October 18, 2026

Elon Musk Is Trying to Buy a Congress

The world’s richest man has poured at least $366 million into this year’s midterms, more than he spent electing Donald Trump in 2024, to keep a Republican Congress standing guard around an unpopular president. He is not alone. A small circle of billionaires, a Supreme Court that keeps removing the guardrails, and a campaign-finance cop with no quorum have turned the 2026 election into the most expensive auction in American history.

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A Law Signed in September, Signed Away in October

Congress passed the Graham Act 86–11 and 262–159 to choke off the money behind Putin’s war. Twenty-eight days after signing it, President Trump used a national-interest waiver to switch off every operative Russia provision, including the clause that was supposed to keep the sanctions locked until Ukraine had peace. The move was likely legal on paper. That is exactly the problem.

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