campaign fundraising

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Bill’s Scads of Donations May Backfire on Hill

Ex-prez's blistering fundraising might raise eyebrows as first gent

(Newser) - Former President Clinton rakes in cash for his foundation, while a future President Clinton would have to deal with the appearance of influence-buying. Bill’s foundation isn’t required to divulge donors, and there's no apparent limit on a first spouse’s fundraising, but Salon reports many Clinton Foundation givers...

Dems Buck GOP in Money Race
Dems Buck GOP in Money Race
Oct 3, 2007 12:50 PM CDT

Dems Buck GOP in Money Race

Top candidates have grabbed twice the dough of GOP hopefuls

(Newser) - The Republican Party could be at a significant financial disadvantage when next year’s presidential race begins in earnest, according to Politico's Jeanne Cummings. The leading Democratic White House hopefuls have raised $200 million since January—twice what their Republican counterparts have garnered. The trend extends beyond the presidential race...

Alienated Business Voters Ditching GOP

'The party left me' says one; poll, donations show eroding support

(Newser) - Disappointed fiscal conservatives are less likely than ever to vote Republican, the Wall Street Journal reports, despite the GOP's designation as the pro-business party for more than a century. The Iraq war, ballooning debt, and right-wing social policy have all turned off business leaders—and as fiscal conservatives' support for...

Clinton Rules Quarterly Fundraising

With $27M total, Hillary tops Obama ($20M) for first time

(Newser) - Hillary Clinton isn't just dominating Barack Obama in the primary polls: Today marks the first time she can brag of better fundraising, having gathered $27 million in the third quarter compared to her chief rival’s $20 million. The summer season is typically difficult for donations, the AP reports, and...

Edwards Will Accept Public Financing
Edwards Will Accept Public Financing
Sep 28, 2007 10:19 AM CDT

Edwards Will Accept Public Financing

Candidate points to principle, analysts to necessity

(Newser) - With the deadline to report third-quarter fundraising looming, John Edwards said yesterday his campaign will accept public financing. He calls the unexpected shift “a principled stand,” but the Politico deems it “probably also the only lifeline he has to stay in the race." The ex-senator urged...

Small Donors Put Dems at Top of Money Heap

Baby bundlers and Obama hype bring in new givers

(Newser) - Small donations have a crucial role in the presidential race, and could give the eventual Democratic nominee a serious advantage, Politico reports. So-called baby bundlers—those who convince others to give, on a small scale—are leading the surge; Barack Obama's campaign, whose 75,000 new third-quarter donors match the...

Bush: Hillary Will Fall to GOP in 2008

Prez sees senator taking primary but not White House

(Newser) - President Bush predicts that Hillary Clinton will beat her Democratic rivals for the nomination but will fall to a Republican in a “tough” general election. Breaking a longstanding promise not to be the “prognosticator in chief,” he says her name and fundraising will hold sway in the...

Hsu Swindled Investors of $60M: Feds

'Ponzi scheme' bizman sought to be part of celeb campaign circuit

(Newser) - Businessman Norman Hsu swindled $60 million from investors across the country and made illegal campaign contributions to Hillary Clinton and others, federal prosecutors say. In a criminal complaint unsealed in Manhattan yesterday, the feds say Hsu broke US election law by reimbursing some of the political donors who participated in...

Feds to Charge Hsu on Pyramid Scheme, Dem Fundraising

Some of missing money said to be donated

(Newser) - Rogue Democratic fundraiser Norman Hsu’s troubles are deepening today, as federal officials are expected to charge the twice-on-the-lam financier with running a $60 million pyramid scheme and breaking campaign-finance laws. Hsu faces accusations that he falsely told investors their money was going into a clothing operation; some of was...

Oprah Throws Star Power Behind Obama

Fundraiser at Winfrey's estate pulls $3M for candidate

(Newser) - Oprah Winfrey made her first foray into politics yesterday when she hosted a massive fundraiser for Sen. Barack Obama at her California estate, pulling in an estimated $3 million, a record for the senator. Obama rubbed shoulders with Chris Rock and Whoopi Goldberg; Stevie Wonder performed.  Winfrey told her...

