Tag

Fundraising

All articles tagged with #fundraising

politics3 days ago

Autopsy fallout tests DNC chair's grip on fundraising

The Democratic National Committee is under fire after Ken Martin released a post‑mortem of the 2024 losses and then distanced the report, prompting donor backlash and questions about the party’s finances and leadership. With the DNC deep in debt and fundraising lagging behind Republicans, some insiders are calling for Martin to step aside while others defend him; the episode has intensified concerns about credibility and the ability to sustain state parties ahead of crucial midterm and presidential contests.

Duggan exits independent bid, reshaping Michigan's governor race
politics5 days ago

Duggan exits independent bid, reshaping Michigan's governor race

Former Detroit mayor Mike Duggan ended his independent bid for Michigan governor, saying shifting political winds and weak national fundraising make victory unlikely. The decision came 23 weeks before the election after polls showed him in third place behind John James and Jocelyn Benson, with Duggan citing factors like Trump’s Iran policy and rising gas prices that hinder his bipartisan message. He noted most donors are Michigan-based, but national party money remains hard to mobilize for independents, thanked supporters, and said the race moves forward with other candidates. A group backing his campaign had spent about $14 million, but Duggan concluded continuing wasn’t right given the fundraising environment.

LIV Golf's $250 Million Profit Pitch Faces Harsh Math
business5 days ago

LIV Golf's $250 Million Profit Pitch Faces Harsh Math

An opinion piece argues LIV Golf’s plan to raise up to $250 million to reach profitability in about 20 months rests on shaky ground: four years of cash burn with little growth, US TV ratings rarely above 500,000 per round, a nominal Fox Sports deal, and limited sponsorship. Even if funding hits $250 million (or $170 million), profitability would depend on a meaningful media-rights deal after Fox expires and rising team values, which the author says is unlikely, casting doubt on LIV's survival beyond the near term.

Glamour and Grands Pas: Stars Fill NYCB Spring Gala for Creation & Preservation
arts17 days ago

Glamour and Grands Pas: Stars Fill NYCB Spring Gala for Creation & Preservation

The New York City Ballet’s Spring Gala, 'Set in Stone: Creation & Preservation,' at Lincoln Center featured the premiere of Symphonie Espagnole choreographed by Tiler Peck with costumes by Robert Perdziola, a guest violin performance by Hilary Hahn, and a Diamonds segment from Balanchine’s Jewels in Karinska costumes; the night drew numerous celebrities and raised about $3.2 million to support NYCB programs, family initiatives, and education outreach.

politics27 days ago

High Court lets crisis centers press federal review of donor-subpoena

The Supreme Court unanimously ruled that crisis pregnancy centers can seek federal court relief to block a New Jersey subpoena demanding fundraising-related donor records. The decision allows the centers to argue that providing donor information could chill association and expose donors to harassment, though the state probe into fundraising disclosures isn’t halted yet. Critics warn the ruling could affect how states obtain internal documents from political and advocacy groups in the future.

Babcock to retire as Virginia Tech AD, moving to Emeritus advisory role through 2029
sports1 month ago

Babcock to retire as Virginia Tech AD, moving to Emeritus advisory role through 2029

Virginia Tech athletics director Whit Babcock will retire on June 30, 2026, and serve as Athletics Director Emeritus and Special Advisor to the president and the new AD through 2029. In 12 years he led record fundraising, major facilities upgrades, and landmark coaching hires, elevating Hokies’ competitiveness and academics while laying groundwork for future football success under new leadership.

Becerra rides momentum and money into California governor race as endorsements pile up
politics1 month ago

Becerra rides momentum and money into California governor race as endorsements pile up

Xavier Becerra is gaining steam in California’s governor race, buoyed by high-profile endorsements (including Assembly Speaker Robert Rivas) and a recent poll bump that put him level with Tom Steyer after Eric Swalwell dropped out; his fundraising has surged with over $1 million raised on ActBlue in a week from mostly first-time donors, signaling a growing grassroots movement ahead of the June 2 primary.

