Campaign Fund-raising | featured news

President Barack Obama enlisted Bill Clinton to campaign alongside him in New York on Monday, tapping the popular ex-president's star power to rake in cash for his re-election bid from Wall Street investors and show-business elite.

Ever since the Supreme Court’s Citizens United decision in 2010 struck down restrictions on the ability of corporations to spend money in political campaigns, Democrats have been warning their followers that a tidal wave of conservative cash threatened to swamp liberal candidates.

Mitt Romney is raising money in Las Vegas, where he'll meet with casino mogul Sheldon Adelson, who bankrolled a pro-Gingrich group.

Tom Donohue, president of the U.S. Chamber of Commerce, indicated Monday that reports that the business group would spend $50 million on the 2012 elections are too low.

Twenty-two states and the District of Columbia are backing Montana in its fight to prevent the U.S. Supreme Court's 2010 Citizens United decision from being used to strike down state laws restricting corporate campaign spending.

A little political trivia: President Obama says the photo of him on a political poster with the word HOPE comes from an event in which he is sitting next to George Clooney. "We struck up a friendship," Obama told Hollywood donors gathered at Clooney's house last night. "And this is the first time that George Clooney has ever been photo-shopped out of a picture.

For the first time since 1976, neither major party presidential candidate will be taking taxpayer money to finance his campaign.

A pro-Romney super PAC received $400,000 from a West Palm Beach, Fla., company that has been listed as inactive in state since March 2011.

The traditional big sources of campaign funds are not delivering for President Obama’s campaign as they did four years ago, leaving the president to rely much more on grass-roots support.

Republican presidential candidate Mitt Romney raised nearly $12.6 million in March, the best fundraising month of campaign.