Larry Elder surges to GOP fundraising lead, but Newsom still lapping recall field

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Larry Elder surges to GOP fundraising lead, but Newsom still lapping recall field
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Conservative talk show host Larry Elder reported collecting nearly $4.5 million in July after declaring his candidacy last month to replace Gov. Gavin Newsom in the recall election

SACRAMENTO — Republicans vying to replace Gov. Gavin Newsom in the recall election will have to overcome an enormous fundraising gulf, but latecomer Larry Elder has quickly vaulted ahead of his GOP rivals, new campaign filings show.declaring his candidacy last month

But Elder's fundraising surge serves as further confirmation that he is now the top Republican among replacement candidates.

After Elder, former San Diego Mayor Kevin Faulconer led the GOP pack, raising roughly $3.4 million between a pair of campaign accounts and maintaining about $1.2 million in cash on hand. Much of that money flowed from longtime California Republican donors in a reflection of Faulconer’s appeal to the state’s GOP establishment.Republican Assemblymember Kevin Kiley collected about $834,000 and had about $572,000 on hand.

Donors to Republican candidates can give no more than $32,400, the limit for a gubernatorial election cycle. However, Republicans can open separate accounts to collect unlimited sums if they use that money to campaign for recalling Newsom rather than their own candidacy. Some candidates have opened such accounts but not generated anywhere near the money that Newsom has.

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