SARA BURNETT and WILL WEISSERT Associated Press

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.

Share:
More In Politics
Federal Appeals Court Rules Restrictive Texas Abortion Law to Stay in Place
Women's March ATX rally, Saturday, Oct., 2, 2021, at the Texas State Capitol in Austin, Texas. An expected decision by the U.S. Supreme Court in the coming year to severely restrict abortion rights or overturn Roe v. Wade entirely is setting off a renewed round of abortion battles in state legislatures. (AP Photo/Stephen Spillman, File)
Inflation Surges to 39-Year High in December
Inflation in the U.S. is only getting hotter. The 12-month inflation rate for December 2021 was the highest in nearly 40 years - continuing the trend seen at the close of 2021. The Consumer Price Index increased 7% in the 12-month period ending in December, marking the fastest increase since 1982. Scott Wren, Senior Global Market Strategist at Wells Fargo Investment Institute, joined Cheddar's Movers for more.
RNC Releases Letter to Committee on Presidential Debates
If President Biden runs for re-election in 2024, he may not have anyone to debate. The Republican National Committee sent a letter to the commission on presidential debates, saying the RNC will require candidates to pledge not to participate in those general election debates. Paris Dennard, RNC national spokesperson, joins Cheddar News to discuss.
Pennsylvania AG Josh Shapiro Details Navient's Predatory Student Loan Schemes
Student loan collection company Navient agreed to cancel $1.7 billion in debt and paid more than $140 million in other penalties to settle a lawsuit over abusive lending practices. Josh Shapiro, the attorney general of Pennsylvania who led negotiations in the settlement, joined Cheddar to go over the details of the company's predatory lending. "What Navient would do is charge [borrowers] these exorbitantly high rates, even though they knew people couldn't pay them or they would likely default on them," he explained.
Jan. 6 Committee Subpoenas Big Tech for Information on Capitol Insurrection
The January 6 committee has subpoenaed four tech giants for more information on what they did and didn't do leading up to last year's deadly Capitol insurrection. Google, Facebook, Twitter, and Reddit were asked to assist the investigation in August, but the committee says their responses have been 'inadequate.' Craig Timberg, a national technology reporter at the Washington Post, joins Cheddar News' Closing Bell for more details about the subpoenas, why this is happening now, and how it might impact social media companies moving forward.
Novak Djokovic Gets Australia Visa Revoked for Second Time
With the Australian Open set to begin on Monday, Novak Djokovic is once again being threatened with deportation from Australia after his visa was briefly reinstated and revoked again over alleged discrepancies. Djokovic’s team will sit for an Immigration hearing on Saturday.
Issues Facing the Black Community Ahead of MLK Day
Jewell Jackson McCabe, chair of the Keep Love Alive Campaign and founder of the National Coalition of 100 Black Women, and Marvin Owens, chief engagement officer of Impact Shares and former senior director of Economic Development at the NAACP, join Cheddar News to reflect on racial issues still prevalent in America.
Load More