Brendan J. Doherty
@dohertybrendanj
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New book: Fundraiser in Chief: Presidents & the Politics of Campaign Cash || Political science professor at US Naval Academy || Views are my own, not DoD's
Joined January 2013
My new book, FUNDRAISER IN CHIEF: PRESIDENTS AND THE POLITICS OF CAMPAIGN CASH has been published! Curious about how, why, and for whom presidents spend so much time raising money, and the controversies that result? Check out the book!
kansaspress.ku.edu
Recent presidents have responded to the evolving rules of the campaign finance system and the competitive electoral landscape by devoting substantial amounts...
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A deadlocked FEC vote has opened the path for parties to buy campaign ads at lower rates, potentially shifting the fundraising balance of power in Senate races. Politico story by @allymutnick, @jsscppr, & @madfernandez616
ICYMI: Senate Republicans found a campaign-finance loophole that saves them millions on TV ads in the final weeks and helps them combat Dems' huge cash advantage The FEC just declined to place restrictions on the new strategy. So now Rs are going all in https://t.co/c4bPACPR1j
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Important @allymutnick story on the NRSC shifting its ad buys from independent expenditures to hybrid ads. Why? The law requires candidates to be offered the "lowest unit rate" for TV and radio ads close to an election, while parties pay higher rates for independent expenditures.
News: NRSC is canceling its remaining independent expenditure ad buys & shifting to "hybrid" ads — a move made to combat Dems' huge $$ edge A pro: hybrid ads are way cheaper The cons: They can be clunky & 1/2 the ad must be about a national party/issue https://t.co/bAFruxk5pQ
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VP Harris raised $27 million at a Wall Street fundraiser on Sunday, her biggest yield from a single fundraising event https://t.co/KHMdTtSNg0
apnews.com
Vice President Kamala Harris raised $27 million at a packed New York City fundraiser on Sunday. That's according to a Harris campaign aide who said it's the largest fundraising haul since Harris took...
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The latest eye-popping fundraising numbers in the 2024 presidential race: https://t.co/0UEMo3mQwt
cnbc.com
Vice President Kamala Harris raised $47 million from 600,000 donors in the first full day after her commanding debate performance against Donald Trump.
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The latest fundraising record to fall -- since the start of her campaign, VP Harris has raised an unprecedented $540 million for her joint fundraising committee benefitting her campaign, the DNC, and every Democratic state party. https://t.co/ATyE6qS9am
pbs.org
“Just before Vice President Harris’ acceptance speech Thursday night, we officially crossed the $500 million mark," campaign chair Jen O'Malley Dillon wrote in a memo released by the campaign on...
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Bundlers are the fundraisers who gather big contributions from other donors. This year, neither presidential campaign is disclosing their names. https://t.co/ZhQskUz2Qb
nytimes.com
Political campaigns are not required to disclose the names of their fund-raising “bundlers,” but many presidential candidates have done so in recent years.
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Presidential candidates spend so much time raising money for their campaign committee in increments of $3,300 per election or less since they never know when a megadonor like Mellon will write a $50 million check to a Super PAC https://t.co/Ejvq1M1yuW
politico.com
Timothy Mellon has now given $115 million this cycle to the group.
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Super PACs have been performing more core campaign functions in this race for the White House than in past election cycles. The latest example, reported by @teddyschleifer: https://t.co/4MwIHJJtlZ
nytimes.com
New federal rules allow political candidates to coordinate their efforts to canvass for votes with outside groups like super PACs.
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👀 Raised in July: Harris campaign + Dem committees: $310 million Trump campaign + GOP committees: $138.7 million Cash on hand: Harris: $377 million Trump: $327 million Harris: 2/3 of July $ from 1st-time donors; 94% of donations < $200 https://t.co/stO4y8YIrD
axios.com
Harris' campaign generated a jolt of enthusiasm — and influx of donations.
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Fascinating tea leaf about Harris's VP pick: @HansNichols reports that "The Harris campaign is pressing Wall Street donors to cut their checks as soon as possible, citing a financial rule that bars contributions to tickets featuring a sitting governor." https://t.co/fNS7IKaNf7
axios.com
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While Super PACs must be technically independent of campaigns, they are often run by close allies of the candidate they support. The latest example: https://t.co/cvO3IgFHdu
washingtonpost.com
The decision marks the first major exit from President Biden’s core team since he decided to step aside from the presidential race.
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Donors can only give $6,600 directly to a presidential campaign. But Timothy Mellon has given $75 million to support Trump, as well as $25 million aiding RFK Jr.'s third party bid. How? Party committees, joint fundraising committees, & Super PACs https://t.co/O95kkLLZlu
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A Super PAC spent $827,000 on Trump's legal expenses in June. Much less than the average of $4 million per month spent on his legal bills for the past two years. Since 2022 it has spent $83 million of donor money to pay Trump's lawyers, @AP reports. https://t.co/VzEA9PHofd
apnews.com
As former President Donald Trump faces a supercharged Democratic fundraising effort, a persistent drag on his campaign’s coffers may be easing: legal expenses.
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How have Dem fundraising dynamics changed since Biden stepped aside? @teddyschleifer has an inside look at how the Harris campaign is ramping up its fundraising operation and thinking about how to allocate the VP's scarce time https://t.co/0p2WQjt7sm
nytimes.com
Given weeks instead of years to cultivate donors, the vice president’s allies are armed with a new logo and burning up the phones.
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While Harris's early fundraising has set records, it takes time to make and execute a plan to spend that money on campaign ads. Republicans are filling that vacuum for now, outspending Democrats by a 25:1 ratio on TV and radio ads, @sppeoples reports https://t.co/J3JCv58KxN
apnews.com
Kamala Harris is already facing a wave of Republican-backed attack ads questioning her leadership, her progressive record and what she knew about President Joe Biden’s decline.
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Super PACs are supposed to be independent of candidates, but many function as a de facto extension of a candidate's campaign committee. Here's an interesting counterexample of a pro-Haley Super PAC endorsing Harris against Haley's wishes https://t.co/tZ6gUvq2kn
cbsnews.com
The group says they're reviewing the request, but that their effort to engage with Haley voters "will not be suppressed."
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Harris will raise much money on her own, but will fight for the funds she raised jointly with Biden. Candidates receive preferential ad rates & want as much controllable money as possible to spread their message about their vision of the more perfect union 15/15
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@sppeoples reports that Harris’s campaign and Democratic party committees raised $81 million in the first 24 hours after Biden stepped aside. https://t.co/WCcO5m31xA 14/x
apnews.com
Kamala Harris is smashing fundraising records as the Democratic Party’s donors — big and small — open their wallets for the vice president in the immediate aftermath of President Joe Biden's stunning...
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We are in uncharted waters. Harris has already asserted control over the $96 million in the Biden-Harris campaign account, and while a potential lawsuit might try to block her access to those funds, she’ll likely be able to use them. 13/x
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