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☆ Kamala Harris has raised $1 billion since launching presidential campaign
▼ + stars: | 2024-10-09 | by ( Fredreka Schouten | Edward-Isaac Dovere | ) edition.cnn.com time to read: +2 min

CNN —Vice President Kamala Harris’ political team has raised $1 billion since entering the presidential race in late July, two sources familiar with the figure told CNN – marking a massive fundraising milestone in her campaign against former President Donald Trump. Other presidential candidates, alongside their political parties, have exceeded the $1 billion mark in past elections. The Harris campaign declined to comment. Presidential campaigns will report full details of their September fundraising and spending to the Federal Election Commission later this month. The $1 billion figure for Harris was first reported by NBC News.

Persons: Kamala Harris ’, Donald Trump, Harris, “, ”, Sarah Bryner, OpenSecrets, Trump, Elon Musk Organizations: CNN, Democratic, Federal, Commission, Republican Party, Trump, Make, Inc, Elon, NBC News

18-22 View All 11 ImagesMeanwhile, Trump's campaign – and the national Republican Party – are having cash problems of their own. President Joe Biden's campaign raised $21.3 million in February – almost twice the $10.9 million Trump's campaign raised during the same period, according to filing with the Federal Election Commission. The Democratic National Committee also outraised its counterpart, with the Democratic group pulling in $16.6 million in February, compared to the $10.7 million the Republican National Committee raised in the same period. The amounts for both parties and candidates do not include money raised by outside groups or coordinated committees on behalf of each candidate. Big donors might be reluctant to contribute money to a Trump or GOP committee if they think it will go to pay Trump's private legal bills.

Persons: Donald Trump, Trump, boastful Trump, Letitia James, –, Republican Party –, Joe Biden's, Richard Lau, Lau, Biden, “, I’m, ” Biden, Donald, ’, it's, Sarah Bryner, Bryner, Donald Trump Jr Organizations: Republican National Committee, Republicans, Republican Party, Federal, Commission, Democrat, Trump, Democratic National Committee, Democratic, Save America PAC, RNC, Republican, GOP, Rutgers University, Biden –, Responsive, Trump Media, Acquisition Corporation Locations: New York, Dallas

☆ Emails show how a right-wing group steers GOP leaders on major policy issues
▼ + stars: | 2024-03-17 | by ( Bob Ortega | Daniel Medina | ) edition.cnn.com time to read: +18 min

Missouri Secretary of State Jay Ashcroft speaks with reporters on Jan. 23 in Jefferson City, Missouri. In Wyoming, a GOP state senator forwarded an FGA draft bill to Secretary of State Chuck Gray that would prohibit sending out unsolicited absentee ballot request forms. Emails show the group strategized with the secretary of state’s office for weeks leading up to Ashcroft proposing his own such rule last January. FGA notches wins with weakened child labor lawsFGA’s lobbying group, The Opportunity Solutions Project, spearheads its efforts at the state level. Chip Somodevilla/Getty ImagesFGA also continues its push at the state level across the country to enact its policy priorities.

Persons: State Jay Ashcroft, “, Ashcroft, Kacen Bayless, FGA, –, Chuck Gray, ” Gray, Gray, ”, Joe Biden’s, Jay, Daniel Garrett, Garrett, “ It’s, Missouri’s, Scott Fitzpatrick, BlackRock, ” Fitzpatrick, Mark Felix, Fitzpatrick, ALEC, Andy Puzder, Carls Jr, ” Puzder, Kristina Shelton, Puzder, ” Kristina Shelton, they’ve, Tarren Bragdon, Rebecca Burkes, It’s, Tyson, ’, Bragdon, Sarah Bryner, Florida Governor Ron DeSantis, Paul Renner, Donald Trump, Chip Somodevilla, Shelton, ” Shelton Organizations: CNN, State, Republican, Foundation, Government, Missouri, Kansas City Star, Tribune, Service, GOP, Ashcroft, Conservative, Missouri Chamber of Commerce, National, University of Pennsylvania, Brookings Institution, Exxon, BlackRock, ” BlackRock, Energy, ExxonMobil, Washington Post, American Legislative Exchange Council, Heritage Foundation, Heritage, Boston, Wisconsin Democratic, FGA, Solutions, Tyson Foods Inc, George’s Inc, US Department of Labor, Solutions Project, Daily, The Heritage Foundation, Alliance, Trump, Florida Governor, Bragdon, Florida House, House, FBI, Justice Department, Department of Education, Center, Pleaides Locations: Missouri, Texas, Jefferson City , Missouri, Wyoming, Kansas , Indiana, BlackRock, Florida, ExxonMobil Baytown, Baytown , Texas, Washington, ” Wisconsin, Wisconsin, Arkansas, Iowa, Park City , Utah, DeSantis, Rome , Georgia

☆ Inside Ken Griffin's rise to one of Wall Street's most powerful people, and why politics could be next
▼ + stars: | 2023-01-23 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +30 min

JB and I are not on speaking terms these days," said Ken Griffin, the billionaire hedge-fund manager, referring to JB Pritzker, the Democratic governor of Illinois. As Florida rolled back pandemic restrictions more quickly than Chicago, even more Citadel employees migrated south. Ken Griffin's hedge fund has had a run of eye-popping returns since 2020. Others worry that it gives Griffin's hedge fund an unfair advantage. Hundreds of Citadel employees, partners, and families gathered at the Orange County Convention Center in Orlando Florida.

☆ Factbox: How Wall St and billionaires have donated to U.S. elections
▼ + stars: | 2022-11-08 | by ( John Mccrank | ) www.reuters.com time to read: +4 min

Prior to the U.S. Supreme Court's 2010 Citizens United ruling, which struck down limits on political contributions by corporations or unions, political contributions of billionaires made up around 3% of overall political contributions, she said. Griffin said in a statement: "I hope that my political engagement will help to protect the American Dream. * Crypto-billionaire Sam Bankman-Fried of FTX was the sixth-largest donor, at $39.8 million with the vast majority going to help Democrats. * Elliott Management founder Paul Singer spent $19.7 million to support Republicans, making him the 15th-largest donor. * Renaissance Technologies founder Jim Simons, together with Marilyn Simons, were the 20th-largest donors, spending nearly $16 million to help Democrats.

☆ $16.7 billion: Election 2022 will be the most expensive midterm in US history, and it isn't even close
▼ + stars: | 2022-11-03 | by ( Madison Hall | ) www.businessinsider.com time to read: +4 min

Election 2022 will be the most expensive midterm ever, nonpartisan research group OpenSecrets predicts. Federal- and state-level election spending combined will exceed the annual budgets of some US states. Taken together, the $16.7 billion includes spending by political candidates, party committees, political action committees, super PACs, and other organizations advocating for or against candidates or ballot measures. She further noted that individual campaign contributors led the charge this election cycle. During the 2017-2018 election cycle, PACs donated $194 million to candidates.

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