{"id":4346,"date":"2025-10-26T13:39:56","date_gmt":"2025-10-26T13:39:56","guid":{"rendered":"https:\/\/thetradingdictionary.com\/index.php\/2025\/10\/26\/trump-ally-who-donated-130-million-to-pay-troops-amid-shutdown-revealed-as-reclusive-billionaire-heir-report\/"},"modified":"2025-10-26T13:39:56","modified_gmt":"2025-10-26T13:39:56","slug":"trump-ally-who-donated-130-million-to-pay-troops-amid-shutdown-revealed-as-reclusive-billionaire-heir-report","status":"publish","type":"post","link":"https:\/\/thetradingdictionary.com\/index.php\/2025\/10\/26\/trump-ally-who-donated-130-million-to-pay-troops-amid-shutdown-revealed-as-reclusive-billionaire-heir-report\/","title":{"rendered":"Trump ally who donated $130 million to pay troops amid shutdown revealed as reclusive billionaire heir: report"},"content":{"rendered":"<p class=\"speakable\">The anonymous donor who gave $130 million to the Pentagon to pay troops during the government shutdown has been identified as Timothy Mellon, a reclusive billionaire and a major financial backer of President Donald Trump, according to a report.<\/p>\n<p class=\"speakable\">Trump announced the donation on Thursday, but declined to reveal the donor&#8217;s identity, only describing him as a &#8216;patriot&#8217; and a friend. The president again refused to name the person on Friday while talking to reporters aboard Air Force One shortly after departing Washington for Asia, calling the donor &#8216;a great American citizen&#8217; and a &#8216;substantial man.&#8217;<\/p>\n<p>&#8216;He doesn\u2019t want publicity,&#8217; Trump said on Friday. &#8216;He prefer that his name not be mentioned, which is pretty unusual in the world I come from, and in the world of politics, you want your name mentioned.&#8217;<\/p>\n<p>But the two people familiar with the matter told The New York Times that the man is Mellon, a wealthy banking heir and railroad magnate.<\/p>\n<\/p>\n<p>It remains unclear how long the donation will cover the troops&#8217; salaries. The Trump administration\u2019s 2025 budget asked for about $600 billion in total military compensation, according to the Congressional Budget Office.<\/p>\n<p>The $130 million donation would equal about $100 a service member, according to The New York Times.<\/p>\n<p>Mellon, a grandson of former Treasury Secretary Andrew W. Mellon, is a backer of Trump who gave tens of millions of dollars to groups supporting the president\u2019s 2024 campaign. Last year, he gave $50 million to a super PAC supporting Trump, making it one of the largest single contributions ever disclosed, the newspaper noted.<\/p>\n<p>The billionaire was not a prominent Republican donor until Trump was first elected but has given hundreds of millions of dollars in recent years into supporting the president and the GOP.<\/p>\n<p>He is also a significant supporter of Health and Human Services Secretary Robert F. Kennedy Jr., who also ran for president in 2024, first as a Democrat and later as an independent before dropping out to endorse Trump. Mellon donated millions to Kennedy\u2019s presidential campaign and has also given money to the secretary&#8217;s anti-vaccine nonprofit, Children\u2019s Health Defense, according to The New York Times.<\/p>\n<p>Despite his political contributions, Mellon has sought to keep a low profile.<\/p>\n<\/p>\n<p>In an autobiography published in 2015, Mellon described himself as a former liberal who moved from Connecticut to Wyoming for lower taxes and fewer people.<\/p>\n<p>The Pentagon said it accepted the donation under the &#8216;general gift acceptance authority.&#8217;<\/p>\n<p>&#8216;The donation was made on the condition that it be used to offset the cost of service members\u2019 salaries and benefits,&#8217; Pentagon spokesman Sean Parnell said in a statement to The New York Times.<\/p>\n<p>But the donation may be a potential violation of the Antideficiency Act, which prohibits federal agencies from spending money in excess of congressional appropriations or from accepting voluntary services.<\/p>\n<\/p>\n<div>This post appeared first on FOX NEWS<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The anonymous donor who gave $130 million to the Pentagon to pay troops during the government shutdown has been identified as Timothy Mellon, a reclusive billionaire and a major financial backer of President Donald Trump, according to a report. Trump announced the donation on Thursday, but declined to reveal the donor&#8217;s identity, only describing him&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4347,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-4346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news"],"_links":{"self":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/4346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/comments?post=4346"}],"version-history":[{"count":0,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/4346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media\/4347"}],"wp:attachment":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media?parent=4346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/categories?post=4346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/tags?post=4346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}