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Campaign Finances

All articles tagged with #campaign finances

politics2 years ago

Presidential campaign fundraising: Biden and Trump dominate, while Williamson struggles

Marianne Williamson's presidential campaign is struggling financially, as she spent more than she raised in the third quarter, bringing in just $821,000 and spending over $825,000. The campaign is also in debt, with $347,000 owed. Staff turnover has been a significant issue, with six staffers leaving and public criticism of Williamson's management style. Despite increased campaign travel, Williamson's poll numbers have remained low, averaging around 4 percent. She has loaned the campaign $220,000 but did not contribute more in the third quarter.

via POLITICO|
#campaign-finances#democratic-primary#low-poll-numbers
politics2 years ago

Accountant of George Santos to Plead Guilty in Federal Inquiry

Nancy Marks, the accountant who managed the finances of Representative George Santos's political campaigns, has agreed to plead guilty to federal felony charges. Marks, who has handled the finances of prominent Republicans in New York, including Santos, has faced allegations of wrongdoing. It remains uncertain how this will impact Santos, who is already facing charges of wire fraud, money laundering, stealing public funds, and lying on federal disclosure forms. Santos has consistently denied involvement in his campaign's finances, placing the blame on Marks. Marks is expected to formally enter her guilty plea in federal court on Thursday.

via The New York Times|
#campaign-finances#federal-inquiry#george-santos
politics2 years ago

Trump and DeSantis Dominate Fundraising and Campaign Efforts in Iowa

Former President Donald Trump's campaign announced that it raised $45.5 million from July through September, tripling the amount raised by his closest rival, Florida Governor Ron DeSantis. The significant fundraising haul gives Trump a critical financial advantage as the 2024 campaign heats up. Trump's campaign stated that he entered October with $37.5 million on hand, while DeSantis's campaign reported raising $15 million in the quarter and having only $5 million available for the primary race. The figures suggest that DeSantis's candidacy may be in jeopardy, as his campaign has faced challenges and fallen behind in the polls.

via The New York Times|
#2024-election#campaign-finances#donald-trump
politics2 years ago

"DeSantis' Campaign Finances: Warning Signs, Advisers Depart, and Potential Charges"

Florida Governor Ron DeSantis, a Republican presidential candidate, has burned through $7.9 million in campaign funds in his first six weeks, raising concerns about the financial viability of his campaign. While DeSantis raised a total of $20.1 million, the majority came from donors who gave the legal maximum and cannot donate again. Additionally, he has fired a dozen staffers as a cost-cutting measure. DeSantis finished June with $12.2 million in the bank, but $3 million of that can only be used in the general election. Despite having a super PAC that has raised $130 million, sustaining the campaign on smaller donations remains a challenge. Other Republican candidates are also struggling to raise significant funds, with former President Donald Trump leading the pack.

via NBC News|
#campaign-finances#financial-strain#fundraising
politics2 years ago

Trump's Campaign Rakes in $35 Million in Latest Fundraising Quarter

Former President Donald Trump's joint fundraising committee raised $35 million in the second quarter of this year, demonstrating his continued dominance within the field of GOP contenders for president. The money was divided between his official campaign and his leadership PAC, Save America, with the exact allocation not yet disclosed. The average donation to the campaign was $34, reflecting strong grassroots support for Trump. This fundraising total is more than double what he raised in the first quarter and highlights his accelerated fundraising despite ongoing legal troubles. Trump faces multiple charges and investigations, but his supporters remain loyal, contributing to his campaign and post-presidency PAC.

via The Washington Post|
#2024-presidential-election#campaign-finances#donald-trump
politics2 years ago

George Santos' Campaign Fund in Turmoil Despite Donations.

Rep. George Santos (R-NY) has had a net loss of $3,000 in his campaign finances so far this year, according to Federal Election Commission filings. Despite calls from within his own party to resign over his widespread deceptions during the last campaign, Santos hasn't ruled out running for a second term. Santos raised about $5,300 in the first three months of 2023 but refunded roughly $8,300 to donors during the same period, leaving him with $25,000 cash on hand going into April. Santos also owes $715,000 from loans he reported making to his campaign last cycle.

via Axios|
#campaign-finances#election#george-santos