political fundraising

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10 Days Ago, the End Was Nigh for Castro. Then He Made Bank

Candidate is staying in 2020 presidential race after campaign surpasses $800K fundraising goal

(Newser) - On Oct. 21, former HUD Secretary and now Democratic presidential candidate Julian Castro sent a dire-sounding email to supporters , declaring that if he couldn't raise $800,000 by month's end, he'd have to throw in the towel on his run for the Oval Office. On Friday, news... More »

He 'Bundled' for Obama, Hillary. Then He Gave $900K to Trump

Prolific political fundraiser Imaad Zuberi to plead guilty to tax evasion, hiding work as foreign agent

(Newser) - A prolific political fundraiser who raised millions of dollars for Democrats before donating large sums to President Trump's inaugural committee has agreed to plead guilty to multiple federal charges, including tax evasion and concealing his work as a foreign agent as he lobbied high-level US government officials, the Justice... More »

Sanders Rocks It With Q3 Fundraising

And Pete Buttigieg slips from last quarter's impressive haul

(Newser) - Polls—what polls? With Elizabeth Warren edging Joe Biden in the polls, Bernie Sanders announced Tuesday an impressive third-quarter haul that beats Warren's first and second quarters combined, ABC News reports. And that's without Sanders tapping the big-money, private events that Biden, Pete Buttigieg, Kamala Harris, and others... More »

Amy McGrath's First 24 Hours Were Extremely Lucrative

When it comes to Democratic Senate candidates, the most lucrative ever

(Newser) - On Tuesday, Democrat Amy McGrath announced she was going toe-to-toe with Mitch McConnell. On Wednesday, her campaign announced it pulled in $2.5 million in the first 24 hours—a record for a Democratic Senate campaign by a long shot. The Democratic Senatorial Campaign Committee says the previous record-holder was... More »

Trump's Single-Day Fundraising Tally Is Big

RNC says $24.8M raised in less than 24 hours

(Newser) - He may not be leading in polls like this one , but President Trump is way ahead of the pack of 2020 presidential contenders when it comes to fundraising. On the heels of the official launch of his re-election campaign, Republican National Committee Chairwoman Ronna McDaniel tweeted Wednesday that Trump "... More »

He Raised $7M in 3 Months. Now $7M More, in Just One

Presidential candidate Pete Buttigieg takes in massively impressive haul in April

(Newser) - Pete Buttigieg seemingly came out of nowhere when he entered the 2020 race, and Politico points to a new development as evidence of his "explosive rise" since. When the mayor from South Bend, Ind., first jumped into the presidential fray, he raised $7 million during his first three months... More »

Sanders' Fundraising Team Should Be Celebrating

Campaign raised a whopping $5.9M in 24 hours

(Newser) - Front-runner, indeed . Just 24 hours after officially kicking off his campaign for president, Bernie Sanders has lined his pockets with $5.9 million raised from more than 225,000 donors, according to the Vermont senator's campaign. The New York Times reports the tally is "not unexpected" but... More »

'Beyond Surprising': Beto Breaks Fundraising Records

He raises $31.8M in 3 months in tight race against Ted Cruz

(Newser) - Small-dollar donations have been the hallmark of the campaign of US Senate candidate Beto O'Rourke, who hasn't accepted PAC money in his attempt to grab Ted Cruz's Texas Senate seat. But like snowflakes that form an avalanche, all those more modest donations have converged to become what... More »

Anti-Collins Groups: As She Spoke, the Cash Poured In

Activists say they now have more than $3M to offer to the Maine senator's 2020 opponent

(Newser) - She was deemed the Democrats' "last big hope" to derail the confirmation of Brett Kavanaugh as Supreme Court justice. But as it became clear Friday during Susan Collins' 45-minute-long speech on the Senate floor that Maine's GOP senator was going to greenlight Kavanaugh, money started flowing in to... More »

Obama: Look for Solutions, Not Saviors

'Don’t wait to feel a tingle in your spine because you’re expecting politicians to be so inspiring'