Fred Finally Jumps into the Fray on 'Jay'

Pundits debate whether delay damaged Thompson

(Newser) - Pundits are accusing Fred Thompson of taking too long to announce his candidacy, a step he will take tomorrow night on Jay Leno. Poor fundraising and personnel problems have caught media limelight because Thompson wasn’t on the campaign trail, critics say. An adviser replies: "It's still not yet...

Hsu Surrenders; Campaigns Lick Wounds and Revisit Vetting

So many donors, so little time?

(Newser) - Fugitive financier Norman Hsu surrendered to a San Mateo, CA, court yesterday, and was released on $2 million bail, leaving political types to wonder how someone with an outstanding grand theft charge could slip under the radar of so many campaigns, especially the experienced hands who let him donate and...

Obama Does Housework
Obama Does Housework
Aug 9, 2007 8:52 AM CDT

Obama Does Housework

Candidate works with a home health care worker for a day

(Newser) - Barack Obama mopped, dusted, and made breakfast for an elderly amputee yesterday as a precondition for gaining endorsement from the powerful Service Employees Union. Accompanied by a throng of photographers, Obama helped a caregiver perform her daily duties, and did his best to please. "Is this the way he...

Giuliani Grabs Biggest Slice of Campaign Pie

Rudy rakes in $17M, but Q2's a downer for the GOP

(Newser) - Score one for America's mayor: Rudy Giuliani was the top Republican fundraiser in the second quarter, pulling in nearly $3 million more than runner-up Mitt Romney. Giuliani raised $17M; Romney added $6.5M of his own money to a $14M take. John McCain brought in only $11M, widening the cash...

Bill Stumps With Hillary in Iowa
Bill Stumps
With Hillary
in Iowa
Jul 3, 2007 2:00 PM CDT

Bill Stumps With Hillary in Iowa

Steps into helpmate role as she struggles to regain momentum

(Newser) - Bill Clinton is trying out the role of doting husband on a campaign swing through Iowa this week. Their first joint appearances  seem aimed to boost Hillary's likability and cut that 50% disapproval rating. Bill offers a warm introduction, affectionate hugs, and the claim that his wife is better qualified...

McCain Hopes on Life Support
McCain Hopes on Life Support
Jul 3, 2007 5:32 AM CDT

McCain Hopes on Life Support

Lack of funds, party backing crippling White House run

(Newser) - John McCain's presidential campaign is barely clinging to life following a paltry $11-million fundraising effort in the second quarter, a symptom of lack of party support, the Politico reports. Once a frontrunner, McCain has alienated the GOP faithful with stands his handlers characterize as principled but unpopular, such as his...

Obama Draws $32.5M in Campaign Cash

Surges past Hillary's $28M in second-quarter fundraising

(Newser) - Barack Obama raised $32.5 million in total campaign contributions in the second quarter of 2007, handily beating Hillary Clinton's powerhouse fundraising machine to lead the Democratic pack, the Washington Post reports. Some 154,000 contributors, most giving relatively moderate amounts, ponied up for the campaign while Clinton raised an...

Edwards Org Tested Meaning of ‘Charity’

Nonprofit not just soapbox, but financial platform for '08 run

(Newser) - After the Kerry-Edwards loss in 2004, John Edwards launched two nonprofits, ostensibly to fight poverty—but one of  them was devoted primarily to keeping Edwards himself in the public eye. The New York Times asks whether Edwards crossed a legal line, using the foundation, the Center for Promise and Opportunity,...

Corporate Donors Snub McCain
Corporate Donors Snub McCain
Jun 18, 2007 5:49 AM CDT

Corporate Donors Snub McCain

It's payback time for a career as Senate ethics reformer

(Newser) - John McCain is lagging far behind his GOP primary rivals in fundraising, in part because he's alienated so many big corporate donors in his Senate career. All that straight talk about minimizing the influence of money on politics has taken its toll, the New York Times notes. One defense industry...

$100 Million Here, $100 Million There...

U of I gets second huge gift in as many days to Illinois universities

(Newser) - And, as Illinois' late Senator Everett Dirksen once said, you are talking about real money. Tom Siebel, University of Illinois graduate and founder of Siebel Systems, a customer management relationship software firm, pledged $100 million in his will to the U of I.

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