Andrew Yang puts other Dems to shame with big cash haul

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Andrew Yang puts other Dems to shame with big cash haul
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Andrew Yang shames other Dems with big cash haul

The Democratic businessman announced Wednesday that over the past three months he raked in $10 million for his presidential campaign — more than a number of his rivals for the Democratic nomination and just shy of Sen. Kamala Harris, who has won three statewide elections in the nation’s biggest state.

Meanwhile, Yang — who started the campaign completely unknown, without political aides and with an email list composed of his Gmail contacts, as he tweeted Wednesday — is one of a handful of presidential candidates who have improved their standing, either financially or in polls, since the beginning of the year. Only Bernie Sanders, Pete Buttigieg, Joe Biden, Elizabeth Warren and Harris have posted a better single fundraising quarter than Yang so far this year.

Story continuesYang’s fundraising guarantees him nothing when the voting starts, and he trails far behind the front-runners in every poll so far. But he has mobilized a large number of dedicated supporters, something many other candidates lack: the “Yang Gang,” which is especially active online. Candidates without those finances will need to make difficult choices in the fall, as they try to concentrate their resources in ways that could still help them make an impact on the 2020 race.

Yang now averages 3 percent support in national polls, according to RealClearPolitics — good for sixth in the Democratic field. While Yang’s financial support has gone up dramatically, the people supporting him in polls has slowly expanded beyond his core group to a broader anti-establishment electorate, said Patrick Murray, director of polling at Monmouth University.

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