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Zach Everson Profile picture
@Z_Everson
Oct 5, 2021 • 21 tweets • 36 min read • Read on X
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A Facebook whistleblower is about to testify before a Senate subcommittee on protecting kids online.

11 of the panel's 12 members have accepted political contributions from @Facebook.

1/
forbes.com/sites/zachever…
@Facebook Watch Facebook whistleblower Frances Haugen testify before the Senate subcommittee here:

2/
commerce.senate.gov/2021/10/protec…
@Facebook Subcommittee chair @SenBlumenthal (D-Conn.) is giving his opening remarks at today's Facebook hearing.

Blumenthal has accepted $15,000 in political donations from Facebook.

3/
forbes.com/sites/zachever…
@Facebook @SenBlumenthal Ranking member @MarshaBlackburn (R-Tenn.) is speaking now at today's Facebook hearing.

Blackburn has accepted $10,500 in political donations from Facebook.

4/
forbes.com/sites/zachever…
@Facebook @SenBlumenthal @MarshaBlackburn As Blackburn talks about numbers Facebook won't share, here are some more—

💰Facebook has donated to 11 of the 12 Senators on this committee: forbes.com/sites/zachever…

💰Political contributions from Facebook's top brass exceed $3.9 million: forbes.com/sites/zachever…

5/
@Facebook @SenBlumenthal @MarshaBlackburn "Follow the money,"

- Sen. Marsha Blackburn, moments ago

6/
@Facebook @SenBlumenthal @MarshaBlackburn Ranking member of the entire committee @SenatorWicker (R-Miss.) just spoke at the Facebook hearing.

Wicker has accepted $18,500 in political donations from Facebook.

7/
fec.gov/data/disbursem…
@Facebook @SenBlumenthal @MarshaBlackburn @SenatorWicker Facebook whistleblower Frances Haugen has donated about $2,000 to political committees—almost all to the Democratic fundraising platform ActBlue.

8/
forbes.com/sites/zachever…
@Facebook @SenBlumenthal @MarshaBlackburn @SenatorWicker Blackburn is talking about earlier testimony from Antigone Davis, Facebook’s global head of safety.

Davis has made one political donation, a $2,700 gift to Hillary Clinton’s campaign

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forbes.com/sites/zachever…
@Facebook @SenBlumenthal @MarshaBlackburn @SenatorWicker Blackburn is talking about Adam Moseri, the head of @instagram who has been publicly defending the app’s pursuit of the kids.

Moseri has made $30,000 in political donations, almost all to Facebook's PAC.

10/
forbes.com/sites/zachever…
@Facebook @SenBlumenthal @MarshaBlackburn @SenatorWicker @instagram Full disclosure: @Forbes's wonderful graphics team had no involvement in making this image.

11/
@Facebook @SenBlumenthal @MarshaBlackburn @SenatorWicker @instagram @Forbes Sen. @amyklobuchar is speaking now at the committee's Facebook hearing.

Klobuchar has accepted $15,000 in political donations from Facebook.

12/
forbes.com/sites/zachever…
@Facebook @SenBlumenthal @MarshaBlackburn @SenatorWicker @instagram @Forbes @amyklobuchar Amy Klobuchar, who has accepted $15,000 in political donations from Facebook, is complaining about the influence of tech lobbyists.

13/
forbes.com/sites/zachever…
@Facebook @SenBlumenthal @MarshaBlackburn @SenatorWicker @instagram @Forbes @amyklobuchar .@SenJohnThune is speaking now at the committee's Facebook hearing.

Thune has accepted $31,000 in political donations from Facebook.

14/
forbes.com/sites/zachever…
@Facebook @SenBlumenthal @MarshaBlackburn @SenatorWicker @instagram @Forbes @amyklobuchar @SenJohnThune .@SenBrianSchatz is speaking now at the committee's Facebook hearing.

Schatz has accepted $35,000 in political donations from Facebook, more than anyone else on the panel.

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forbes.com/sites/zachever…
@Facebook @SenBlumenthal @MarshaBlackburn @SenatorWicker @instagram @Forbes @amyklobuchar @SenJohnThune @SenBrianSchatz Sen. @JerryMoran (R-Kan.) is speaking now at the committee's Facebook hearing.

Moran has accepted $21,000 in political donations from Facebook.

16/
forbes.com/sites/zachever…
@Facebook @SenBlumenthal @MarshaBlackburn @SenatorWicker @instagram @Forbes @amyklobuchar @SenJohnThune @SenBrianSchatz @JerryMoran Chair of the overall Commerce committee Sen. @MariaCantwell (D-Wash.) just spoke at the Facebook hearing.

She has not accepted any donations from Facebook's PAC, but she has taken $8,900 from Facebook's top executives (and more for other staffers). [Corrected her party]

17/
@Facebook @SenBlumenthal @MarshaBlackburn @SenatorWicker @instagram @Forbes @amyklobuchar @SenJohnThune @SenBrianSchatz @JerryMoran @MariaCantwell .@SenMikeLee is speaking now at the committee's Facebook hearing.

Lee has accepted $22,500 in political donations from Facebook.

18/
forbes.com/sites/zachever…
@Facebook @SenBlumenthal @MarshaBlackburn @SenatorWicker @instagram @Forbes @amyklobuchar @SenJohnThune @SenBrianSchatz @JerryMoran @MariaCantwell @SenMikeLee Sen. @EdMarkey is speaking now at the committee's Facebook hearing.

