From Open Secrets:
Major Republican donors — some of whom who saw their chosen presidential candidates crash and burn in the last six months — dropped serious money into House Speaker Paul D. Ryan‘s joint fundraising committee (JFC) in November and December, campaign finance records show.
Marquee 2016 donors like Diane Hendricks and Marlene Ricketts, who both gave millions to the super PAC backing Wisconsin Governor Scott Walker before his campaign sputtered and died last fall, and 2014 megadonor Cliff Asness each gave $244,200 to Ryan’s JFC, Team Ryan.
Twenty donors gave the committee more than $100,000 apiece, for a sum of about $2.9 million. The JFC received about $2.7 million more from other large donors and corporate political action committees.
Team Ryan split the funds between its three partners. Records show $2.9 million went to the National Republican Congressional Committee, $830,372 was transferred to Ryan for Congress and $508,048 made its way to Ryan’s leadership PAC, Prosperity Action
That’s how a JFC works since the Supreme Court removed certain contribution limits in 2014: Major donors use them as a simple way to cut a check to multiple lawmakers or political committees at once. Ricketts, Hendricks and Asness — a wife and a widow of successful businessmen and a hedge fund manager, respectively — each gave $244,200 to Team Ryan. Had they instead sent the funds directly to candidates, they would have written a lot of checks: Each could have maxed out to 24 Republican lawmakers in both their primaries and their general election contests in 2016. (Prior to the…