Brietbart CEO reveals that Trump donors are part owners

Brietbart CEO reveals that Trump donors are part owners
© Getty Images

Breitbart News CEO Larry Solov confirmed Friday that the Mercer family – GOP mega-donors and key backers of President Trump's campaign – are part owners of the right-wing news site, according to multiple reports.

The controversial conservative site is in the process of applying for congressional press credentials through the Standing Committee of Correspondents, the group that acts as a gatekeeper for the Capitol Hill press.

Solov appeared in front of the committee on Friday, where he revealed that the outlet is owned by himself, the Mercer family, and Susie Breitbart, the widow of the website’s founder Andrew Breitbart, USA Today and BuzzFeed reported.

Solov did not say exactly which members of the family were involved with Breitbart News, saying that Susie Breitbart held the largest percentage stake in the company but declining to elaborate on the Mercer family stake, according to BuzzFeed.

ADVERTISEMENT

The Wall Street Journal reported last month that the Mercers bought a 50 percent stake in Breitbart in 2011.

Robert Mercer is a hedge fund manager who has donated millions to conservative campaigns and causes. He, along with his daughter Rebekah Mercer, were strong supporters of Trump's 2016 campaign.

The father-daughter pair were influential in Trump’s staffing choices and other decisions during his presidential bid, and Rebekah Mercer worked on the real estate mogul’s presidential transition team.

During the campaign, the family poured millions into a super-PAC backing GOP presidential candidate Sen. Ted CruzRafael (Ted) Edward CruzSenate Dems hold floor talk-a-thon against latest ObamaCare repeal bill Overnight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | House weighs tougher rules for banks dealing with North Korea GOP state lawmakers meet to plan possible constitutional convention MORE (Texas). Eventually they threw their support behind Trump, with the group going after Democratic nominee Hillary ClintonHillary Diane Rodham ClintonBiden slams Trump over golf gif hitting Clinton Overnight Cybersecurity: Equifax hit by earlier hack | What to know about Kaspersky controversy | Officials review EU-US privacy pact Overnight Tech: Equifax hit by earlier undisclosed hack | Facebook takes heat over Russian ads | Alt-right Twitter rival may lose domain MORE.

News organizations trying to secure official Capitol Hill credentials must prove that their editorial teams are independent and not directed by corporate or political entities.

During his appearance in front of the panel Friday, Solov sought to assure committee members that White House chief strategist Steve Bannon, the former executive chairman of Breitbart, had fully resigned from the company.

The committee demanded a letter with details of the senior Trump aide's resignation, proving he wasn't simply taking a leave of absence, according to the reports.

While Breitbart News is currently applying for credentials, the organization’s reporters have been covering the Capitol for some time using temporary press passes.