Elon Musk donates $75m to support Trump’s presidential campaign

In a significant display of political backing, billionaire entrepreneur Elon Musk has contributed nearly $75 million to a political action committee (PAC) he established to support Donald Trump’s 2024 U.S. presidential campaign.

According to Federal Election Commission (FEC) filings made public on Tuesday, this large donation highlights Musk’s growing involvement in Trump’s bid for the presidency.

Musk, the world’s richest man, has become an increasingly prominent figure in Trump’s campaign. Recently, he appeared on stage with the former president at a Pennsylvania rally, where he made his support clear.

Musk has also been vocal on social media, frequently criticizing Trump’s Democratic opponent, Kamala Harris.

Trump has often mentioned Musk in his speeches, even promising to appoint him to a committee aimed at reducing government bureaucracy if he wins the election.

Currently, the race between Trump and Harris is extremely tight, with polls indicating a neck-and-neck contest for the White House.

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Musk’s America PAC, which was launched to mobilize grassroots efforts for Trump, has raised $74.95 million between July and September 2024.

The PAC has directed much of its efforts toward battleground states like Pennsylvania, where the overall outcome of the election may be decided.

The group’s website advertises paid opportunities for individuals to help boost voter turnout, offering $30 per hour with bonuses for high performance.

Musk has also promised $47 to anyone who convinces a registered swing-state voter to sign a petition supporting free speech and gun rights.

Musk’s endorsement of Trump came after the Republican candidate survived an assassination attempt in July 2024, a moment that seemed to solidify the tech mogul’s support.

On the other side of the race, Kamala Harris has been no less aggressive in her campaign efforts. The vice president’s Harris Victory Fund PAC raised $633 million in the same period, according to FEC filings.

Harris entered the race following President Joe Biden’s withdrawal after a poor debate performance against Trump earlier this year.

Since launching her campaign, Harris has energized the Democratic base, focusing heavily on key battleground states. Her PAC’s year-to-date fundraising is close to $1 billion, standing at $931.2 million, indicating the high stakes in this closely watched presidential race.

With both candidates neck-and-neck and political donations pouring in from both sides, the 2024 election is shaping up to be one of the most fiercely contested in recent history.

Elon Musk donates $75m to support Trump’s presidential campaign

Biden okays $4.5bn student debt relief as vote nears

US President Joe Biden announced Thursday further student debt relief for public servants — amounting to around $4.5 billion — with just over two weeks to go until the presidential election.

The action affects about 60,000 borrowers across the country, said the White House, touting Biden and Vice President Kamala Harris’s efforts to improve loan forgiveness since taking office.

Harris is the Democratic nominee in November’s White House race, running against Republican former president Donald Trump.

The announcement comes as households feel the weight of higher costs of living since the Covid-19 pandemic, with voters citing the economy as a crucial concern in polls.

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Biden said in a statement that with the latest move, more than one million people have had their debt cancelled under Public Service Loan Forgiveness.

The promise of the program — supporting teachers, nurses and others — involved student debt forgiveness after 10 years of public service and 10 years of payments.

“But for too long, the government failed to live up to its commitments, and only 7,000 people had ever received forgiveness,” Biden said.

“I will never stop working to make higher education affordable,” he added.

Harris said in her own statement that higher education “should be a pathway to economic opportunity — not a lifetime of debt.”

She, too, promised to “continue our work to lower costs, make higher education more affordable, and relieve the burden of student debt.”

Biden has embarked on efforts to cancel student debt for millions of Americans, after a student loan payment freeze instituted by Trump during the coronavirus pandemic.

Americans hold $1.6 trillion in student loans, and some end up repaying them over decades as they start jobs and families.

Biden okays $4.5bn student debt relief as vote nears

Bowen: ‘US threat to cut Israel military aid sign of anger’

The first aid in two weeks has gone into northern Gaza following a letter from the US that gave Israel 30 days to boost humanitarian access, or risk having some military assistance cut off.

The letter is the Biden administration’s most detailed public criticism yet of the way Israel has blocked humanitarian aid to Gaza. It was signed by Secretary of State Antony Blinken and Defence Secretary Lloyd Austin and was supposed to be private, until it was leaked to Israeli journalists.

