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June 1, 2023
OpenSecrets releases report on out-of-state donations’ rising role
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OpenSecrets has released a groundbreaking new report titled “ The Nationalization of Political Contributions and the Rising Role of Out-of-State Donations [[link removed]] .” The report explores the growing trend of political donors and activists paying attention to races beyond their home states, highlighting the impact of out-of-state contributions on political campaigns.
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Watchdog bites Ron DeSantis for alleged “soft money” campaign finance violation
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Florida Gov. Ron DeSantis may have violated federal campaign finance law when his old state-level PAC reportedly transferred tens of millions of dollars to the pro-DeSantis super PAC Never Back Down, the nonpartisan watchdog Campaign Legal Center alleges in a new complaint with the Federal Election Commission filed Tuesday morning.
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Independent Sen. Krysten Sinema continues using liberal platforms to fundraise for 2024 reelection campaign
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Sen. Kyrsten Sinema (I-Ariz.) announced her departure from the Democratic Party last December, but the first-term U.S. senator still uses platforms typically utilized by Democrats and progressives to raise money for her 2024 reelection campaign, which has yet to be formally announced.
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OpenSecrets' Chart of the Week
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This chart from our new report [[link removed]] on the rising role out-of-state donations’ on our elections shows federal candidates who raised the most money from out-of-state donors.
The first group, shown above, includes candidates like Amy McGrath and Theresa Greenfield, who generated enthusiasm among Democrats nationwide by running against polarizing incumbent Sens. Mitch McConnell (R-Ky.) and Chuck Grassley (R-Iowa) respectively but were generally seen as long-shot candidates. This group also includes candidates in high-profile competitive races like Sens. Raphael Warnock (D-Ga.), Jon Ossoff (D-Ga.) and Susan Collins (R-Maine) who attracted widespread attention due to the potential national consequences for their races.
The candidates taking the most money from in-state donors look essentially like the opposite of the above candidates. They tend to be either candidates running in large, safe states or long-shot candidates who have little chance of winning and don’t garner national attention.
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OpenSecrets in the News
See our media citations from outlets around the nation this week:
Debt Deal Includes a Green Light for a Contentious Pipeline (New York Times) [[link removed]] [[link removed]]
One of the companies behind the pipeline, NextEra Energy, is a major donor to Mr. Schumer and Mr. Manchin. In the 2022 cycle, NextEra’s employees and political action committees gave $302,600 to Mr. Schumer and $60,350 to Mr. Manchin, according to OpenSecrets.
Coinbase, Binance and Other Crypto Firms Bolstered Their Lobbying Efforts Last Year (WSJ) [[link removed]]
U.S. crypto firms boosted lobbying spending in the U.S. last year, following a rise in crypto asset prices and during a series of company collapses. Forex Suggest, using data from research group OpenSecrets, found that crypto companies spent $11.9 million last year on U.S. lobbying efforts, up from $7.7 million in 2021.
Nikki Haley slams foreign lobbyists while accepting funds from them (ABC News) [[link removed]]
"It is not uncommon for presidential contenders to make promises rejecting campaign contributions from foreign lobbyists before ultimately accepting them -- though some politicians have refunded money from foreign lobbyists after media backlash," Anna Massoglia, editorial and investigations manager at the nonpartisan research group OpenSecrets.org, told ABC News.
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Truthout [[link removed]]
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Responsible Statecraft [[link removed]]
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