campaign fundraising

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Dem Donor, Ponzi Schemer Hsu Gets 24 Years

(Newser) - Norman Hsu is a man of many hats, but the Hillary Clinton fundraiser extraordinaire, Ponzi schemer, and onetime fugitive has been sentenced to wear them in prison for the next 24 years. While significantly less than the 30 years prosecutors had asked for, Hsu’s lawyer tells the Wall Street ...

GOP Raises More Cash Than Dems in Aug.

Unusual spike gives minority party $1.7M more for the month

(Newser) - Republican campaign committees got a big fundraising bump in August, pulling in $1.7 million more than Democrats, despite being the minority party. “Republicans have been able to tap into some of the anger against Democrats in power and translate that into fundraising,” one analyst tells USA Today....

Pols-Turned-Lobbyists Use Campaign Cash to Curry Favor

Turn donations into 'political slush fund'

(Newser) - When congressmen leave Capitol Hill for lobbying jobs, they take their unused campaign funds with them, then dole them out to other lawmakers to influence policy, USA Today reports. Such donations are legal—federal law permits ex-congressmen to keep campaign accounts active, donating the money to candidates, parties, and charities—...

Joe Wilson's Challenger Rakes in $200K

'You lie!' outburst pays off for SC Republican's Dem foe

(Newser) - Rep. Joe Wilson has apologized for his outburst during President Obama’s speech last night, but the South Carolina Republican can’t take back the money flowing into his Democratic opponent’s coffers, CNN reports. Rob Miller has pocketed $200,000 since Wilson cried “You lie,” and Internet-savvy...

Dem Fundraiser Charged in Citibank Scam

Obama, Clinton donor allegedly tried to bilk bank out of $74M

(Newser) - A major fundraiser for Democratic candidates, including Barack Obama and Hillary Clinton, was charged yesterday with using bogus documents to obtain a $74 million loan from Citigroup, Reuters reports. Hassan Nemazee, who did not enter a plea, faces up to 30 years in prison if convicted. Prosecutors say he forged...

Ron Paul's Son Raises $433K for Senate Run

Political newcomer borrows dad's tactics in online fundraising

(Newser) - Rand Paul borrowed a page from his dad’s playbook this week, raking in $433,509 in online donations in just 24 hours, reports CQ Politics. That’s may not approach the $6 million “money bomb” Ron Paul managed for his presidential run—or the $1 million Rand had...

Online Political Ads: Subject to Regulation, or Just a Link?

(Newser) - If online ads are the future of political campaigning, then a legal snafu in the St. Petersburg mayoral race bears watching. Florida election officials have ruled that one candidate’s Google and Facebook ads violate state election laws because they don’t clearly state who paid for the ad, the...

Dems' 'Monopoly' Helps GOP Hopefuls Raise Cash

(Newser) - As the 2010 election nears, GOP senatorial candidates are seeing a bump in campaign donations, the Washington Post reports. FEC filings show that in Florida, for instance, Charlie Crist pulled in $4.3 million in the second quarter, almost 4 times as much as his leading Democratic rival. Roy Blunt...

Republicans Don't Want 'Help' From Palin

Lawmakers facing tough 2010 battles think she'd hurt them

(Newser) - Sarah Palin may not spend much of her newfound free time campaigning: Many GOP lawmakers facing tough 2010 contests don't want to be associated with the soon-to-be-ex-governor, who they fear will galvanize liberals, the Hill reports. One anonymous Republican said that if Palin came to his district, his opponent would...

Democrats Dodge Obama's Lobbyist Ban
Democrats Dodge Obama's Lobbyist Ban

Democrats Dodge Obama's Lobbyist Ban

Money unwelcome at dinner with prez, OK at meeting tomorrow

(Newser) - Congressional Democrats have found a way around President Obama’s refusal to appear at events where lobbyists can make campaign contributions, Politico reports. Lobbyists won’t be able to donate at tonight’s fundraiser with Obama, but they’ll be more than welcome to do so tomorrow morning, at a...