It is a blueprint for an entirely different approach by Israel to the aid operation in Gaza – expediting it, rather than imposing restrictions. The letter is a line-by-line examination of Israel’s obstruction of aid deliveries – and the way its forcible relocation of civilians has exposed 1.7 million Palestinians to serious risk of disease.

It even challenges Israel’s long-standing attack on UNRWA, the UN agency that looks after Palestinian refugees.

The US is “very concerned” about proposed new laws that would “remove certain privileges and immunities”. An Israeli government minister wants to confiscate UNRWA’s headquarters in occupied East Jerusalem to use the land for a Jewish settlement.

The US says it acknowledges Israeli concerns about UNRWA, but that restrictions on it would “devastate” the humanitarian effort in Gaza and the education and welfare of tens of thousands of Palestinians in East Jerusalem and the occupied West Bank.

The letter cannot have made easy reading for its two recipients, Yoav Gallant, Israel’s defence minister, and Ron Dermer, its minister of strategic affairs, who is one of Prime Minister Benjamin Netanyahu’s closest advisers.

That is not just because the letter details the “US government’s deep concern over the deteriorating humanitarian situation in Gaza”. It also contains a reminder, that is also a threat, that US laws restrict arms transfers to countries that block the distribution of American aid.

Gallant set the tone of Israel’s approach to humanitarian aid flows to Gaza two days after the Hamas attacks of 7 October 2023. He announced a “complete siege” of the Gaza Strip. No fuel or food would be allowed in, he said. “Everything is closed… We are fighting human animals and we are acting accordingly.”

Pressure, not least by the Americans, forced Israel to moderate Gallant’s plan, but the aid coming in has never been consistent or adequate. In recent months, though, restrictions have been tightened, which seems to have prompted the letter. It is a sign of the exasperation and anger inside the Biden administration that Israel has not kept its promises to keep aid flowing into Gaza.

The European Union’s chief diplomat and leading human rights groups have already accused Israel of using starvation as a weapon of war. In May, Karim Khan, the chief prosecutor of the International Criminal Court, accused Prime Minister Netanyahu and Yoav Gallant of starvation of civilians as part of his application for the court to issue arrest warrants for war crimes and crimes against humanity. Both men rejected the allegation.

When Netanyahu spoke at the UN General Assembly in New York on 27 September, he dismissed accusations that Israel was starving Gazans as “an absurdity”. He presented a version of Israel’s role in the Gaza aid operation that is diametrically opposed to the one described in Blinken and Austin’s letter.

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For Netanyahu, the accusations were another sign of antisemitism at the UN and its institutions.

Israel, he said, was beset by “lies and slanders”.

“Good is portrayed as evil, and evil is portrayed as good.”

“We help bring in 700,000 tonnes of food into Gaza. That’s more than 3,000 calories a day for every man, woman, and child in Gaza.”

The hard facts in the US letter are a stark contrast to his emotive rhetoric. Some of them focus on restrictions Israel imposed in September, while Netanyahu made his claims in New York.

• “The amount of assistance entering Gaza in September was the lowest of any month during the past year” – in other words, since before Hamas’s 7 October attacks last year
• The US is particularly concerned by “recent actions by the Israeli government – including halting commercial imports, denying or impeding nearly 90% of humanitarian movements between northern and southern Gaza in September”

The Americans also criticise the way Israel slows the delivery of aid by imposing onerous rules, and make a number of specific demands:

• They want the removal of the restrictions on the use of closed lorries and containers, and to increase the number of vetted drivers to 400. UN agencies say that a shortage of drivers and lorries has made getting aid into Gaza much harder
• Israel must tighten and speed up security and customs checks. Aid organisations say cumbersome rules are used to slow deliveries down
• The Americans want aid to be funnelled through the port of Ashdod in an “expedited” route to the Gaza Strip. Ashdod is a modern Israeli container port a short drive north of Gaza. After Israel refused to let it be used, the US spent an estimated $230m (£174m) on a floating pier for aid deliveries into Gaza that broke up in bad weather before it could make a difference
• Israel should also remove restrictions on deliveries from Jordan

Israel argues that Hamas steals aid and sells it at inflated prices. The Americans do not directly engage with that, except in a single sentence that acknowledges there has been “increased lawlessness and looting”. Front and centre in the letter is Israel’s squeeze on Gaza.

