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July 18th, 2019
This week in money-in-politics

Trump allies and ‘the Squad’ have something in common: Small donor support

[link removed] it comes to campaign fundraising, big names draw small donors.

Of the 10 House members receiving the highest percentage of campaign funds from donors giving less than $200, seven of them are Republicans who often come to the defense of President Donald Trump. Two are members of “the Squad,” the foursome of freshmen Democratic women who Trump recently tweeted should “go back and help fix the totally broken and crime infested places from which they came.”

Trump’s top allies in Congress are building their own small donor armies, leveraging their connection with the president and numerous television appearances while repeating some of the same talking points repeatedly aired by Trump and Republican party committees.
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** McConnell raises millions, but most of his money comes from outside Kentucky
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Senate Majority Leader Mitch McConnell raised a healthy $3 million for his 2020 re-election campaign from April through June and has a whopping $7.9 million in the bank. But just 9 percent of his campaign cash from large individual donors came from his home state of Kentucky. Read more ([link removed])
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** Racist comments cost Steve King the support of his party. Now his primary opponent is outraising him
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Rep. Steve King, most recently known for being rebuked by his own party for racist comments, is trailing his primary challenger when it comes to fundraising. But it remains to be seen whether a bigger bank account will be enough to knock him off. Read More ([link removed])
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** Powerful donors pad Lindsey Graham’s coffers for 2020 re-election bid
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Sen. Lindsey Graham (R-S.C.) raised more money in this year’s second fundraising quarter than he, or any other GOP Senate candidate in South Carolina, ever has before in the same time frame. Nearly 550 South Carolina donors, contributed more than $264,000 — or 14%. Read More ([link removed])

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Which 2020 Democrat is the next to go? FEC reports might provide a clue
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Some 2020 Democratic presidential candidates are about to run out of cash.

Campaign finance disclosures reveal that while the heavy hitters are raising boatloads of money, a handful of lesser-known candidates are struggling to make ends meet, raising the question as to when they will drop out of the crowded field.

Rep. Eric Swalwell (D-Calif.) became the first major candidate to exit the race last week, citing low polling and fundraising. But the East Bay congressman actually raised more money in the last three months than a handful of Democrats still vying for the nomination.

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Welcoming a new member of the OpenSecrets team!
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OpenSecrets is pleased to welcome Oren Magid as our new Lead Developer.

Oren has a Ph.D. in Philosophy from Georgetown University — he taught Philosophy at both Georgetown and the American University in Cairo before becoming a developer — and a B.A. in Music from the University of Virginia.
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OpenSecrets in the News

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

* ** Trump, Republican National Committee turn to titans of industry to help raise over $100 million in second quarter (CNBC) ([link removed])
Many wealthy donors who rejected President Trump in 2016 are now contributing heavily to his reelection campaign, allowing him to build a large warchest.

* ** ActBlue, PACs play big roles early in Montana campaigns (Helena Independent Record) ([link removed])
If early campaign finance reports are any indication, 2020 might bring new records for Montana candidates for both parties, all of whom are benefitting from out of state cash.

* ** Bank lobby builds 'political machine' to spend for 2020 House and Senate races (CNN) ([link removed])
The American Banking Association is building a "political machine" to buy ads, polls and opposition research as well as train candidates. It spent $1 million in 2018 and plans to spend an "exponentially larger" amount in 2020.

** The Washington Post ([link removed])
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** Arkansas Democrat-Gazette ([link removed])
** The SanFrancisco Chronicle ([link removed])
** Little Village Magazine ([link removed])
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** McClatchy DC ([link removed])



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