'Snub Machine' Imperils Palin's National Hopes
'Snub Machine' Imperils Palin's National Hopes
OPINION

'Snub Machine' Imperils Palin's National Hopes

Dis-organization costs former frontrunner GOP's respect: Parker

(Newser) - The Republican base still goes wild for Sarah Palin, but within the GOP, "the air is a little nippy," writes Kathleen Parker in the Washington Post. The back-and-forth over this week's DC fundraiser was only the latest example of bad organization and dysfunctional behavior within the Alaska governor's...

GOPers Spot End Run Around Election Law

FEC rule lets 1-man corporations pool their resources

(Newser) - A decision by campaign-finance regulators has a pair of GOP strategists hoping to skirt limits set by election law, Politico reports. The Federal Election Commission recently OK’d ad buys made by a solo activist’s one-man corporation. That gave the strategists an idea: Rich individuals could avoid rules against...

Specter to Dem Donors: Show Me the Money
Specter to Dem Donors: Show Me the Money
ANALYSIS

Specter to Dem Donors: Show Me the Money

Senator's election-cycle party switch creates fundraising issues

(Newser) - Arlen Specter may have brought his years of experience in the Senate across the aisle with him, but that doesn’t mean all his donors will follow. And the timing—it’s 2010 campaign season—complicates matters, Jeanne Cummings notes for Politico. “He’s not the world’s most...

Democrats: $1 a Day Sends Norm Coleman Away

Groups pressure GOP holdout by funding other candidates

(Newser) - A pair of Democratic groups think the best way to get rid of Norm Coleman is by pressuring his fellow Republicans. The newly formed Progressive Change Campaign Committee, together with Howard Dean’s Democracy for America, has sent an email to more than a million addresses asking supporters to donate...

Blago Singled Out Senate Contenders for Cash

List shows he targeted 4 would-be senators

(Newser) - In his race to build a $2.3 million campaign war chest last year, Rod Blagojevich listed four possible candidates for President Obama's vacated Senate seat as prospective donors, the Chicago Sun-Times reports. A list of 150 names in all shows that Rep. Luis Gutierrez, billionaire J.B. Pritzker, and...

Recession Dents Party Coffers
 Recession Dents Party Coffers 

Recession Dents Party Coffers

Fundraising unusually low for this point in the cycle

(Newser) - With recession raging and without a campaign to attract attention, donations to both political parties have fallen, reports the Washington Post. Donations to the six major party committees are off 26% from the same period 2 years ago. “People are feeling it,” an energy executive told Rep. Chris...

Commerce Pick Has Fundraising Skeletons
Commerce
Pick Has
Fundraising Skeletons
analysis

Commerce Pick Has Fundraising Skeletons

Locke is no slam dunk: Malkin

(Newser) - President Obama's administration surely hopes Gary Locke will prove a relatively uncontroversial pick for Commerce after the messy Bill Richardson and Judd Gregg nominations. Not likely, writes Michelle Malkin, who covered Locke for the Seattle Times when he was Washington's governor. Locke, she reminds, faced a series of probes from...

Dems Expect Fundraising Decline

Only consolation: GOP will probably do much worse

(Newser) - The economic slowdown is having its expected effect on Democratic fundraising, and the added effects of “donor fatigue” and the magnetic force that draws campaign cash to Barack Obama could leave them pinched for the next election cycle, Politico reports. But things could be worse—like they are for...

100 Families Gave $100K to Obama
100 Families Gave $100K
to Obama

100 Families Gave $100K to Obama

Rockefellers, Spielbergs among Barack's 'elite' donors

(Newser) - Barack Obama’s political efforts haven’t run purely on grassroots fuel: almost 100 families that gave $100,000 or more made up an “elite” group of repeat donors over the past 2 years, the Washington Post reports. Current donation rules make whopping contributions possible if donors distribute funds...

Dems Stand to Lose Clinton's Fundraising Chops

Cabinet officials usually refrain from helping other candidates

(Newser) - Democrats may lose a powerful fundraiser in Hillary Clinton when she becomes secretary of state, the Hill reports. Cabinet officials usually avoid overt campaigning for other candidates, and Clinton’s fundraising prowess and network are likely to be particularly missed: HillPAC, Clinton’s leadership political action committee, has directed more...

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