‘Preeminent’ Washington Network Raised Over $1.5 Billion in Dark Money for Funding Liberal Causes

President Joe Biden (L) and House Speaker Nancy Pelosi (D-Calif.) (R) listen as Senate Majority Leader Chuck Schumer (D-N.Y.) speaks at an event at the White House in Washington, on Aug. 9, 2022. Saul Loeb/AFP/Getty Images

Washington-based consulting firm Arabella Advisors reportedly raised and spent billions in dark money last year to fund left-wing endeavors.

In U.S. politics, dark money refers to anonymous donations aimed at influencing elections. In addition to raising $1.5 billion, Arabella also spent $1 billion to support its causes in 2021, according to a Fox News report that cited tax documents.