Also: Trump endorses a controversial drug, and the energy industry seeks aid

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April 9th, 2020
This week in money-in-politics

Bernie Sanders’ small-dollar fueled campaign comes to an end


Sen. Bernie Sanders (I-Vt.) dropped out of the presidential race Wednesday, ending his second White House bid, which revolutionized the way political candidates raise money and talk about wealthy campaign donors.

Sanders’ exit comes weeks after he ceased all fundraising activities for his campaign and raised over $2 million for charities providing resources amid the coronavirus outbreak. With former Vice President Joe Biden set to challenge President Donald Trump, 80 percent of Sanders supporters said they would back Biden, 15 percent said they would vote for Trump.
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** ‘Dark money’ groups pushed Trump to back unproven COVID-19 treatment
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A conservative “dark money” group that received funding from the pharmaceutical industry’s largest trade organization pushed President Donald Trump to use unproven antimalarial drug hydroxychloroquine to treat COVID-19. Last month, the conservative nonprofit group Job Creators Network and health care nonprofit Physicians for Reform launched a campaign urging Trump to make hydroxychloroquine available to treat COVID-19 patients.
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** Republican lawmakers urge Trump to give oil producers a boost
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President Donald Trump is expected to meet with executives from major oil and gas companies at the White House as oil prices plummet to their weakest in almost two decades. With the industry facing losses due to low demand amid the coronavirus outbreak and competitive prices from Russia and Saudi Arabia, Trump is hosting officials from ExxonMobil, Chevron Corp. and Continental Resources, among others.
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** Vulnerable lawmakers, Trump allies get the most campaign cash from their colleagues
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Republicans in safe seats are helping boost fundraising for endangered colleagues in the House and Senate through their campaign committees and leadership PACs. Leadership PACs are committees created by current and former members of Congress to support other candidates as well as pay expenses that campaign committees and congressional offices can’t.
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OpenSecrets in the News

See where we've been cited by media outlets around the nation this week:

* ** How Tech’s Lobbyists Are Using the Pandemic to Make Gains (The New York Times) ([link removed])
Silicon Valley hasn’t suffered from the same financial devastation as other industries. Tech companies still have an agenda to push.

* ** Small-Dollar Donors Powered the 2020 Race. Then the Pandemic Happened. (Mother Jones) ([link removed])
The 2020 race was shaping up to be a banner election for small donors. That was before the coronavirus pandemic sparked a national crisis, abruptly halting the US economy and throwing millions of those small donors out of work.

* ** Biden and the DNC start to lay the groundwork for a joint fundraising effort to take on Trump (CNBC) ([link removed])
The Democratic National Committee is planning to hold talks with Joe Biden’s campaign about how the two organizations will work on a joint fundraising effort.

** The Wall Street Journal ([link removed])

** Bloomberg ([link removed])

** HuffPost ([link removed])

** New Mexico State Public Media ([link removed])

** The New Jersey Globe ([link removed])

** Agri-Pulse ([link removed])

** Jewish Press ([link removed])

** The Telegraph ([link removed])

** Directorio Cubano ([link removed])



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