russian entities and to put 500% tariffs on all Russian energy imports to the US. The deadline for those measures fell on 18 October.
Trump has used the president’s power under Section 115 of the Graham Act, which allows him to waive sanctions, restrictions, and duties by certifying to Congress in writing that doing so serves US national interests and submitting a report explaining why. The act does not, however, allow him to cancel sanctions that have already been announced.
The two capitals read the same order in opposite ways. Kirill Dmitriev, an envoy for Russian leader Vladimir Putin, called it “an important and truly historic moment” on X, claiming the sanctions had mainly harmed the US economy and world markets.
“Economic cooperation between Russia and the US serves the interests of both nations, contributes to global economic stability and lays the foundation for building trust and achieving lasting peace,” Dmitriev writes.
President Volodymyr Zelenskyy answered from under fire. Russia struck Ukraine’s energy system on 17 October, and at that very moment Washington chose “to completely ignore the Lindsey Graham law, which was supposed to impose real, effective pressure on Russia to end this war,” he says.
The waiver lands amid a bipartisan revolt in Congress. Seven Republican and Democratic senators had already warned on 11 October that Trump’s move to allow Russian diesel imports had broken the law Congress passed after the full-scale invasion, urging the administration to reverse it so US money would not help finance Russia’s war.
Meanwhile, Zelenskyy argued the law can still work if Washington lets it.
“This law could, and still can, help a great deal. But the law has actually to work, and every vote for it matters,” he said, warning that the step only pushes Moscow to strike harder.
The world must not give up ground and must try to end the war, Zelenskyy added.
“To end it, and not give Putin every reason to continue it indefinitely,” he stressed, thanking everyone who “is truly fighting for peace and helping Ukraine," he stated.
The Ukrainian opposition also commented on Trump’s decision. Iryna Herashchenko, co-chair of the European Solidarity parliamentary faction, said that “the most cynical and stupid decisions are usually made by rulers on Saturday night,” when public attention is scattered, and people are preparing for the weekend.
“Rehabilitating Putin harms not only Ukraine but also the US itself, strengthens the axis of authoritarian regimes, and undermines international security,” she claimed.
The decision affects a law named after the late Republican senator Lindsey Graham of South Carolina, which seeks to toughen sanctions against the Russian economy and limit the flow of financial resources.
Trump had enacted that legislation on September 18 but has now temporarily exempted the application of several of its provisions, according to the order.
RELATED: White House Press Secretary Zacharia Resigns After 5 Days in the Job
The order exempts sanctions against persons and entities linked to the Russian government; financial and trade restrictions and tariffs planned for Russian products, and those from certain countries that buy Russian hydrocarbons, according to the order.
The decision does not eliminate the sanctions the United States had already imposed on Russia through previous executive orders.
The exemptions from the new law will remain in force until Trump or the Secretary of State, in consultation with the Secretary of the Treasury and the U.S. Trade Representative,
BIG: Trump waived sanctions targeting Russian fossil fuel sales just days before they were due to take effect.
— Clash Report (@clashreport) October 17, 2026
The measures would have imposed tariffs of up to 100% on goods from major importers of Russian oil and gas.
Russian officials welcomed the waiver, while U.S. lawmakers… pic.twitter.com/j5DGn28Ml8
The decision comes after Washington temporarily authorized commercial operations with Russian-origin diesel until April 7, 2027, including its import into the United States, despite the sanctions in force against Moscow.
Trump announced on October 9 that he had agreed with his Russian counterpart, Vladimir Putin, on the supply of diesel to international markets, with the aim of easing energy and fuel prices.
The Republican president said Russia would initially deliver more than 300,000 tons of fuel and would later supply additional quantities, conditioned in part on the state of its refineries, he said.
The agreement has drawn criticism from lawmakers of both parties, who question its possible effects on economic pressure against Moscow and its compatibility with U.S. legislation, according to the critics.
Detractors warn that revenue from the sale of Russian fuel could help finance the war against Ukraine, while the Administration defends the need to contain energy costs, according to the critics and the Administration.
President Donald Trump has suspended the implementation of sweeping American sanctions against Russia, using presidential waiver powers to prevent penalties approved by Congress from taking effect just weeks after he signed them into law.
The executive order issued by the White House on Friday, 16 October, suspends tariffs of up to 500 per cent on Russian imports, alongside penalties targeting major purchasers of Russian oil and gas. It also waives numerous financial and commercial restrictions intended to reduce Moscow’s ability to finance its war against Ukraine.
The decision comes two days before the 18 October deadline for implementing key provisions of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which Trump signed on 18 September. The legislation was named after the late Republican senator Lindsey Graham, who had championed tougher economic measures against Russia.
The presidential order formally establishes the tariff increases required by the legislation while simultaneously suspending their application.
Under the law, Russian imports into the United States would face additional duties of 500 per cent. A separate provision would impose 100 per cent tariffs on goods imported from the five largest purchasers of Russian crude oil and natural gas if those countries knowingly made new purchases from 18 October, subject to specified conditions and exemptions.
Another provision targets countries identified as leading facilitators of Russian oil sanctions evasion, potentially exposing their exports to similar American penalties.
Trump invoked Section 115 of the legislation, which permits the president to waive sanctions and tariffs after certifying to Congress that doing so serves the national interests of the United States.
The order confirms that the certification and an accompanying explanatory report have been submitted to Congress. However, the publicly released document provides no detailed justification for suspending the measures.