Their criticism extends way beyond the mechanics of getting aid into Gaza. It demands an end to the isolation of northern Gaza, where ultra-nationalists in Netanyahu’s cabinet want to replace Palestinians with Jewish settlers.

Concern about northern Gaza has increased since Israel started its current offensive there.

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The army’s actions have resembled parts of a plan put forward by a group of retired officers, led by Giora Eiland, a major-general who used to be Israel’s national security adviser. Eiland says he wanted a deal to get the hostages back and end the war early on. But as that didn’t happen, he believes more radical action is necessary.

Israel has already separated northern Gaza from the south with a corridor along Wadi Gaza that bisects the territory. Eiland told me that his plan was to open evacuation routes for a week to 10 days so that as many of the 400,000 or so civilians left in the north leave. Then the territory would be sealed, all aid supplies cut, and everyone left inside would be considered a legitimate military target.

A version of the plan appeared to be in place at Jabalia camp in the north, after it was sealed off by Israeli troops, tanks and drones.

The Blinken-Austin letter insists that there can be “no Israeli government policy of forced evacuation of civilians from northern to southern Gaza”. Aid agencies should have “continuous access to northern Gaza” and should be able to enter it direct from Israel rather than taking the hazardous and often deadly route from the south. Orders to evacuate must be cancelled “when there is no operational need”.

Israel has forced 1.7 million civilians, many of whom fled northern Gaza, into a narrow strip of land along the coast between al-Mawasi and the town of Deir al-Balah, where the letter says “extreme overcrowding exposed the civilians to a high risk of contracting serious diseases”.

The Americans want the pressure to be eased, for civilians to be allowed to move inland before the winter. BBC Verify has established that Israel has also bombed what it says are Hamas targets in an area it calls a humanitarian zone.

The letter had immediate results. For the first time since the beginning of October, Israel has allowed in convoys of lorries carrying aid, though not yet on the scale requested by the US. Whether the letter can end the humanitarian catastrophe in Gaza, particularly in the absence of ceasefire, is another matter.

Israel has been given 30 days to remedy matters. The US presidential election happens within that time frame. Before polling day, the US would not restrict weapons shipments to Israel, especially given the fact that the Israelis are on the brink, potentially, of a much wider war with Iran.

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If Vice-President Kamala Harris wins, the Biden administration will be able to keep up the pressure on Israel until the inauguration in January.

It is likely to be a different story if former President Donald Trump gets his second term. Based on Trump’s previous four years in office, Netanyahu is likely to feel he has much more freedom to do what he wants as he runs down the clock on Joe Biden’s time in the White House.

Biden has been widely criticised, in his own Democratic Party and further afield, for not using the leverage that should come with America’s position as Israel’s most vital ally. Without US military and diplomatic support Israel would struggle to fight its wars. The letter looks like a serious attempt to impose pressure. In the last year of war, Netanyahu has often ignored US wishes.

A turning point came at the UN General Assembly in late September, when the US, UK and other allies of Israel believed they had talked Israel into accepting a 21-day truce in Lebanon to make time for diplomacy.

Instead, Netanyahu’s speech doubled down, rejecting a truce and escalating the regional war. From his hotel in New York, he ordered the assassination of the leader of Hezbollah, Hassan Nasrallah. Some senior Western officials complain that the Biden administration has been “played” by Netanyahu.

The letter is a belated attempt to redress the balance. Biden has been convinced he can best influence Israel by offering unconditional support. He advised Israel after 7 October not to be blinded by rage, as he said America was after the al-Qaeda’s 9/11 attacks.

But his wishes have often been ignored by Netanyahu. Whether or not Israel listens to America’s demands on Gaza, as Biden enters his last lap as president, it is clear that his attempt to stop the spread of the Gaza war across the Middle East has failed.

And as for the letter, it will be too little, too late for all those civilians in Gaza who have suffered, and for those who have died, as the result of months of restrictions in humanitarian aid imposed by Israel.

Bowen: ‘US threat to cut Israel military aid sign of anger’

BBC