The Surprising Rewards of Crony Capitalism

The Presidential Medal of Freedom, the nation’s highest civilian honor, may have lost some of its luster after the announcement of its most recent recipient.

The Adelsons in recent months have emerged as the Republican Party’s biggest financial backers, contributing more than $113 million to GOP causes during the 2018 election cycle.

The Presidential Medal of Freedom is bestowed upon those who have made “especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors,” according to the White House.

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