The waivers will remain in effect until the president or designated senior officials decide that further action is appropriate. Existing sanctions imposed under earlier executive orders are explicitly preserved, meaning the decision does not remove all American restrictions against Russia.
Nevertheless, the order prevents the new legislation’s principal economic penalties from operating at a time when Congress had sought to intensify pressure on Moscow.
The suspension follows Trump’s agreement with Putin to facilitate renewed Russian diesel exports, announced on 9 October as part of an effort to reduce international fuel prices.
As EU Today previously reported, the agreement envisages an immediate release of more than 300,000 tonnes of Russian diesel, followed by additional shipments in November and subsequent months. Washington also authorised certain transactions involving Russian diesel until April 2027.
The arrangement has raised questions about the relationship between the administration’s energy policy and sanctions intended to constrain Russia’s war economy.
Diesel prices have become an increasingly important domestic political issue ahead of the American congressional elections on 3 November. The war involving Iran and disruptions to international energy supplies have contributed to exceptionally high fuel costs, creating additional pressure on the administration.
The White House hopes additional Russian supplies will relieve pressure on international markets. However, energy analysts have questioned whether the quantities involved will materially affect American prices, particularly before the elections.
The latest waiver also removes the immediate threat of punitive tariffs against major Russian energy customers, including China and India, which had objected to the proposed measures.
The decision is likely to intensify opposition within Congress, where the sanctions legislation attracted substantial bipartisan support.
Earlier this week, 12 senators, including six Republicans, called on Trump to reverse his diesel agreement, arguing that allowing Russian fuel back onto international markets would provide Moscow with additional revenue for its military operations.
Democratic Senator Richard Blumenthal, who helped develop the sanctions legislation, criticised the diesel arrangement as contrary to Congress’s intention to strengthen economic pressure on Russia.
The decision also exposes a widening divergence between Washington and Brussels.
At the European Council meeting on Friday, European Commission President Ursula von der Leyen and European Council President António Costa reaffirmed that EU sanctions against Russia would remain in place until Moscow ended its war against Ukraine.
Costa declared that the present circumstances required increased pressure on Moscow rather than a relaxation of existing restrictions. The European Union is also preparing a 22nd sanctions package while considering additional financial support for Kyiv.
For Ukraine, the decision means that Russia will continue to benefit from energy exports and the international trade that helps finance its war. Instead of tightening restrictions on these revenues, Washington has suspended measures specifically intended to cut them.
The timing is particularly significant. While Trump is pressing Kyiv to halt attacks on Russian oil refineries and other energy facilities, Moscow continues its strikes against Ukrainian cities and civilian infrastructure. Zelenskyy has argued that Ukraine cannot be expected to stop targeting Russia’s energy sector while Russian attacks on Ukrainian infrastructure continue.
Although Trump can reinstate the sanctions, his decision removes the immediate threat of additional penalties against Russia and its principal energy customers. It also places Washington increasingly at odds with its European allies. Brussels remains committed to maintaining and expanding sanctions against Moscow, while the White House is now giving priority to reducing American fuel prices, even if that means easing economic pressure on Russia.
There is still over an hour before the protagonist appears, but the line already wraps around the block. Dozens of people wait patiently for their turn to see the man who has become the great hope of the Democratic left wing. When he begins to speak, pandemonium breaks out: “My name is Abdul El‑Sayed and I am going to be your next senator in Washington.” Over the next hour, the hundreds gathered in this venue will applaud, laugh, and cheer every word from the mouth of the new star of American politics, who has already made a fitted black T‑shirt and jeans his trademark look. We are in Lansing, Michigan’s capital, where one of the most gripping battles of the midterm elections — just over two weeks away — is being fought.
© Paul Sancya (AP Photo/Paul Sancya)
On November 3, voters will head to the polls for the midterm elections, which will determine whether Donald Trump’s Republicans retain a friendly Congress or whether Democrats take control of one or both chambers, enabling them to mount a more aggressive opposition by blocking legislation, budgets and appointments during the final two years of his term.
Zacharia’s departure came barely a week after she was named to the post, succeeding Karoline Leavitt, and after a heavily questioned first press briefing before the media.
RELATED: Trump’s Attack on Mail-In Voting Seeks to Create an Advantage for Republicans
The crisis was directly linked to doubts about her legal training. After initially announcing her and publicly describing her as a lawyer, questions arose over the past week as to whether she had actually passed the bar exam to practice as such, despite being a graduate of Pepperdine University’s law school in California.
Definitive confirmation of the suspicions came last Thursday, when Zacharia admitted in an interview with Fox News that she had not passed the bar exam. The revelation intensified media criticism and opened an intense debate about vetting and background-check processes at the White House.
Facing the media siege, Trump chose to intervene publicly Friday morning. Leaving the White House, Trump told reporters that he had directly advised Zacharia to reconsider remaining in the job given the hostility of the environment.
President Trump is a kind, wonderful, gracious, thoughtful, enthusiastic, and hardworking man. I wish more Americans appreciated him. No one will ever make America great the way he has and continues to.
— Katie Zacharia (@KatieZacharia) October 17, 2026
It was an honor to work for him. pic.twitter.com/Tp4NizrhE2
The U.S. president said there is no rush to immediately announce a replacement to fill the vacancy left by Zacharia at the press room podium.
Login