Last-minute appeal spares Warren from losing ‘front-runner’ status w/ embarrassing $17 million haul, on par with Andrew Yang…
(Liberty Headlines) Democratic presidential candidate Elizabeth Warren said Friday that she raised $21.2 million from October through December, with more than $1.5 million coming on the last day of the year.
But the Massachusetts senator still trailed a trio of other top rivals in fundraising and fell short of her total from the three previous months, reflecting a loss of momentum at best.
In the third quarter last year, Warren raised $24.6 million as months of strong, summer polling lifted her to front-runner status along with former Vice President Joe Biden and Sen. Bernie Sanders of Vermont.
But lately, Warren’s support has plateaued as Pete Buttigieg—the former mayor of South Bend, Indiana—has vaulted among the front-runners.
It could have been worse. In an email to supporters last week, Warren’s campaign said it had raised only about $17 million with just a few days to go in the quarter—which may have helped trigger the final-hours-of-the-year donation infusion.
In a message Friday, Warren campaign manager Roger Lau said the senator’s average contribution was $23, implying that Warren was still making good on her promise to focus on grassroots campaigning and to disavow big-dollar fundraisers like the “wine cellar” events she recently criticized Buttigieg for.
However, averages can be misleading. It is also possible that many individual $1 donations to Warren’s campaign would help to offset the larger mega-donor checks that Warren has relied on in the past from far-left billionaires like George Soros.
Lau wrote that, all told last year, nearly 1 million donors provided more than 2.7 million contributions to raise more than $71 million for Warren.
Sanders said he raised more than $34.5 million in the same quarter, prompting some Democratic operatives to speculate that Warren’s fading from the spotlight could position him as the strongest voice on the party’s radical progressive wing.
Biden rebounded from a summer slump to take in $22.7 million, also his best quarterly haul as a presidential candidate, while Buttigieg raised $24.7 million.
Entrepreneur Andrew Yang, who has not yet scored high enough in recent polls to qualify for the next Democratic presidential debate scheduled for Jan. 14 , announced receiving $16.5 million.
Minnesota Sen. Amy Klobuchar—who, unlike Yang, has qualified for the upcoming January debate—said she took in $11.4 million for her White House bid to close out the year.
It was Klobuchar’s best fundraising quarter, keeping her campaign on life support as the crowded field—with 14 Democratic candidates still officially campaigning out of 27 total—begins to thin out further.
The large amounts of money for so many Democratic presidential hopefuls indicate that the fight for the party’s nomination could continue for several months, making it difficult for candidates who don’t have strong campaign funding to stay in the race to take on President Donald Trump in this year’s general election.
Trump’s campaign said it raised $46 million during the last quarter as Democrats in the U.S. House worked to impeach him. The president’s re-election campaign has more than $102 million cash on hand.
The size of the Democratic candidates’ campaign bank accounts won’t be clear until the Jan. 31 federal reporting deadline. That will provide a more complete picture of where each stands than just the announcements of how much money they raised in the fourth quarter.
Adapted from reporting by the Associated Press