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Charles Koch Says Many in the Country Are ‘Abandoning’ Its Principles

The New York Times's profile
The New York Times
12h ago

Charles Koch, the influential billionaire and conservative donor, made a rare public appearance to receive an award from the Cato Institute, where he subtly criticized current Republican policies under President Trump without directly naming him. Koch lamented the abandonment of libertarian principles amid the chaos and conflict in modern politics, noting that such a departure from core values leads to a loss of freedoms. Despite his diminished political influence since Trump's rise, Koch remains financially influential, with his super PAC spending substantial sums in recent election cycles. He has openly disagreed with Trump's policies, notably the tariffs and protectionism, and has attempted to support alternative Republican candidates, such as Nikki Haley. At nearly 90 years old, Koch continues to advocate for free-market principles and has shifted much of his public engagement to his son, Chase Koch, although he remains a prominent figure in conservative circles.

Charles Koch Says Many in the Country Are ‘Abandoning’ Its Principles

Charles Koch made a notable public appearance at the Cato Institute to accept an award, where he subtly critiqued Republican policies under President Trump, focusing on the departure from libertarian ideals without directly mentioning Trump.

Koch emphasized the importance of adhering to core principles, warning that their abandonment amid political chaos inevitably leads to diminished freedoms, reflecting his disapproval of protectionist policies like tariffs.

Once a significant force in Republican politics, Koch's influence has waned with Trump's ascension, yet he continues to wield considerable financial power, with his super PAC spending nearly $180 million in recent election cycles.

Koch has openly contested Trump's policies, notably advocating for the renewal of the 2017 tax cuts and supporting Nikki Haley's unsuccessful bid for the Republican nomination in 2024, demonstrating his ongoing political engagement.

Despite his advanced age, Koch remains active in promoting libertarian values, transitioning much of his public role to his son, Chase Koch, yet still engaging in occasional public appearances and speeches.

Koch's net worth is approximately $66 billion, making him one of the wealthiest individuals globally, and his company, Koch Inc., is the second-largest privately owned company in the United States.

Koch's speech, interrupted by protesters, showcased his resilience and continued commitment to his beliefs, as he perceives opposition as validation of his principles.

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