Gop Donors Appear In No Hurry To Commit To 2016 Candidate

[...] for all the flurry of activity in the GOP race, set off last month by former Florida Gov. Jeb Bush and amplified by 2012 nominee Mitt Romney, some of the party's most sought-after donors appear content to let things shake out a bit before making a commitment to any one candidate. For many of the party's biggest fundraisers, signing on with a contender is a two-year commitment that usually includes asking friends, family and colleagues for donations they can bundle into stacks of checks. The ranks of unaligned major donors include several top players in the party, including hedge fund investors Paul Singer and Robert Mercer, New York Jets owner Woody Johnson and casino magnate Sheldon Adelson. The political machine backed by the billionaire Koch brothers on Monday told their most-loyal supporters they intend to raise and spend close to $900 million during the 2016 campaign, a sum that would more than double what the Republican National Committee spent on the 2012 election. Christie took his most decisive step yet toward a bid early Monday when he announced the formation of a political action committee, which will essentially serve as a campaign-in-waiting. The former Massachusetts governor collected an average of $215,000 each day from the time he started raising money in 2011 until the start of 2012, a total that ended up at more than $57 million before the first votes were even cast. Joe Biden raise money for his unsuccessful 2008 primary, said he often saw some of his donors also appear on the campaign finance reports of Barack Obama, Hillary Rodham Clinton and John Edwards.

BING NEWS:
  • GOP bill cracks down on 'loophole' allowing foreign donors to pump dark money into US elections
    FIRST ON FOX: Senate Republicans are introducing a bill on Wednesday that aims to prevent foreign nationals from improperly influencing American elections in response to a report outlining how a ...
    04/17/2024 - 3:31 am | View Link
  • Millionaire Chachas returns to Nevada to join crowded GOP field
    John Chachas is a man in a hurry. "I gotta go ... millions from his own pocket and from wealthy donors he has courted from coast to coast over the years. The path is built upon ideas, and he ...
    04/3/2024 - 1:00 pm | View Link
  • Many GOP billionaires balked at Jan. 6. They’re coming back to Trump.
    President Donald Trump, left, hands his pen to billionaire Isaac Perlmutter after signing an executive order in Washington in 2017. (Andrew Harnik/AP) The day after a pro-Trump mob stormed the ...
    03/29/2024 - 6:16 am | View Link
  • Two GOP senators won’t commit to explicit Trump endorsement
    Rounds, in an interview on CNN’s “State of the Union,” avoided explicitly endorsing former President Trump but did commit to supporting the eventual nominee – who, at this point ...
    03/27/2024 - 12:51 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News