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Your weekly newsletter on money in politics.
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October 24th, 2019
This week in money-in-politics

Political spending at Trump properties surpasses $20M

[link removed] political committees have spent more than $20 million at businesses owned by President Donald Trump since the 2008 cycle, according to an OpenSecrets analysis. Roughly 99 percent of that money has come since the start of the 2016 cycle, when Trump announced his bid for president and began spending campaign money at his own properties.

Over that time, Trump campaign-affiliated committees have funneled about $16.8 million to Trump-owned businesses, the bulk of the spending at his properties. Republican political campaigns and PACs have spent just under $1.8 million at Trump-owned businesses in the 2020 cycle thus far, with 48 different Republican members of Congress also spent donor dollars this cycle through their affiliated political committees.

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** House seat challenger beating Tulsi Gabbard with Hawaii donors
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As Rep. Tulsi Gabbard tries to raise her profile in the 2020 Democratic field, she’s being outraised in her home state by a primary challenger. Hawaii state Sen. Kai Kahele, a Democrat, has raised $345,616 from Hawaii donors in his bid to unseat Gabbard. That’s more than her presidential campaign has raised from donors in the Aloha State — $221,501 — over the same time period. Read more ([link removed])
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** Democratic donors, Trump critics fund president’s Republican primary challengers
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For the three Republican primary challengers seeking to President Donald Trump, the future ahead may be grim. The RNC has pledged “undivided support” for Trump’s re-election bid, and the candidates cannot compete against the president’s record-breaking cash reserve. Read More ([link removed])
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** Surprise medical bills legislation drives spike in Q3 lobbying spending
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Private equity-backed physician staffing firms and other companies affected by proposed surprise medical bills legislation are ramping up their lobbying spending to unprecedented levels. The multi-million dollar industry influence campaign, which comes on top of a blitz of TV and digital ads and opinion pieces, peaked in the third quarter from July through September. Read More ([link removed])

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Real estate industry remains Trump’s top ally in 2020

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With business entanglements with almost two dozen countries across the globe, real-estate-businessman-turned President Donald Trump is now raising millions from the real estate industry — a top ally that helped bankroll his 2016 presidential bid.

Industry affiliates injected $4.3 million into his campaign in 2016 — the largest amount among all industries excluding retirees — and spent a total of $11.2 million to elect Trump. Today, real estate remains the top industry to fund Trump’s reelection endeavor, giving his campaign and outside spending groups $8.5 million thus far to help him win a second term. Democratic candidates, in comparison, received less from real estate develop ers, totaling $5.4 million.

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OpenSecrets in the News

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

* ** Conservative Political Fundraisers Pleads Guilty to Felony (The Center for Public Integrity) ([link removed])
Scott Mackenzie, one of Washington’s most controversial political fundraisers, pleaded guilty earlier this week to one count of making a false statement to the FEC.

* ** Jacobs versus Gomez: all about family valuations (San Diego Reader) ([link removed])
In the race for California's 53rd District, one candidate is getting a major boost from her extensive, wealthy family.

* ** Microsoft President Brad Smith just gave $125,000 to Nancy Pelosi’s fundraising committee (CNBC) ([link removed])
The Nancy Pelosi Victory Fund, which helps finance the Democratic Congressional Campaign Committee, has raised $11.1 million in 2019.

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