{"id":38,"date":"2026-05-22T23:39:42","date_gmt":"2026-05-22T23:39:42","guid":{"rendered":"https:\/\/frontierhousingreport.com\/?p=38"},"modified":"2026-05-22T23:39:42","modified_gmt":"2026-05-22T23:39:42","slug":"meet-connecticuts-billionaire-backed-dark-money-democrat","status":"publish","type":"post","link":"https:\/\/frontierhousingreport.com\/?p=38","title":{"rendered":"Meet Connecticut\u2019s Billionaire-Backed Dark-Money Democrat"},"content":{"rendered":"
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In Connecticut, incumbent members of Congress can be harder to unseat because of the state\u2019s convention-driven primary system. The main way candidates get on the primary ballot is by a vote of delegates, who are selected from local party committees, at a statewide party convention. Winning a majority of delegate support is seen as a strong indication of support, though anyone who gets at least 15 percent of votes still makes the ballot. This process often favors those with established party relationships, institutional support, and existing political infrastructure. This year, however, one candidate seems to have flipped the usual script.<\/p>\n

Read more A Retrospective on Bidenomics<\/a><\/p>\n

More from James Baratta<\/strong><\/em><\/p>\n

On May 11, former Hartford Mayor Luke Bronin secured the Democratic endorsement for Connecticut\u2019s First Congressional District in a historic upset to incumbent Rep. John Larson (D-CT), a working-class progressive with a storied record of taking on corporate power. Bronin emerged victorious in the second round of the contested convention, defeating Larson by a relatively thin margin. They will face off once again, this time in the Democratic primary on August 11.<\/p>\n

Bronin also counts himself among the roster of Democrats whose perceived electability and moderate politics have landed them a seat on The Bench, a months-old political action committee (PAC) dedicated to advancing \u201cthe next generation of Democratic leaders.\u201d The Bench and Majority Democrats, another new PAC with seemingly identical goals, share the same fundraising arm\u2014the Majority Fund\u2014and operate a well-oiled machine revealed by The Lever last month to be \u201cplaying an unprecedented role in Democratic primaries,\u201d funneling millions of dollars to boost corporate-friendly moderates \u201cwhile sharing the same big-money donors, political consultants, and often the same policy proposals.\u201d<\/p>\n

The dark-money network is largely bankrolled by billionaire hedge fund manager Stephen Mandel and his spouse, Susan. They\u2019re also the central backers of The Connecticut Project, which as the organization\u2019s website states rather emphatically, consists of \u201ctwo independent, distinct, and separately funded and governed organizations: The Connecticut Project, a 501c3 public charity, and The Connecticut Project Action Fund, a 501c4 advocacy organization.\u201d The Mandels serve on the board of the Connecticut Project, and Susan Mandel is a member of The Connecticut Project Action Fund\u2019s board.<\/p>\n

Before kicking off his congressional campaign last summer, Bronin spent some time moonlighting as a consultant for The Connecticut Project, earning six figures for consulting services between 2024 and 2025. According to a filed with the Clerk of the House of Representatives on November 28, 2025, Bronin reported $237,000 in personal income from The Connecticut Project.<\/p>\n

One month after announcing his candidacy, the Mandels maxed out their contributions to Bronin\u2019s primary and convention campaigns, giving a total of $14,000.<\/p>\n

\u201cThe Mandels donate to many nonprofit organizations and political campaigns, and their spending decisions are their own,\u201d Meghan Holden, director of marketing and communications at The Connecticut Project, said in a statement to the Prospect<\/em>. \u201cThe Connecticut Project and The Connecticut Project Action Fund have no insight into, provide no input regarding, and make no appeals or solicitations for, their donations to other groups or individuals.\u201d<\/p>\n

She continued: \u201cAs nonpartisan nonprofits with the sole purpose of making Connecticut work for working class people, The Connecticut Project and The Connecticut Project Action Fund do not contribute to, endorse, or oppose any political candidates for office.\u201d<\/p>\n

A recent campaign finance disclosure reviewed by the Prospect<\/em> shows that Luke Bronin for Congress paid $10,000 to a newly incorporated company for \u201cgeneral campaign consulting\u201d this month; that company is the obscurely named Precinct LLC, which as The Lever reported, \u201cappears to be a kind of central hub for the network.\u201d<\/p>\n

