WASHINGTON (AP) — 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.
Minnesota Sen. Amy Klobuchar said she took in $11.4 million for her White House bid to close out the year. It was her campaign's best fundraising quarter.
Vermont Sen. Bernie Sanders, the strongest progressive voice along with Warren, said he raised more than $34.5 million in the same quarter, proving that his heart attack in October hasn't slowed his fundraising prowess. Sanders and Warren both rely heavily on small donations from donors that primarily come online.
Former Vice President Joe Biden rebounded from a summer slump to take in $22.7 million, also his best quarterly haul as a presidential candidate, while Pete Buttigieg, the former mayor of South Bend, Indiana, raised $24.7 million. Both typically use more traditional fundraising methods, including frequent gatherings with big donors that Warren and Sanders have shunned.
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.
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 Biden and Sanders. But lately, Warren's support has plateaued as Buttigieg has vaulted among the front-runners. Warren and Buttigieg have feuded for weeks about fundraising tactics, but Warren's latest donations total further suggests her overall momentum is slowing.
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, proving the grassroots nature of her appeal.
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.
Klobuchar said 145,126 people donated between September and December, with an average contribution of $32. Campaign manager Justin Buoen struck a similar tone to Lau's, citing a "massive surge in grassroots support."
Buoen attributed that rise to the Minnesota senator's strong performances in fall debates, which he said helped the campaign double its staff in Iowa and New Hampshire, where voters cast the first votes for the Democratic nomination beginning Feb. 3, and invest in the next two states — Nevada and South Carolina. The campaign also is spending money in states that will vote in the March 3 Super Tuesday contests.
The large amounts of money for so many Democratic presidential hopefuls are a positive sign but also 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 replace President Donald Trump.
Trump's campaign said it raised $46 million during the last quarter and had 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 — and will provide a more complete picture of where each stands than just the announcements of how much money they raised in the fourth quarter.
The Labor Department's January jobs report showed 467,000 jobs were added, compared to the 150,000 that were projected, a sign that employment is continuign to return to pre-pandemic levels. Lindsey Piegza, chief economist at investment bank Stifel, joined Cheddar to break down the report, noting the big gains but adding a note of caution. "Remember, even with this morning's stellar report, we're still millions below that level that we had reached prior to the onset of COVID-19," she said." Yes, we are recapturing jobs. We still have further ground that needs to be made before we can talk about reaching that previous peak." Piegza also discussed the role of the Federal Reserve going forward as the employment figures turn more positive.
As President Biden's poll numbers fall with Black voters, Rep. Ayanna Pressley (D-Mass. 7th District) joined Cheddar to discuss what she feels could help the embattled administration: deliver on policies. Pressley pointed to stalled legislation such as new voting rights laws and Build Back Betters and canceling student loan debt, which would go a long way to improving his standing with Black constituents. "President Biden has the authority and the power to alleviate this burden, which would also help in closing the racial wealth gap, and he can do it by executive action with the stroke of a pen," she said. "And it doesn't require one vote from Congress. So, the Biden administration just needs to deliver to Black America in a tangible and impactful way."
Mayor Ras Baraka of Newark, NJ and Ayana Morris, co-director of the documentary 'Why Is We Americans?,' join Cheddar News to discuss the new documentary highlighting the impact of the Baraka family.
Former New York City mayor and lawyer to Donald Trump Rudy Giuliani made his singing debut on a taping of Fox’s The Masked Singer. However, Ken Jeong and Robin Thicke, two judges on the competition show, reportedly left in protest when Giuliani was unmasked upon being eliminated.
All Hands celebrates Black History Month by highlighting achievements in inclusivity and paying homage to those who have fought for equal rights. Rep. Maxine Waters (D-CA) joins Cheddar News to discuss voter suppression; Damali Peterman, CEO of Breakthrough ADR, elaborates on the biggest barriers for Black professionals; Andre Perry, senior fellow of Brookings Institution, dives into student loans and the racial wealth divide; and lastly, BET CEO Scott Mills discusses the company's initiatives for 2022.
All month long Cheddar News is celebrating Black History Month.
In our nation’s capital, Black history is being made right now.
cheddar's own Arielle Hixon puts the spotlight on three lawmakers making that happen, Rep. Lauren Underwood (D-IL), Rep. Cori Bush (D-MO), and Sen. Tim Scott (R-SC).
Representative Maxine Waters (D-Calif. 43rd District) joined Cheddar News to talk about the current political climate in America, including efforts to roll back voting rights in multiple states in light of Black History Month. "Why do we have to deal with those who still believe that somehow this country only belongs to the whites of the country and that somehow they have to do everything that they can to undermine our voting and do voters suppression to keep us from being influential and at the table by which to solve problems?" she asked. Waters chided "two Democrats" who she said were stymying attempts to rectify the issue and also spoke on President Biden’s promise to nominate a Black woman to the Supreme Court.
