HomeUncategorized7/1 News Roundup & Open Thread – Sanders’ Ice Cream Socials, Progressive Groups Pressures 2020 Dems to Take Stand Against “AIPAC-Created Status Quo” & More
newest oldest most voted
Notify of


The $47 average is for contribution. Per donor it’s around $80.


Mayor Pete Buttigieg of South Bend, Ind., raised $24.8 million over the past three months, his campaign said on Monday, a head-turning total that is likely to be among the largest disclosed by any of the Democratic presidential candidates for the second quarter of the year.

Mr. Buttigieg’s haul, from more than 294,000 donors, is the clearest indicator yet of how a candidate who only months ago was little known among voters has become a formidable contender in the race for the Democratic nomination.

His strong fund-raising gives him the financial resources to build a robust campaign operation and compete with rivals who entered the race as far better-known figures, such as former Vice President Joseph R. Biden Jr., who is also expected to report a big fund-raising total for the quarter.

Mr. Buttigieg had more than 230,000 new donors in the quarter, bringing his total number of donors during his presidential bid to more than 400,000, his campaign said. The average contribution over the course of his campaign has been $47.42, according to his team.

His campaign said it now had more than $22.6 million in cash on hand.



Investors are pondering where to put their money this week after the sudden decline in the assessed value of presidential candidate Joe Biden.

On Wall Street and in other corporate quarters where financiers were heavily invested in Biden, hopes have eroded in recent days amid reduced investor confidence. Some prominent donors began to openly question the wisdom of devoting more capital to the national marketing campaign for the former vice president.

After the leading blue chip closed sharply lower at the end of last week, even declaring “my time is up,” many top investors felt overexposed and looked for shelter. Gathering new topline data and considering several prospectuses that had been previously submitted, investors are now reassessing assets and liabilities as well as potential growth in market share during the next quarter and beyond.

Venture capitalists, hedge fund managers, powerful CEOs and other wealthy individuals — sensing a political emergency that may require swift and decisive action — are moving to widen financing spigots for Kamala Harris. With contingency planning, there is elevated interest in Pete Buttigieg. One previously hot startup, Beto O’Rourke, is now considered to be too underperforming to warrant reinvestment.

The overarching goals are to quickly shore up capitalization of aligned political products and to implement sustained brand enhancement. While great appreciation remains for Biden’s nearly five decades of massive financial benefits to investors, some have concluded that he is now unreliable in view of current political turbulence.

Yet Biden is hardly in penny-stock territory. Many rich investors remain bullish on the former vice president.Politico reported Sunday that “sources say Biden walked away with a $1 million haul after two fund-raisers in San Francisco alone this weekend.” One of those gatherings drew about 200 wealthy guests to the backyard of a former Twitter vice president for global media, Katie Jacobs Stanton.



Not to mention it’s easier just to go to fundraisers and TV forums rather than establishing a game ground.




Skip to toolbar