Big-dollar donors helped Deval Patrick lay groundwork for presidential campaign
Former Massachusetts Gov. Deval Patrick is making a late entrance into the 2020 Democratic presidential primary, a surprise run funded primarily through massive contributions to an affiliated outside group.
Patrick, an executive at investment firm Bain Capital, reportedly sees himself as a moderate candidate who can win over progressives. But his time in the private equity field — and financial backing from private equity executives — could make him a target of progressive challengers.
Bloomberg brings the biggest bucks to the Democratic presidential primary
Michael Bloomberg, one of the richest men in the world, is expected to enter the Democratic presidential primary and will spend “whatever it takes” to win. That pricey political strategy has worked out well for the former New York City mayor in recent years. Read more
Top House Intelligence Committee members rake in cash as impeachment inquiry unfolds
As Congress readies for public impeachment hearings, two of the most powerful lawmakers piloting the inquiry are racking up campaign cash. Intelligence Committee ranking member Devin Nunes and Chairman Adam Schiff rank first and second for House lawmakers with the most cash on hand. Read More
2020 presidential candidates top $100M in digital ad spending as Twitter goes dark
Digital advertising is becoming more popular for presidential candidates and major political groups, even as social media platforms grapple with how best to regulate political ads. Presidential candidates have spent $105 million on digital ads since big tech platforms and social media giants started tracking them last year. Read More
Please join us at CRP's DC offices next Monday, November 18, at 11 a.m., to hear OpenSecrets Fellow Paul S. Herrnson discuss his new paper on inequality in campaign financing, co-authored with Jennifer Heerwhig.
About the paper: Women have become more influential in virtually every aspect of American politics. However, the emergence of super PACs has the potential to reverse this trend. Using a new dataset (based in part on CRP data) comprising all itemized contributions to super PACs participating in the 2010 through 2016 congressional elections, we conduct the first systematic study of the impact of gender on super PAC donations. We demonstrate that women are underrepresented among donors to super PACs and contribute a relatively small portion of all super PAC receipts. Women are most likely to contribute to super PACs committed to electing women.
If you will be in DC on the morning of the 18th and are interested in attending, please email [email protected]
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