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Big political donation from East Setauket hedge fund chief

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Dome of Congress Credit: Getty Images

A $200,000 political donation from Robert Mercer, the chief executive of East Setauket hedge fund Renaissance Technologies, fueled "super PAC" attack ads in Oregon and Maryland election campaigns, a published report says.

Mercer's donation to Concerned Taxpayers of America was disclosed by federal election officials on Friday, The Washington Post reported this week. Mercer did not immediately respond Wednesday to a request for comment.

"Concerned Taxpayers of America, one of the numerous political groups spending big on this year's elections, appears to consist of two taxpayers in particular," The Washington Post reported.

Super PACs are changing the face of U.S. political campaigns allowing unlimited spending by donors whose names are not immediately made public.

The other donor to Concerned Taxpayers, who gave $300,000, is Daniel G. Schuster Inc., a concrete firm in Owings Mills, Md., the report said.

"Concerned Taxpayers... says it was formed in September 'to engage citizens from every walk of life and political affiliation' in the fight against 'runaway spending'," the Post said.

The super-PAC lists a Washington, D.C. address, and said it spent $450,000 on TV ads targeting Reps. Peter A. DeFazio (D-Ore.) and Frank M. Kratovil Jr. (D-Md.), the Post said.

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