trump in a crypto bar

Then-Republican presidential nominee Donald Trump visited a cryptocurrency-themed bar called Pubkey in the West Village of New York City on September 18, 2024.

(Photo: Spencer Platt/Getty Images)

After $16 Billion Election, Nonprofit Tracking Money in Politics Lays Off 1/3 of Staff

"This is an absolutely devastating development on the precipice of the next administration," said one journalist.

Journalists and other critics of how money influences U.S. politics expressed alarm and disappointment in response to Friday reporting that shortly after the nation's latest election, the research nonprofit OpenSecrets had to lay off a third of its staff.

Citing a current staffer, Politico's Daniel Lippman revealed that OpenSecrets "laid off 10 employees yesterday due to financial difficulties" and "much of the research team were among the casualties, which constituted around a third of the group's total headcount."

According to the Politico Playbook newsletter:

Executive director Hilary Braseth wrote in an email to supporters that "OpenSecrets remains committed to its mission—serving as the trusted authority on money in American politics—but our task has become more difficult as groups have opted to fund a partisan outcome rather than nonpartisan democratic infrastructure."

She said in a subsequent email to Playbook that the layoffs were "a necessary first step to make our organization sustainable," and that she had "no doubt that our team will continue to produce the high-quality data that the public has come to rely on."

With a mission "to serve as the trusted authority on money in American politics," OpenSecrets envisions a country in which citizens "use data on money in politics to create a more vibrant, representative, and responsive democracy."

In response to the layoffs, numerous reporters took to social media on Friday to share how they—like Common Dreams—have used what National Public Radio media correspondent David Folkenflik calledthat "an invaluable resource for many a journalist and researcher—utterly nonpartisan but a source for transparency about money in politics now under financial threat."

"Terrible news!" declaredNerdWallet data journalist Joe Yerardi. "The folks at OpenSecrets have helped me so many times on stories. The [organization] does such vital work."

Other reactions included:

  • Wall Street Journal reporter Maggie Severns: "OpenSecrets is an important resource on money in politics, this is terrible to see."
  • Politico deputy national editor Zach Montellaro: "This stinks—OpenSecrets is a great resource for campaign finance data and following the money."
  • Digiday senior reporter Marty Swant: "Sad news for a critical team that helps shed light on dark money in politics."
  • McClatchy and Miami Herald investigative reporter Ben Wieder: "This is such sad news. OpenSecrets is such an important resource for journalists and anyone who cares about money in politics."
  • The New Republic breaking news writer Ellie Quinlan Houghtaling: "This is an absolutely devastating development on the precipice of the next administration."

Republican President-elect Donald Trump—known for "outright scandals and blatant corruption" during his first term—defeated Democratic Vice President Kamala Harris on Election Day earlier this week, . The GOP also seized control of the U.S. Senate and is on track to win a majority in the House of Representatives.

In a Tuesday analysis, OpenSecrets' Albert Serna Jr. and Anna Massoglia detailed how about $16 billion "went to influence federal elections and another $4.6 billion was raised by state candidates, party committees, and ballot measure committees for 2023 and 2024 elections."

The pair also highlighted Tuesday that this cycle "has broken the record for outside spending," with about $4.5 billion from independent groups such as super political action committees; dark money accounted for over $1 billion in total contributions to organizations like super PACs; top donors had outsize influence; and donations to support or defeat various ballot measures have also set "several records."

Jimmy Cloutier, a former OpenSecrets reporting fellow now at the Pittsburgh Post-Gazette, said Friday in response to the layoffs that "I'm devastated for my former colleagues—and shocked that this news comes just days after the most expensive election in U.S. history."

Investigative journalist Dave Levinthal, who also previously worked for the organization, said that "this is heartbreaking news, not just for us OpenSecrets alums, but anyone who cares about genuinely nonpartisan research and reporting plus political/governmental transparency."

Healthcare Across Borders executive director Jodi Jacobson said Friday that "this is unacceptable and unconscionable and shows how perverse our funding streams are. We can sink over a billion into a political campaign but not fund one of the most critical tools of accountability at a time when we need it most?"

Some responded to the layoff news with calls for donations to OpenSecrets. Filmmaker Adam McKay declared: "Legacy news media has all but blacked out money's outsized control of [government] so this is one of the few places to find out who is bribing your candidate or [representative]. Donate if you can ASAP."

Issue One research director Michael Beckels said: "Care about being able to follow the money in politics? Today would be a good day to donate—or become a monthly donor—OpenSecretsDC, one of the best groups around for understanding the flow of money in state and federal elections."

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