Connect with us

Hi, what are you looking for?

Deluxe Investment Group – Investing and Stock NewsDeluxe Investment Group – Investing and Stock News

Latest News

Ron DeSantis campaign raises $20 million in first six weeks

Republican Ron DeSantis raised $20 million in the six weeks following the official announcement of his run for president, his campaign said Thursday — demonstrating his ability to marshal resources despite an uneven launch in late-May.

The Florida governor is running a distant second behind former president Donald Trump in a race that looked more competitive earlier this year, polls of the Republican primary show. As his allies hope for a turnaround, his campaign cash and a wide network of wealthy donors — along with $130 million amassed by a super PAC — could help him raise his profile and compete in key battlegrounds through the purchase of pricey television ads, direct mail pieces and mobilization efforts.

The DeSantis campaign disclosed the sum to reporters a day after aides to Trump said the former president had raised more than $35 million in the second quarter of 2023 for his official campaign and his separate leadership PAC, Save America, which he has used to pay some of his legal bills.

Trump aides did not detail how much money was raised for each of his entities in the second quarter. Reports on the amounts that both DeSantis and Trump raised and spent between April and June are not yet available from the Federal Election Commission.

DeSantis’s campaign did not say how much cash it had in its campaign account at the end of the second quarter. It also did not disclose the size of the average donation it received.

In the first three months of 2023, Trump raised about $14.5 million for his campaign and another $4.3 million for the post-presidency PAC that he has used to pay advisers and to stage events. The former president has picked up the fundraising pace as he faces growing legal peril and has been indicted twice this year.

Never Back Down, the super PAC playing an unusually expansive role in DeSantis’s bid, has raised $130 million since launching. Much of that is left over from DeSantis’s gubernatorial reelection effort. In May, a Florida political committee that had been holding the extra funds transferred $82.5 million to Never Back Down. One megadonor, Robert Bigelow, this spring took credit for more than $20 million of the total super PAC tally.

Fox News first reported the campaign’s first-quarter fundraising and the latest sum raised by Never Back Down.

Super PACs can accept unlimited donations — unlike campaigns, which are subject to strict contribution caps — but cannot coordinate their spending with the campaign and pay higher rates for TV advertising than candidates.

In a departure from the norms of past presidential races, Never Back Down has taken on much of the DeSantis field operations, handling voter outreach tasks typically helmed by campaigns.

DeSantis has struggled to gain traction after losing ground to Trump in national polling this spring. His campaign manager, Generra Peck, said in a statement Thursday that the fight to get America “back on track” is going to be “long and challenging,” and added, “we have built an operation to share the governor’s message and mobilize the millions of people who support it.”

Michael Scherer contributed to this report.

This post appeared first on The Washington Post

Enter Your Information Below To Receive Latest News, And Articles.



    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    Florida Gov. Ron DeSantis (R) needs a massive infusion of cash in the next two months of the Republican presidential primary race to help...

    Editor's Pick

    ERP or Enterprise Resource Planning solutions help businesses of all sizes manage their daily business operations. First used in the 1990s, ERP systems have...

    Latest News

    The United States could be on track for a Joe Biden-Donald Trump rematch in 2024, but it’s the president’s son Hunter Biden who earned...

    Latest News

    A week ago, a Jan. 6 defendant was arrested near Barack Obama’s in D.C. with what the government says was a machete, two guns...

    Disclaimer: Deluxeinvestmentgroup.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 deluxeinvestmentgroup.com