https://freebeacon.com/policy/swiss-billionaire-bankrolling-dark-money-group-pushing-for-biden-climate-initiative/
A Swiss billionaire is bankrolling a leading dark money group lobbying for the Biden administration’s Build Back Better plan and green energy jobs initiatives, according to corporation and lobbying records reviewed by the Washington Free Beacon.
Climate Power, one of the main groups pushing for the White House’s climate agenda, has billed itself as a traditional advocacy organization, with an advisory board featuring John Podesta, Stacey Abrams, and former senator Harry Reid. But the group doesn’t actually exist independently—it is owned and operates as a front group under the Fund for a Better Future, a Democratic dark money organization that has received the majority of its funding from Swiss health care mogul Hansjorg Wyss’s foundation since 2016, according to corporation records.
Wyss has poured hundreds of millions of dollars into the Fund for a Better Future and other progressive dark money groups and has been the subject of controversy since his opaque web of donations was detailed by the New York Times last spring. The connection between the Wyss-funded Fund for a Better Future and Climate Power has not been reported until now.
The link raises questions about foreign influence on the climate debate and the prominence of dark money groups in the Biden administration’s public advocacy campaign for the Build Back Better legislation. While foreign nationals are prohibited from contributing to federal campaigns, lawmakers and watchdogs have raised concerns about foreign donations to nonprofit political advocacy organizations—so-called dark money groups—which could be used as a legal loophole to influence elections.