Implicator
Innovation Council Action, a pro-Trump political nonprofit, plans to spend more than $100 million on the 2026 midterms to advance the president's AI deregulation agenda, Axios reported Sunday. The group, led by former Trump deputy chief of staff Taylor Budowich, has compiled a lawmaker scorecard to identify which members of Congress support or resist that agenda. Add it up and the AI industry has now committed more than $300 million to November's elections. For scale: Club for Growth Action set the previous single-PAC midterm record at $69 million back in 2022. Innovation Council alone is pledging to beat that.
Key Takeaways
- Innovation Council Action, backed by David Sacks, plans $100M+ midterm spend aligned with Trump's AI deregulation agenda
- Total AI-industry election spending now exceeds $300M, with pro-deregulation groups outspending regulators three-to-one
- AI-backed candidates won 10 of 11 congressional primaries so far, following crypto's super PAC playbook from 2024
- Polling shows bipartisan voter skepticism of AI, with more Republicans than Democrats favoring regulation
Marcus Schuler
Tech translator with German roots who fled to Silicon Valley chaos. Decodes startup noise from San Francisco. Launched implicator.ai to slice through AI's daily madness—crisp, clear, with Teutonic precision and sarcasm. E-Mail: [email protected]