Precinct LLC\u2019s managing director is Amy Copeland, a senior adviser at Majority Democrats, but the consultancy has direct ties to the billionaires behind the dark-money network. One such billionaire is Seth London, who signed Precinct LLC into existence in January 2025 after penning a memo where he made the case for, among other things, deregulating private industry, rejecting universal publicly funded health care, housing, or education, and embracing privatization, austerity, and military intervention.<\/p>\n

The network is London\u2019s neoliberal baby, and it\u2019s growing up so fast. All he had to do was write a letter, and the big-dollar checks started rolling in.<\/p>\n

Read more The Far-Right Cash Machine<\/a><\/p>\n

THE BILLIONAIRE BENEFACTORS<\/strong> betting big on the so-called next generation of Democratic leaders are certainly not limited to the Mandels.<\/p>\n

Michael Novogratz, co-founder of Fortress Investment Group and CEO of the data center company Galaxy Digital, and his spouse, Sukey, made individual contributions totaling approximately $13,000 to Bronin\u2019s congressional campaign in March.<\/p>\n

Last year, Clifford Asness, co-founder of AQR Capital Management, and his spouse, Laurel, maxed out their individual contributions to Bronin\u2019s primary, convention, and general campaigns, donating $21,000 in total. Asness is a longtime GOP mega-donor who, according to CT Insider, recently donated to GOP Winning Women and the Sentinel Action Fund, which support conservative, corporate-friendly Republican candidates in competitive Senate races.<\/p>\n

For their part, Stephen Mandel and Michael Novogratz are also betting big on the AI boom. Residents of Connecticut\u2019s First Congressional District\u2014and frankly, communities across the country\u2014remain concerned about the impact that data center expansion could have on their electricity bills. Despite receiving significant funding from billionaires with a stake in the data center build-out, Bronin has called for regulation requiring data center developers to pay their fair share.<\/p>\n

Compared to Larson, who is 77 years old and a lifelong resident of East Hartford, Bronin hails from a starkly different background. He grew up in the tony suburb of Greenwich, Connecticut, and attended the esteemed private school Phillips Exeter Academy. Bronin worked as a corporate lawyer before he was elected mayor, and during his first year in office, he quickly developed a reputation for being anti-labor. Larson, by contrast, grew up in East Hartford\u2019s Mayberry Village housing project, and attended public school; he later returned to the high school he attended to teach history as a public school teacher.<\/p>\n

To be fair, Larson\u2019s campaign has received substantial contributions from PACs representing businesses, corporations, and labor unions. CT Mirror reported that PAC spending accounted for nearly half of Larson\u2019s fundraising between January and March. Moreover, multiple employees at the private equity giant Apollo Global Management, which is invested in the AI boom, donated to his campaign in March; Marc Rowan, CEO and chair of Apollo, contributed the maximum allowable amount to Larson\u2019s campaign in September 2025.<\/p>\n

\u201cLuke Bronin has refused to take a single dollar of corporate PAC money, while John Larson\u2019s campaign is fueled by millions of dollars from corporate PACs,\u201d Bronin campaign communications director Akash Kaza said in a statement. \u201cJust as he did as Mayor of Hartford, Bronin will be a fighter for Connecticut families, whether that means standing up to Big Tech or Big Pharma, or taking on a Democratic establishment that\u2019s not doing enough to fix a broken system.\u201d<\/p>\n

On the heels of his convention victory, Bronin reportedly emailed a statement to reporters professing his deep respect for Larson, only to urge the incumbent to listen \u201cto the message that was sent tonight by the most active, loyal Democrats in our party\u2014that it\u2019s time to pass the torch.\u201d<\/p>\n

According to Kaza, that loyalty is to the \u201cgrassroots activists who are on the ground in our communities, who are the most loyal Democrats and who know these candidates best, [who] made history last week by voting to endorse Luke Bronin over a 28-years incumbent.\u201d<\/p>\n

Read more When ICE Blows Through Rural America<\/a><\/p>\n<\/div>\n


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Former Hartford Mayor Luke Bronin secured the Democratic endorsement for Connecticut\u2019s 1st District in a historic upset to incumbent Rep. 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