Peter Thiel, after a significant break from political contributions, has resumed his financial support for GOP campaigns, giving $852,200 to House Speaker Mike Johnson's fundraising committee. Nearly 90% of this donation was allocated to various Republican campaigns, marking a notable change from Thiel's previous disillusionment with political involvement after the 2022 midterms. Initially vowing to take a step back, he now indicates a renewed interest in political contributions, despite past comments expressing hesitancy to donate again, particularly regarding support for Trump in the upcoming election.
Peter Thiel made his first political contribution in two and a half years, giving $852,200 to House Speaker Mike Johnson's joint fundraising committee, with most funds going to various GOP campaigns.
After spending tens of millions during the 2022 midterms, Thiel was disillusioned with politics but has now shifted back to supporting Republicans as he contributed to significant GOP campaigns.
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