(Newser) - Former President Obama, who has been largely absent from the political stage since leaving office, reemerged this week at a Democratic fundraiser in Los Angeles and delivered a pointed message to Democrats: calm down and start looking for solutions, reports the Los Angeles Times and Politico . “All these people... More »

Trump Campaign's Cash: $1.29M, to Hillary's $42M

Clinton outraised him 9 to 1 in May

(Newser) - Donald Trump's campaign is so low on cash it wouldn't be considered a high roller at one of his casinos, according to financial disclosures released late Monday. The Trump campaign began June with just $1.29 million in cash, compared to $42 million for Hillary Clinton's well-heeled... More »

Clooney: Rid Politics of Big Money, So I Don't Have to Raise It

Actor raised 'obscene' amount of money for Hillary Clinton this weekend

(Newser) - George Clooney would like to get big money out of politics—so he doesn't have to raise it. As the AP reports, Clooney hosted two weekend fundraisers in California on behalf of Hillary Clinton. Donations for attendees at an event in San Francisco topped out at $353,000 per... More »

Campaign Emails Are the Worst of American Politics

They're deceitful, greedy, and they prove campaigns think we're stupid: John Dickerson

(Newser) - Anyone who's had the misfortune to end up on an email list from any political party knows the drill: Maybe a subject line of something like, "Hey," followed by an oh-so personal appeal from the president himself, or the House leader, or maybe Barbra Streisand, the sender... More »

Is This America's Most Republican Company?

Flowers Foods' giving more lopsided than the Koch Brothers'

(Newser) - Want to see a company that makes Koch Industries look bipartisan? Look no further than Flowers Foods. The Georgia-based maker of Wonder Bread has given 99.5% of its political contributions since 1979 to Republicans, Derek Willis at the New York Times points out, possibly the most lopsided total of... More »

IRS Targets Secret Campaign Cash

Administration looks to limit big-spending groups' political activity

(Newser) - The IRS and Treasury Department are looking to crack down on 501(c)4 groups—tax-exempt organizations that spent a reported $309 million in last year's election without having to reveal their donors. The groups (which the IRS code defines as promoting "the common good and general welfare") are... More »

As GOP Eyes 2014, Tea Partiers Sit on Wallets

Party sees 'total split': insider

(Newser) - The divide between the Republican establishment and the Tea Party is growing wider, analysts say. Case in point: Politico reports that eight of the 20 most ardent members of the House pro-shutdown faction haven't given a red cent to the National Republican Congressional Committee, though midterm election are looming.... More »

You've Never Heard of GOP's Biggest Money Machine

Freedom Partners spent $250M, and there are Kochs involved

(Newser) - The biggest single donor to conservative groups in the last election cycle was a group that, until today, was all but unknown. Freedom Partners spent $250 million in the 2012 race, according to a soon-to-be-filed tax document the group provided to Politico , more than any one group. All of that... More »

Dead People Have Donated $586K to Politicians

And some people want those donations to be unlimited

(Newser) - Last week, someone noticed that a super PAC loyal to Mitch McConnell had gotten a $100,000 contribution from GOP mega-donor Bob Perry on June 3, which seemed odd given that Perry died back on April 13. The PAC later said there had been a clerical error, and that it... More »

Supreme Court to Consider Campaign Donation Limits

Case challenges the limit on how much an individual can give

(Newser) - The Supreme Court will hear a challenge to a campaign finance law that limits how much an individual can give to political campaigns. The justices today decided to hear an appeal from Shaun McCutcheon of Alabama and the Republican National Committee. They're arguing that the "aggregate limit" is... More »

Zuckerberg's New Friend: Chris Christie

Facebook founder to hold fundraiser for New Jersey governor

(Newser) - Mark Zuckerberg will host a fundraiser for Chris Christie next month, in perhaps the Facebook founder's most overt display of his political leanings to date. Zuckerberg and Christie apparently hit it off when Zuckerberg donated $100 million to Newark's school system, USA Today reports. "They have maintained... More »

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