News

Trump-linked super PAC spends nearly $8 million to unseat Tom Suozzi

A newly formed group bankrolled by MAGA Inc. is saturating Long Island airwaves and mailboxes with stock-trading attacks ahead of the Suozzi–LiPetri rematch.

Rep. Tom Suozzi listens during a 2022 New York governor primary debate in New York City
Rep. Tom Suozzi listens during a Democratic primary debate for New York governor at the WCBS-TV studios on June 7, 2022. Four years later, a super PAC tied to President Donald Trump’s political operation is spending millions to unseat him in New York’s 3rd District. (AP Photo/Bebeto Matthews)

A super PAC tied to President Donald Trump’s political operation is spending nearly $8 million to help Republican Mike LiPetri unseat Democratic Rep. Tom Suozzi on Long Island, according to the New York Post., according to the New York Post.

No Going Back PAC, which can raise and spend unlimited sums so long as it operates independently of the campaigns it backs, has bought $5.7 million in television ads over three weeks and committed another $2 million to direct mail aimed at households in the district, which stretches across Nassau County’s North Shore into parts of Queens and Suffolk.

What do the ads claim?

The spots claim Suozzi voted against a ban on congressional insider trading “because he’s made over $10 million dollars trading stocks in Washington,” according to one of the PAC’s 30-second TV ads. The ad bases that figure on two of Suozzi’s financial disclosures, one filed in May 2016, months before he first won his House seat, and another filed in August 2025. Lawmakers report their holdings on those forms in broad value ranges, which makes precise gains difficult to calculate. Suozzi’s trading has drawn scrutiny before: a 2021 ethics complaint found he had failed to properly disclose roughly 300 stock trades from 2017 to 2020, valued at $3.2 million to $11 million, NPR reported.

Suozzi joined most House Democrats in opposing the Stop Insider Trading Act, which passed in July on a 232-198 vote after House Republicans attached voter-ID language from the SAVE Act, Trump’s stalled election bill. The provision served as a poison pill, a measure added to a bill to make it unpalatable to the other party so that a no vote can be turned against them on the campaign trail. Suozzi, who co-sponsors a stricter bipartisan trading ban, dismissed the GOP bill as “a watered-down version.” Senate Democrats blocked it last week over the same voter-ID provision.

What about Trump’s own trading?

Suozzi senior adviser Kim Devlin told the Post the congressman hasn’t purchased a single stock since returning to Congress in January 2025. She called the attack “the height of hypocrisy,” citing Trump’s own stock trading.

The president’s portfolio gives that charge ample footing. Trump’s assets sit outside a blind trust, and his disclosures to the Office of Government Ethics show 3,642 transactions in the first quarter of 2026 alone, worth between $220 million and $750 million combined. The Washington Post reported in May that Trump missed the STOCK Act’s 45-day filing deadline on a separate batch of Microsoft and Amazon trades and paid a $200 fine. The Trump Organization has said third-party firms manage his accounts with sole authority over investment decisions.

LiPetri, meanwhile, has made the president’s patronage the centerpiece of his candidacy. In February, Trump endorsed him as a “MAGA Warrior” in a Truth Social post that also accused Suozzi of trading on insider information and declared he should be “banned from Congress.” Devlin has cast LiPetri as a Trump loyalist who can be counted on to back the president’s tariffs and cuts to Medicare and Medicaid.

Who is behind No Going Back PAC?

The group was incorporated Sept. 1 by Charles Gantt, a Republican campaign finance operative who regularly handles paperwork for MAGA Inc., per The New York Times. Its name appears only in small disclaimer text at the bottom of its ads, and its website says only that it supports candidates who “share the values of the founders and funders.”

The group hasn’t disclosed its donors, but The Times has confirmed that MAGA Inc., Trump’s main super PAC, is primarily funding it, NBC News reported. Along with a sister group, the Safety and Affordability PAC, No Going Back has booked more than $150 million in new advertising across dozens of races since September, according to NBC’s analysis of AdImpact data.

Because of when it was formed, the group won’t have to reveal its funders until mid-October, The Times reported.

How close is the race?

The contest is a rematch. Suozzi defeated LiPetri 51.7% to 48.1% in 2024, and major forecasters rated the race as “Lean Democratic” as of July, according to Ballotpedia.

Both parties view the seat as pivotal to control of the House, and roughly $19 million is expected to pour into the race, CBS New York reported on Oct. 3. By then, Trump-aligned super PAC spending on ads and mail in the district had reached $11 million, CBS New York reported.

Appearing on CBS’ “The Point with Marcia Kramer,” Suozzi cast his opponent as “100% all MAGA,” arguing that voters facing soaring prices want a representative willing to exercise independent judgment. LiPetri countered that he has split with Trump on abortion, describing himself as pro-choice, and pointed to his support from unions.

No Going Back is also spending to help Republican challenger Jeanine Driscoll unseat Democratic Rep. Laura Gillen in the 4th District and to protect Rep. Mike Lawler (R-Hudson Valley) against Democrat Cait Conley in the 17th, the Post reported.

The LiPetri campaign, the Suozzi campaign, and No Going Back PAC did not respond to Courier New York’s requests for comment.

Correction, Oct. 8, 2026: An earlier version of this story incorrectly stated that No Going Back PAC’s ad cited no source for its $10 million figure. The ad attributes the figure to Suozzi’s financial disclosures filed in 2016 and 2025. The story also misattributed $11 million in spending reported by CBS New York to No Going Back PAC; CBS attributed that figure to Trump-aligned super PAC spending without naming a specific group. The story has been updated.

Keep Courier New York free for everyone

If you found this story useful, would you consider supporting Courier New York?

Every day, our team works to provide New Yorkers with free, fact-based reporting about the issues, policies, and decisions shaping life across the state. We believe everyone deserves access to trustworthy local news—not just those who can afford a subscription.

That's why you'll never hit a paywall here (though we may ask you to sign up for our newsletter). But keeping our journalism free depends on readers who believe informed communities are worth investing in.

If our reporting has helped you better understand what's happening in New York, please consider making a donation today. Every contribution helps us continue reporting, informing, and serving communities across the state.

Audrey Kemp
Audrey Kemp Political Correspondent
Support our team

Categories: ,

Authors

  • Audrey Kemp is the political correspondent for Courier New York. Based in Brooklyn, she covers the issues that matter to everyday New Yorkers, including immigration, labor, housing, and healthcare. A graduate of UC Irvine, where she studied literary journalism, Audrey is passionate about telling stories that capture how policy shapes daily life.

    She has covered a range of beats over her career, including corporate social responsibility at Adweek and The Drum, and got her start as a music journalist in Los Angeles.

    A native of Southern California and the child of immigrants, Audrey feels a deep tether to New York and has made it her mission to pour into the communities that call it home.

    Have a story tip? Reach Audrey at audrey@couriernewsroom.com. For local reporting that connects the dots, from policy to people, sign up for her free newsletter here.