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Sen. Elizabeth Warren (D-MA) is using millions of leftover funds from her 2018 Senate bid – when she happily courted big donors – to cushion her presidential campaign, according to a report from the New York Times.
Warren has prided herself on refusing to entertain big donors. She has been largely successful without them, raising $19 million in the second quarter without the help of big donor-hosted fundraisers. However, to say that she is not benefitting from her previous days of courting millionaires and billionaires in Hollywood and Silicon Valley would be – at best – dishonest, according to a report from the New York Times.
Massachusetts - Senator - Fundraising - Events - Senate
The Massachusetts senator attended big fundraising events for her Senate reelection bid in 2018, and while she has declined big donor involvement in her presidential bid, she reportedly transferred $10.4 million in “leftover funds from her 2018 Senate campaign to underwrite her 2020 run.”
Ultimately, Warren’s $10.4 million cushion gave her more flexibility, allowing her to get ahead of other candidates, some of whom are still struggling to get their campaigns off the ground.
Critics - Hypocrite
Some critics say it makes her a hypocrite.
According to the Times:
Ms - Warren - Polls - Populist - Anti-corruption
As Ms. Warren has risen in the polls on her populist and anti-corruption message, some donors and, privately, opponents are chafing at her campaign’s purity claims of being “100 percent grass-roots funded.” Several donors now hosting events for her rivals organized fund-raisers for her last year.
“Can you spell hypocrite?” said former Gov. Ed Rendell of Pennsylvania, who contributed $4,000 to Ms. Warren in 2018 and is now supporting former Vice President Joseph R. Biden Jr.
Mr - Rendell - Donors - Fund-raising - Dinner
Mr. Rendell said he had recruited donors to attend an intimate fund-raising dinner for Ms. Warren last year at Barclay Prime, a Philadelphia steakhouse where the famed cheesesteak goes for $120. (The dish includes Wagyu rib-eye, foie gras, truffled cheese...
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