Betty Yee exits CA governor bid as Swalwell withdrawal reshapes race
politics1 month ago

Betty Yee exits CA governor bid as Swalwell withdrawal reshapes race

Former California state controller Betty Yee suspended her bid for governor weeks before the June 2 primary after failing to break into the top tier and facing fundraising challenges; her exit comes a week after former U.S. Rep. Eric Swalwell withdrew amid sexual misconduct allegations, leaving Katie Porter as the remaining prominent female candidate in a crowded Democratic field as the primary approaches, with Democrats Xavier Becerra and Tom Steyer and Republican frontrunners also in the race.

politics1 month ago

Money flows reshape a crowded Senate map as campaigns post record hauls

Across multiple Senate races in Q1 2026, Democrats and Republicans reported massive fundraising hauls and sizable cash reserves, signaling a costly and competitive cycle. Notable tallies include NH Democrat Chris Pappas with a cash lead over GOP rivals, GA’s Jon Ossoff with a massive war chest, Alaska’s Mary Peltola raising a large sum but still trailing Dan Sullivan in cash on hand, and strong fundraising across Maine, Ohio, Texas, North Carolina, and Michigan that could influence runoffs and general elections. Outside money and the pace of spending across races suggest a deeply funded, high-stakes battle for control of the Senate.

politics1 month ago

Massive Q1 fundraising reshapes the 2026 Senate battlegrounds

A POLITICO-style fundraising round-up shows the 2026 Senate map turning into a record‑shaping battlefield: Democrats like Jon Ossoff, Sherrod Brown, Roy Cooper and Mary Peltola posted massive cash hauls, while Republicans such as Andy Barr, John Cornyn, Mike Rogers and Susan Collins also reported strong war chests. Outside groups are ready to invest heavily, signaling expensive races across Georgia, North Carolina, Ohio, Maine, Texas and Alaska. The piece also notes ethics probes into Cory Mills and Sheila Cherfilus‑McCormick and ongoing FISA/AI surveillance policy debates that could influence fundraising dynamics and campaign strategy.

politics1 month ago

GOP unity stressed as FISA renewal looms and fundraising explodes across races

House Republicans delay a vote to renew Section 702 of the Foreign Intelligence Surveillance Act as a faction pushes for guardrails and warrants in light of AI-enabled data gathering, while leaders seek concessions. In parallel, POLITICO’s live updates catalog a burst of fundraising across major races—Democrats like Jon Ossoff, Roy Cooper, Mark Kelly and Mary Peltola reporting hefty cash hauls, and Republicans such as Andy Barr and John Cornyn posting strong totals or benefiting from outside money—highlighting a high-stakes, expensive 2026 battlefield. Separately, ethics probes and internal reviews involving lawmakers like Cory Mills and Sheila Cherfilus-McCormick add to the political headwinds shaping the period leading up to votes and primaries.

politics1 month ago

1Q fundraising frenzy tightens cash gaps in key Senate contests

A live Politico roundup shows a flurry of fundraising across major races in the first quarter of 2026: Michigan’s Mallory McMorrow leads in-state Senate fundraising, with Abdul El‑Sayed close behind; big hauls also come from James Talarico in Texas, Roy Cooper in North Carolina, Sherrod Brown in Ohio, and Mark Kelly in Arizona, among others. Outside money and cash-on-hand gaps are shaping the field even as Florida ethics probes weigh on Cory Mills and Sheila Cherfilus‑McCormick. The report also notes scalable policy fights—FISA 702 reauthorization and EV registration fees—and broader budget battles that can influence donor sentiment and campaign fundraising.

politics1 month ago

GOP fights for clean 702 renewal amid AI privacy concerns and leadership shake‑up

House Republicans push for a clean, 18‑month extension of Section 702 while privacy guardrails and AI‑driven surveillance concerns gain steam from Wyden and allies; the day also features a GOP leadership change (Obernolte), budget talks on Iran funding, protests at a budget hearing, and large Democratic fundraising amid 2028 speculation, alongside ongoing ethics scrutiny in the House.