Billionaire backer feels 'deceived' by Josh Hawley over election objections
A secretive billionaire supporter of Josh Hawley and other rightwing lawmakers suggested he had been “deceived” by the Republican senator from Missouri, who led the effort to overturn the results of the 2020 election.
Jeffrey Yass is a co-founder of Susquehanna International Group – headquartered in Philadelphia, Pennsylvania, a critical swing state – who has donated tens of millions of dollars to hardline Republican groups who supported Donald Trump’s effort to invalidate his defeat at the polls by Joe Biden.
Yass privately told a longtime associate he had not foreseen how his contributions would lead to attempts to overturn US democracy.
“Do you think anyone knew Hawley was going to do that?” Yass wrote to Laura Goldman, a former stockbroker who has known him for more than three decades.
“Sometimes politicians deceive their donors.”
Yass, who does not give interviews and generally avoids publicity, also told Goldman he did not believe the 2020 election had been “stolen”, even though he has directly and indirectly supported rightwing Republicans who have repeatedly – and falsely – sought to discredit the results.
The latest fallout of the 6 January attempt to invalidate the election, in which 147 Republicans in Congress objected to electoral college results in the aftermath of the attack on the Capitol, comes as both Hawley and his donors face pressure and criticism for his role.
Hawley has said he objected to the counting of electoral votes in order to instigate a “debate” on the issue of elec
tion integrity. He has denied that his actions helped to incite the violent outburst and breach of the Capitol in which five people died, including a police officer.
Goldman told the Guardian she emailed Yass because she was upset to learn about his support for Hawley and other Republicans, especially since the lawmakers were seeking to invalidate the election results in their home state, Pennsylvania, which helped Biden clinch the White House.
“I approached Jeff Yass upset after reading the Guardian’s article [about his involvement in donations] because I was shocked he would allow my vote and the vote of his neighbors to possibly be invalidated by politicians to whom he gives millions of dollars,” she said.
She added: “Yass lives here. He knows local politicians … he could simply call them and ask questions if he thought the election results were funky, which they absolutely were not. He doesn’t need Josh Hawley, a senator from Missouri, or Ted Cruz, a senator from Texas, to question the election results in the state that he has lived almost 40 years.”
Goldman published snippets of Yass’s private remarks to her on Twitter. The Guardian was able to verify the authenticity of the statements.
Yass, a trader and poker aficionado who is an active Republican donor and has been a force in Pennsylvania elections, donated about $30m to conservative Super Pacs in the 2020 election cycle, making him the eighth-largest donor in the election, according to data compiled by the Center for Responsive Politics.
Most of those donations were made to the Club for Growth, an anti-tax group that in 2018 and 2020 supported 42 Republican hardliners who ultimately voted to overturn election results even after insurrectionists stormed the US Capitol.
The Club for Growth has been a major backer of both Hawley and Cruz, his partner in seeking to invalidate the election.
Yass has not responded to requests for comment from the Guardian. Nor has he responded to questions about whether he will continue to donate to the Club for Growth or whether he discussed issues with Hawley and others. Goldman said she sought out a discussion with him in part because she knows he is a “hands on” political donor.
The Club for Growth did not respond to a request for comment. The group’s president, David McIntosh, has been an avid supporter of some of the most anti-democratic lawmakers elected in 2020, including Lauren Boebert, a QAnon follower and gun rights advocate from Colorado who has been criticized for tweeting the location of the House speaker, Nancy Pelosi, during the riot in the Capitol, against the advice of police.
In an endorsement of Boebert in July 2020, McIntosh lauded the restaurant owner and political novice for her understanding of the “irreparable harm” caused by “government overreach” and said he had no doubt Boebert would be a “conservative firebrand” in Washington.
Yass told Goldman he donated to the Club for Growth a year ago and suggested he could not have anticipated what Hawley and others might do.
But public records show Yass also donated $2.5m to the Protect Freedom Pac on 10 November 2020, a week after the US election. The Protect Freedom Pac, affiliated with the Kentucky Republican senator Rand Paul, ran advertisements against Democrats ahead of two January runoff elections in Georgia, including ads that claimed Democrats were seeking to defund the police, institute “socialist healthcare” and raise “trillions in new taxes”.
The Protect Freedom Pac’s website currently – and falsely – states that Democrats “stole” the 2020 election and used the Covid-19 crisis to illegally change election laws. It has also endorsed an in-person voter ID law, a policy that would disproportionately block minority voters.
Yass has received far less attention than other billionaire donors, such as Mike Bloomberg or the late Sheldon Adelson, but has been known to get involved in local politics, donating money to candidates who support charter schools.
Goldman told the Guardian Yass has been a longtime supporter of the Republican majority in the Pennsylvania legislature that led the fight to stop mail-in ballots from being counted until election day. Pennsylvania’s final results were not known until days after the election and Biden’s victory was clinched in large part because of hundreds of thousands of mail-in ballots that were counted after in-person ballots.
Hawley’s office did not respond to a request for comment.