Bill Gates Stops Funding Left-Wing Dark Money Group

- June 4, 2026
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Treasury Secretary Scott Bessent acknowledged Wednesday that he threatened to “kick ass” during a heated confrontation last year, while firmly denying reports that he threatened to punch the now-acting Director of National Intelligence “in the face.”

The unusual exchange emerged during a Senate Finance Committee hearing, where Sen. Thom Tillis (R-NC) pressed Bessent about reports surrounding a confrontation between the two Trump administration officials during the summer of 2025.

According to Bessent, one key detail in the widely circulated account was inaccurate.

While he denied threatening.

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Seijah Drake was born in Boston, MA, where she developed a penchant for writing early on and a passion for politics in college. After college she worked briefly for a conservative media in New York before relocating to the Greater D.C. Area to pursue a career in political marketing. She now resides in the free state of Florida.

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The Bill & Melinda Gates Foundation has quietly ended its financial support of Arabella Advisors, a powerful left-wing “dark money” network that has funneled billions into Democratic-aligned causes, according to a New York Times report.

An internal announcement sent to Gates Foundation employees on June 24 revealed that the foundation would no longer make grants through nonprofit funds administered by Arabella Advisors or its affiliated entities. The decision may signal a strategic pivot for the massive philanthropic organization — one that has raised eyebrows across the political spectrum.

A Strategic Shift — But Not a Political One?

While the Gates Foundation did not cite politics in its decision, the timing and the nature of the groups involved suggest broader implications, especially given Arabella’s deep ties to Democratic causes and controversial influence in American elections.

The foundation’s public explanation framed the decision as part of a broader effort to work more closely with “organizations that are deeply embedded in the communities we serve and closely aligned with our mission.”

“As we look ahead, this is a chance to build deeper, more durable relationships with those partners — and to reinforce the kind of legacy we want to leave behind,” the internal memo said, according to the New York Times.

A spokesperson told the NYT the move was “a business decision” and part of a routine strategic assessment.

Who Is Arabella Advisors?

Arabella Advisors is one of the most influential — and opaque — funding hubs on the American political left. Founded in 2005 by Eric Kessler, a former Clinton administration staffer, the firm manages a constellation of non-profits and fiscally sponsored groups that help direct billions in anonymous donations to progressive campaigns and policy initiatives.

In 2022 alone, Arabella’s network reportedly raised more than $1 billion, channeling millions into voter registration drives, media influence campaigns, and political advocacy groups aligned with Democratic interests.

Arabella’s dark money operations — meaning funds that do not disclose their donors — have been a point of criticism from transparency watchdogs and a growing number of political figures. Notably, billionaire Elon Musk accused Arabella and Democrat fundraising platform ActBlue of being part of a “left-wing NGO cabal” coordinating attacks on Tesla and other politically sensitive causes.

Gates Cuts More Than Just the Cord

According to the NYT, the Gates Foundation isn’t simply ending future grants — it’s looking to exit early from existing Arabella-related investments and will not renew or extend current partnerships. That includes ties to the Redstone Strategy Group, a consulting firm Arabella acquired in 2023.

The decision reportedly came as a surprise to some inside the foundation, and while the internal memo avoided mention of political entanglements, five anonymous sources told the NYT that some Arabella clients are worried about possible scrutiny or investigations from President Donald Trump following re-election.

Those concerns may have played a role in other clients reconsidering their reliance on Arabella, with some weighing how to decentralize or distance their operations.

Political Impact and Broader Implications

Arabella-managed funds have funneled millions into battleground states, particularly through voter engagement and registration operations. In 2022, the network directed over $4 million to such initiatives alone — all without disclosing individual donors.

One of Arabella’s most prominent client groups, the League of Conservation Voters (LCV), has also been highly active in opposing Trump policies and endorsing Democratic candidates through its associated Super PACs.

The Gates Foundation’s decision to back away may represent more than just a shift in philanthropic focus. It could be a bellwether moment for the increasingly controversial dark money infrastructure that has grown alongside the Democratic Party — and a sign that even deep-pocketed institutional donors are rethinking their exposure to political risk.

READ NEXT: Bill Gates Surprised By Silicon Valley’s Rightward Shift

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Seijah Drake

Seijah Drake was born in Boston, MA, where she developed a penchant for writing early on and a passion for politics in college. After college she worked briefly for a conservative media in New York before relocating to the Greater D.C. Area to pursue a career in political marketing. She now resides in the free state of Florida.

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