Foreign billionaires funnel $2.6B to US advocacy groups to influence policy, watchdog report claims

Conservative watchdog says six foreign entities routed more than $2.65 billion into U.S. politics through nonprofit grants, a loophole it warns is "virtually unchecked."

Six foreign entities have funneled more than $2.65 billion into American politics, according to a new report by conservative watchdog Americans for Public Trust (APT), which highlights a loophole that APT says allows foreign nationals to funnel money to influence American politics "virtually unchecked."   

Foreign nationals are prohibited from donating directly to political campaigns, but money supporting U.S. candidates for office or their viewpoints can also come from 501(c)(3) and (c)(4) nonprofits.