When a candidate suspends their campaign, what happens to all the money they raised?
Sen. Kamala Harris suspended her campaign Tuesday afternoon, telling supporters in an email that her campaign “simply doesn’t have the financial resources we need to continue.” While the former California Attorney General lagged behind rivals like Senators Bernie Sanders and Elizabeth Warren, Harris had raised nearly $37 million by the end of September, with $10.5 million cash on hand, according to her most recent FEC filings.
In Harris’s case, for example, she may choose to roll over funds to her Senate campaign when she is up for reelection in 2022.“Sometimes, they do [give it back],” says Ann Ravel, former chair of the FEC. “I wouldn’t say it’s the usual thing to do. But I have seen it. For me, that seems to be the appropriate way to go, though obviously, it might be a difficult computation problem.
Story continuesShe points to Duncan Hunter, the congressman from California who is pleading guilty to campaign finance fraud. In one instance, Hunter allegedly used campaign funds to purchase plane tickets for his family rabbit Eggburt.
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