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June 25, 2020
This week in money-in-politics

Trump’s cash advantage over Biden is shrinking


President Donald Trump still has a cash advantage over Democratic challenger Joe Biden, but his lead is far smaller than it was just a few months ago.

Biden raised $36 million in May compared to Trump’s $25 million. That’s the first time Biden outraised Trump in a single month this year. And Biden’s low-key, mostly virtual campaign spent just over $11 million while Trump blew through almost all of his monthly fundraising haul.

Trump’s once dominant fundraising advantage shrank last month even before protests erupted around the country over policing practices. The president’s unpopular response to those protests, and his handling of the COVID-19 epidemic, further boosted Biden’s bottom line.
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** Progressive candidates with PAC backing on the verge of victory in New York
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Progressive candidates in New York, backed by millions in outside spending from emboldened progressive groups, appear likely to clinch several high-profile primary victories as mail-in ballots continue to be counted. In four districts, progressive candidates have either won their primaries or are poised to as mail-in ballots continue to come in. Along with Rep. Alexandria Ocasio-Cortez’s (D-N.Y.) decisive reelection victory in the 14th district, newcomers in the 15th, 16th and 17th also appear strongly positioned to win.
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** Big money, controversy hit primary race to unseat Oklahoma’s lone Democrat
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A number of candidates are vying for the chance to challenge Rep. Kendra Horn (D-Okla.) in November. And the money — much like the field of candidates — is plentiful. Of 9 candidates running in Oklahoma’s 5th Congressional District Republican primary, five have raised more than half a million dollars. Republican state Sen. Stephanie Bice leads the group, having raised north of $1 million. Horn, though, has raised more than three times that of her nearest competitor.
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** Hickenlooper primary struggles the latest hiccup for Democratic establishment
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Former Colorado Gov. John Hickenlooper is the latest Democratic establishment-backed U.S. Senate hopeful to get a multi-million dollar boost from super PACs amid a heated primary battle. Reeling from ethics violations for accepting gifts as governor, Hickenlooper appears to be losing ground to former state House Speaker Andrew Romanoff, who is running as a progressive. That prompted Senate Majority PAC to spend nearly $1.5 million on ad buys supporting Hickenlooper over the last two weeks.
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Meet a new member of the OpenSecrets team:
Journalism Intern Zamone Perez.


Zamone "Z" is a sophomore journalism and ** ([link removed])
political science student at Northwestern University. Before coming to CRP, he reported on politics, policy, and the 2020 Democratic primaries for his school's Washington reporting program. He has been published in Sojourners and Market Watch. He has also served as a research assistant for Ufahamu Africa, a podcast about life and politics on the African continent.
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OpenSecrets in the News

See our media citations from outlets around the nation this week:

* ** Crowded field of challengers hopes to take on Alexandria Ocasio-Cortez, Rashida Tlaib and Ilhan Omar (CNN) ([link removed])
High levels of notoriety have earned members of "the squad" high numbers of challengers. This has led to their races being incredibly expensive, despite their lack of competitiveness.

* ** How wealthy are Kansas congressional candidates? Financial disclosures show broad range (The Kansas City Star) ([link removed])
Kansas’ 3rd Congressional District takes in the state’s wealthiest and some of its poorest communities. The field of candidates seeking to represent the district reflects that broad range on the economic spectrum.

* ** John Bolton wants to help Republicans keep the Senate, but his explosive new book makes him an outcast in the GOP (USA Today) ([link removed])
John Bolton says he wants to devote his energy (and his PACs) to helping Republicans maintain control of the U.S. Senate. They might not want the help.

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

** ABC News ([link removed])

** CNBC ([link removed])

** The Hill ([link removed])

** The Daily Mail ([link removed])

** The Columbia Missourian ([link removed])

** The Dailly Iowan ([link removed])

** The Bergen Record ([link removed])

** The Colorado Sun ([link removed])

** The Hollywood Reporter ([link removed])

** Forbes ([link removed])

** Mic ([link removed])

** Ms. Magazine ([link removed])



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