Big-money Democratic donors are placing their bets on Joe Biden, Pete Buttigieg and Kamala Harris
Big-money Democratic donors have jumped off the sidelines of the presidential race, and three candidates are the clear winners of their support: Joe Biden, Pete Buttigieg and Kamala Harris.
“Electability is the most important thing. We just want a candidate that can beat Trump. You invest in candidates that are delivering as a candidate, or that polling tells you has a good shot to beat Trump,” Gifford continued. This election will test whether the old method of raising money through big fundraisers is still a recipe for success for candidates, when employed in combination with online fundraising from the Democratic Party’s small-dollar donors.Sign Up
Biden — who entered the race in late April — received the most donations from the fundraisers, collecting checks from 253 of them. He raised $8.3 million of his $22 million total for the quarter from donors giving smaller amounts of $200 or less. After this top tier of candidates, New Jersey Sen. Cory Booker was the Democrat who received donations from the most bundlers. Booker raised money from 152 fundraisers so far during this election cycle. While 39 of the bundlers donated to Warren, seven have given to Sanders’ campaign so far.
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