Warren Won’t Do Big Money Fundraisers In General Election

HuffPost Politics 2 months ago

Massachusetts Sen. Elizabeth Warren, one of the leading candidates for the 2020 Democratic presidential nomination, said in an interview posted Tuesday she will not hold big-money fundraisers at any point during her presidential run.

Warren had previously said her plan to bypass the standard grip-and-grin fundraisers with expensive tickets only applied to the primary. But in an interview with CBS News, Warren said she wouldn’t do high-dollar fundraisers during the general election if she wins the party’s nomination.

“I will not be forced to make changes in how I raise money,” Warren told CBS News. “Look, for me this is pretty straightforward. Either you think ... electing a president is all about going behind closed doors with bazillionaires and corporate executives and lobbyists and scooping up as much money as possible. Or you think it’s about a grassroots, let’s build this from the ground up.”

Warren’s comments, first highlighted by the New York Times, represent a shift. “My presidential primary campaign will be run on the principle of equal access for anybody who joins it,” she wrote in a February Medium post announcing her decision not to hold fundraisers during her primary campaign.

“I do not believe in unilateral disarmament,” she told MSNBC’s Chris Hayes at the time.

The decision to extend that policy to the general election could put her at a financial disadvantage when running against Trump, whose campaign and the Republican National Committee raised $125 million during the third quarter of 2019.

But she said Trump’s big cash hauls would not deter her.

“Yeah, I’m not going to do the big-dollar fund-raisers. I’m just not going to do it,” Warren told CBS. “The whole notion behind this campaign is that we can build this together. And that’s exactly what we’re doing.”

The Warren campaign did not immediately respond to a request for comment. 

Warren’s campaign, which raised nearly $25 million in the third quarter, has relied so far on online donations. She and Sen. Bernie Sanders (I-Vt.) have been able to out-raise the majority of the other contenders for the nomination while relying almost exclusively on online fundraising. 

But raising money for the general election is a different exercise. While Warren’s rivals for the nomination are limited to $2,800 donations in the primary, recent court rulings have turned presidential fundraising for the general election into a much more expensive game, where fundraiser attendees can give a total of $100,000 or more to the presidential campaigns, national party committees and various state parties. That means Warren is potentially leaving a lot of money on the table. 

Rufus Gifford, who served as finance director on former President Barack Obama’s reelection campaign, said Warren’s decision meant “the Democratic Party just went bankrupt.” 

“A Presidential nominee is not just responsible for fundraising for his/her campaign,” he wrote on Twitter. “They are the de-facto head of of the Democratic Party and for all 50 State Parties. The Democratic Party cannot raise the money they need without the candidate doing every he/she can.”

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ABC News › 2 months ago
Sen. Elizabeth Warren said this week she will continue to reject PAC money or avoiding closed-door, high-dollar fundraisers into the general election.
The Inquisitr › Politics › 2 months ago
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ABC News › 1 month ago
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CNBC › Politics › 2 months ago
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The Week › 2 months ago
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CNN › Politics › 2 months ago
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The New York Times › Politics › 2 months ago
U.S. Senator Elizabeth Warren vowed to abstain from high-dollar fundraisers if she becomes the Democratic presidential nominee in 2020, extending into the general election campaign her promise not to hold such events during the primary season.
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