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Your weekly newsletter on money in politics.
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September 27th, 2019
This week in money-in-politics
Fossil fuel industry continues to dwarf environmental interests in election-related spending
[link removed] a global climate strike over the weekend, climate activists in Washington, D.C., raged on and flooded the district Monday as the United Nations Climate Action Summit took place in New York.
Participating groups issued several demands, including the passage of the Green New Deal, the halt of deforestation by 2030 and an end to fossil fuel extraction. The protest, dubbed “Shut Down D.C.,” aimed to bring the city to “a gridlocked standstill.”
While the protesters may have successfully shut down downtown D.C.’s rush-hour traffic, environmental advocacy groups cannot shut down — or even rival — the fossil fuel industry’s multi-million-dollar spending to shape energy policies.
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** Big Pharma invests millions as Congress readies drug pricing bills
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As millions of Americans skip their medication due to the ballooning high prescription costs, Congress is seeking ways to cap drug pricing. The legislative effort, however, touched a nerve in the deep-pocketed pharmaceutical industry. Big Pharma’s largest trade group, along with its front groups and conservative organizations that receive funding from the industry, pushed back with millions of dollars of spending. Read more ([link removed])
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** Which 2020 Democrats get the most campaign cash from wealthy donors?
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Wealthy donors have an abundance of options to choose from in the loaded Democratic presidential primary. But for the most part, they’re sticking with a small handful of White House hopefuls. Three candidates consistently rank among the top recipients from those in typically high-paying jobs, according to an OpenSecrets review of campaign contributions including small amounts given through the fundraising service ActBlue. Read More ([link removed])
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** Trump’s Ukraine call raises questions about campaign finance rules on foreign interference
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President Trump acknowledged this weekend that he discussed former Vice President Joe Biden and his son during a July phone call with Ukraine’s president, leading critics to question whether Trump is courting foreign interference ahead of the 2020 presidential election. Trump reportedly urged him to investigate his potential 2020 opponent over an unsubstantiated claim that Biden blocked a Ukrainian investigation into his son’s business dealings. Read More ([link removed])
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Totals to 2020 Democrats by Sector, Select Industry & Gender
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Where are the top 2020 Democratic candidates getting their money? Is Bernie Sanders getting the most from those who work in the Agribusiness sector? Is Elizabeth Warren popular with Educators? Who is getting the most from women? In this data set, we break down their contributions by Sector, Industry and Gender. ** Follow the money ([link removed])
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OpenSecrets in the News
See where we've been cited by media outlets around the nation this week.
* ** Wall Street Democratic donors warn the party: We’ll sit out, or back Trump, if you nominate Elizabeth Warren (CNBC) ([link removed])
Democratic donors on Wall Street and in big business are preparing to sit out of the presidential campaign fundraising cycle — or even back President Donald Trump — if Sen. Elizabeth Warren wins the party’s nomination.
* ** Contribute to my campaign and I'll jump off a bridge (Idaho Press-Tribune) ([link removed])
A Democratic candidate for U.S. Senate in Idaho says she will tandem BASE jump off the Perrine Bridge in Twin Falls if she raises $15,000 or more between Sept. 18 and Sept. 30.
* ** Drugmakers, Worried About Losing Pricing Power, Are Lobbying Hard (The Wall Street Journal) ([link removed])
Pharmaceutical industry trade organizations and outside groups are spending millions of dollars on advertisements attacking proposals that would peg drug prices in the U.S. to prices paid overseas.
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