14:45 GMT30 November 2020
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    Despite generally supporting the Republicans, the Koch brothers recently announced that they have launched a major campaign against Trump's trade agenda and import tariffs, sparking fury in the White House.

    President Trump's former Chief Strategist Steve Bannon has warned all Republican candidates against using money from the Koch brothers' network. He claimed that otherwise, they risk facing consequences.

    "You take Koch money, it's going to be toxic. We are going to let people know that if you take Koch money there's a punishment," Bannon said in an interview with CNBC.

    Bannon explained that taking funds from people who "are against the president" equals putting a knife in Trump's back. He added that people who do so "are going to pay."

    The former White House strategist did not elaborate on how exactly those taking money from the Kochs would be punished or how the administration is going to take on the brothers' network, but he assured that they would be held "accountable." He also labeled the Koch brothers' network a "total scam" and a "con job," blaming the two for a lack of transparency regarding their benefactors.

    READ MORE: Koch Brothers-Funded Political Groups Declare War on Trump's Tariff Policies

    The conflict between the White House and the Koch brothers started after several subsidiaries of their network declared that they will be fighting Trump's trade agenda, specifically his import tariffs.

    In a Twitter response, Trump labeled the Koch brothers "globalists" and accused them of trying to protect their overseas companies from being taxed. He also called them "nice guys with bad ideas."

    READ MORE: Trump: 'Globalist' Koch Brothers Want to Protect Firms Outside US From Taxes

    The Koch brothers control Koch Industries, the second-largest privately owned company in the US. Their network is backing GOP Senate candidates in Wisconsin, Missouri, Tennessee and Florida, but recently declined to support Republican Kevin Cramer, who is running for a Senate seat for North Dakota, currently held by a Democrat.


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    money, funding, Republicans, GOP, Steve Bannon, Charles Koch, David Koch, US
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