He is the only member of the subcommittee who has not accepted a contribution from Facebook. He has received $19,700 from Facebook staffers though.

19/
forbes.com/sites/zachever…
@Facebook @SenBlumenthal @MarshaBlackburn @SenatorWicker @instagram @Forbes @amyklobuchar @SenJohnThune @SenBrianSchatz @JerryMoran @MariaCantwell @SenMikeLee @EdMarkey .@SenatorLujan (D-NM) is speaking now at the committee's Facebook hearing.

Luján has accepted $7,000 in political donations from Facebook.

20/
forbes.com/sites/zachever…
Make sure you don't miss any of my reporting on money and politic—and often get the news before anyone else.

Subscribe to @Forbes' Checks & Imbalances.

21/21

forbes.com/checksandimbal…

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More from @Z_Everson

Zach Everson Profile picture
May 1
Keith Davidson, Stormy Daniels’ ex-lawyer who took the stand on Tuesday in Trump's criminal trial, also filed a sexual assault case against the estranged son of Don Hankey, the billionaire who recently bailed Trump out.

Let's unpack all that.

1/
forbes.com/sites/zachever…
Keith Davidson represented Stormy Daniels and Karen McDougal when they separately approached Trump for hush-money payments in 2016.

Yesterday he described how the arrangements came about. Davidson also testified that it was his belief Trump was behind the deals.

2/
Daniels later sued Davidson, alleging that after she signed the NDA, Davidson breached his obligations as an attorney by colluding with Cohen to take actions that benefited Trump. They settled.

McDougal made similar claims against Davidson.

3/
forbes.com/sites/zachever…
Read 11 tweets
Zach Everson Profile picture
Dec 1, 2023
New: Why Cornel West Is Broke

Newly uncovered divorce filings reveal allegations of a “secret life” & help explain why the presidential candidate, who has earned millions of dollars over the years, has hardly anything left

w/@denham_jemima for @Forbes

forbes.com/sites/jemimade…
Cornel West has earned an estimated $15 million or so over the last 30 years.

But oddly, as he mounts an independent run for president, his net worth resembles that of a first-year adjunct professor.

Here's why--

2/
forbes.com/sites/jemimade…
Taxes--

West pulls in hundreds of thousands from the lecture circuit.

But, taxes aren't withheld.

And he didn't put any more aside to pay them come tax day.

“Almost like a reptile biting its tail,” he says now of his situation.

forbes.com/sites/jemimade…
Notice of Federal Tax Lien against Cornel West totaling $380,000
Read 8 tweets
Zach Everson Profile picture
Apr 26, 2023
New: Ivanka Trump ditches attorneys in fraud suit, splitting from Don Jr. and Eric

me for @Forbes

1/
forbes.com/sites/zachever…
Ivanka, Don Jr., and Eric are co-defendants with their father and the Trump Org in the NY AG's fraud lawsuit.

2/
forbes.com/sites/zachever…
Don Jr. and Eric Trump quickly lawyered up. A month later, Ivanka hired the same attorneys.

But she also hired two other attorneys independently of her brothers.

3/
forbes.com/sites/zachever… FILED: NEW YORK COUNTY CLER...FILED: NEW YORK COUNTY CLER...FILED: NEW YORK COUNTY CLER...FILED: NEW YORK COUNTY CLER...
Read 7 tweets
Zach Everson Profile picture
Oct 13, 2022
Just in--

Today NY AG Letitia James filed a motion for a preliminary injunction "seeking several measures to stop Mr. Trump and the Trump Organization’s ongoing fraudulent scheme and ensure funds are available to satisfy any disgorgement award..."

1/
ag.ny.gov/press-release/… Image
"Attorney General James is also seeking the court’s permission to serve Mr. Trump and Eric Trump electronically, as both defendants and their counsels have refused to accept service of the complaints for almost a month. "

2/
"Beyond the continuation of that fraud, the Trump Organization appears to be taking steps to restructure its business to evade the reaches of OAG’s lawsuit."

3/
Read 6 tweets
Zach Everson Profile picture
Oct 12, 2022
John Ratcliffe is terminating his congressional campaign.

But not before it paid his wife $43,500.

And paid $11,000 to the firm that designed his personal website.

And repaid him $225,00 for a loan.

for @Forbes

1/
forbes.com/sites/zachever…
@Forbes Ratcliffe's wife, Michele, is an attorney specializing in real estate and cyber crimes.

She doesn't appear to have any other campaign-finance experience.

The campaign paid her $43,500 to manage its sleepy books.

That's 36% of its total spending.

2/
forbes.com/sites/zachever… Image
@Forbes After leaving office, Ratcliffe’s campaign shelled out $11,000 for “website design."

I found no evidence the firm did any work for his campaign.

But that firm did design his personal site.

That payment that could violate campaign-finance rules.

3/
forbes.com/sites/zachever…
Read 6 tweets
Zach Everson Profile picture
Oct 10, 2022
Latest issue of Checks & Imbalances, @Forbes ***free*** newsletter on money and politics is now on the website.

forbes.com/sites/zachever…
@Forbes Subscribe (again, free) at

forbes.com/newsletter/che…
@Forbes Mar-a-Lago will host political fundraisers on two consecutive nights later this month.

Neither candidate is running in Florida.

In both instances, photos with Trump are available in exchange for $25,000 of donations.

forbes.com/sites/zachever… ImageImage
Read 4 tweets

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