Aug 23, 2019

Billionaire and conservative mega-donor David Koch dies at 79

Photo: Paul Zimmerman/WireImage/Getty Images

David Koch, a billionaire libertarian who supported conservative causes and campaigns, died at the age of 79, according to an announcement from his family on Friday.

Why it matters: Koch and his brother Charles built a massively influential network of donors that backed politicians who supported economically conservative policies, though he stepped away from his work last year due to his deteriorating health. The Koch network has faced criticism from President Trump throughout his tenure — notably due to breaks on immigration and trade — and said it would not support his re-election efforts earlier this year.

Go deeper: The Koch network is open to backing Democrats in 2020

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Koch network admits defeat on anti-Trump trade war ad campaign

Charles Koch. Photo: Patrick T. Fallon for The Washington Post via Getty Images

The network funded in part by billionaire and Republican megadonor Charles Koch is shifting gears in its efforts to combat President Donald Trump's trade war with China, CNBC reports, after sources told the outlet that its TV ad campaign has fallen flat.

Why it matters: Leaders of the network told CNBC that the argument they're selling to voters — that tariffs are costing American consumers — isn't resonating. "It doesn’t penetrate with the people that are willing to go along with the argument that you have to punish China," a senior Koch official told CNBC.

Go deeperArrowSep 19, 2019

Trump breaks with Fox News

Trump participates in a debate sponsored by Fox News in 2016. Photo: Chip Somodevilla/Getty Images

President Trump publicly turned against Fox News on Wednesday, tweeting that the conservative-leaning cable network "isn't working for us anymore" and that "[w]e have to start looking for a new News Outlet."

Be smart: The words "us" and "we" presumably refer to the most loyal supporters that make up Trump's base, whom the president hopes will help him pressure Fox into elevating pro-Trump coverage leading up to the 2020 election.

Go deeperArrowAug 28, 2019

Conservative media thrives, grows broader under Trump

Illustration: Rebecca Zisser/Axios

Major conservative media outlets are still growing in the U.S., even in the Trump era, by broadening their coverage areas and audiences to reach as many people as possible.

Why it matters: It's a reversal of the more typical pattern in which ideological media outlets take off when a president from the other side is in power.

Go deeperArrowAug 26, 2019