Report: Elizabeth Warren Using ‘Stockpile’ of Big Donor Money to Cushion Presidential Bid

Breitbart | 9/9/2019 | Staff
OmnistaOmnista (Posted by) Level 3
Click For Photo:

Sen. Elizabeth Warren (D-MA) is using millions of leftover funds from her 2018 Senate bid – when she happily courted big donors – to cushion her presidential campaign, according to a report from the New York Times.

Warren has prided herself on refusing to entertain big donors. She has been largely successful without them, raising $19 million in the second quarter without the help of big donor-hosted fundraisers. However, to say that she is not benefitting from her previous days of courting millionaires and billionaires in Hollywood and Silicon Valley would be – at best – dishonest, according to a report from the New York Times.

Massachusetts - Senator - Fundraising - Events - Senate

The Massachusetts senator attended big fundraising events for her Senate reelection bid in 2018, and while she has declined big donor involvement in her presidential bid, she reportedly transferred $10.4 million in “leftover funds from her 2018 Senate campaign to underwrite her 2020 run.”

Ultimately, Warren’s $10.4 million cushion gave her more flexibility, allowing her to get ahead of other candidates, some of whom are still struggling to get their campaigns off the ground.

Critics - Hypocrite

Some critics say it makes her a hypocrite.

According to the Times:

Ms - Warren - Polls - Populist - Anti-corruption

As Ms. Warren has risen in the polls on her populist and anti-corruption message, some donors and, privately, opponents are chafing at her campaign’s purity claims of being “100 percent grass-roots funded.” Several donors now hosting events for her rivals organized fund-raisers for her last year.

“Can you spell hypocrite?” said former Gov. Ed Rendell of Pennsylvania, who contributed $4,000 to Ms. Warren in 2018 and is now supporting former Vice President Joseph R. Biden Jr.

Mr - Rendell - Donors - Fund-raising - Dinner

Mr. Rendell said he had recruited donors to attend an intimate fund-raising dinner for Ms. Warren last year at Barclay Prime, a Philadelphia steakhouse where the famed cheesesteak goes for $120. (The dish includes Wagyu rib-eye, foie gras, truffled cheese...
(Excerpt) Read more at: Breitbart
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!