Ghost Donors, Real Power: Inside the $2 Billion Machine Rewriting State Laws From the Shadows
Anonymous donor networks have poured an estimated $2 billion into state legislative races over the past decade, deploying sophisticated financial structures that make tracing the original source of funds nearly impossible. A DOE News data investigation maps the layered infrastructure behind these campaigns and shows how the most consequential policy fights in America are now being decided by people whose names never appear on a ballot — or a disclosure form.