Today, Donald Trump holds his first high-profile fundraiser following his fundraising deal with the RNC:
- San Francisco Chronicle: "he will very publicly break one of his core campaign promises: that he is not beholden to special interests because he is self-funding his presidential run." HuffPo.
- Associated Press: "Trump insists that his about-face from self-funded candidate to one who relies on donors is happening only at the request of the Republican National Committee." This may be a tactic to assuage voter concerns that he's selling out to big money for his own gain, but, as the AP story points out, "The deal itself shows Trump comes first."
- Hollywood Reporter on Hollywood conservatives fretting over supporting Trump: "In fact, several celebrities and wealthy entertainment executives tried, largely unsuccessfully, to wrangle free entrance into Wednesday's fundraiser — which costs as much as $100,000 per couple — not necessarily to save money, but because buying a ticket means they’d have to publicly disclose their choice for president earlier than they are willing to do so."
- #RichDonorProblems: “It’s a mistake to give money early in the season because your politics will become a topic of discussion around town. It wears you down" says writer-producer-director Lionel Chetwynd.
- Washington Post's Matea Gold on GOP money players joining the Trump Victory Fund: "The participation of some of the party's best-connected bundlers shows how rapidly opposition to Trump is melting in the donor class." Watch Matea on PBS.
Huffington Post: These States Are Stepping Up To Reform Money In Politics In 2016
Paul Blumenthal has a new piece on how states and localities including Washington, South Dakota, Arizona, Idaho, and Miami-Dade County are leading the way on reforms to reduce the power of big money in politics. Every Voice's David Donnelly: “These organizations and leaders know that they are charting a new story on the issue of money in politics. It’s a story that won’t be about super PACs, it will be about citizens.”
New York Times: $1 Billion Went to Buffalo. Cuomo Donors Benefited.
$1 billion was meant to revitalize the city of Buffalo. But: "federal investigators’ interest seems to lie less with whether the people of Buffalo will ultimately benefit than with those who already have: a tangle of well-connected players — including developers and frequent donors to the governor — who have feasted on Buffalo Billion money."
CBS: Cuomo Seeks To Close Campaign Finance Loophole In Fight Against Corruption
Also in NY: "Gov. Andrew Cuomo on Tuesday unveiled a new proposal to close a campaign finance loophole linked to Albany’s culture of corruption. The governor naming the legislation one of his top priorities as lawmakers entered the final days of their session." Newsday.
President Obama speaking in Vietnam (notice what he lists first): “We still deal with our shortcomings: Too much money in our politics, and rising economic inequality, racial bias in criminal justice, women still not being paid as much as men doing the same job”
Sunlight Foundation: Deadlock over political coercion at work causes 3 FEC commissioners to issue scathing statement
Ugh: "Three members of the Federal Election Commission issued sharp criticism of their fellow commissioners after the agency, not surprisingly, deadlocked on a “reason to believe” vote concerning the coal mining company Murray Energy.Thanks to FEC deadlock, another troubling campaign finance issue is dropped without even opening an investigation"
Politico: Feds scrutinizing Corker's finances
"The FBI and Securities and Exchange Commission are scrutinizing Tennessee GOP Sen. Bob Corker’s personal finances, including stock transactions involving one of the nation’s top developers of shopping centers and malls, according to multiple sources familiar with the probe."
Washington Post: McAuliffe in ‘shock’ over FBI investigation of campaign money, personal finances
"Virginia Gov. Terry McAuliffe (D) traveled the state Tuesday declaring himself innocent amid an ongoing federal investigation of his 2013 campaign and personal finances, as supporters and critics alike puzzled over its impact."
Look out for a report today from US PIRG on how a small-donor program could give everyday people a bigger voice in Washington, DC. Sneak peak:
- Less than 40% of the funds for recent local races came from DC residents.
- Candidates for elected office received less than 5% of their total funds from DC residents giving less than $100.
- If the Citizens Fair Elections Act had been in place in 2012 and 2014, DC residents giving less than $100, and the corresponding public matching funds proposed in the legislation, would have accounted for 64% of fundraising for competitive candidates to DC elected offices.
LA Times: Bernie Sanders unveils California television ad
In the ad Sanders says, “What choice do Californians have in this election? The biggest one of all. You have the power to choose a new direction for the Democratic Party. To break the back of a corrupt system of campaign finance that keeps the rigged economy in place."
Bernie Sanders in Riverside, CA: "Whether you're conservative or progressive, you should run for office without having to beg billionaires for money"
Politico: Hardee's executive makes list of Trump, RNC bundlers
"The joint fundraising committee organized between Donald Trump and the Republican National Committee on Tuesday unveiled its list of bundlers, featuring an array of business figures, ambassadors and state party officials." USA Today.
Washington Post: Four months after fundraiser, Trump says he gave $1 million to veterans group
"Almost four months after promising $1 million of his own money to veterans’ causes, Donald Trump moved to fulfill that pledge Monday evening — promising the entire sum to a single charity as he came under intense media scrutiny."
Wall Street Journal: Lewandowski: Trump Paid ‘Lowest Tax Rate Possible’
Trump's campaign manager on Trump's money mindset: “He is going to pay the smallest amount of taxes possible, which I think the American people also understand. Every deduction possible. He fights for every single dollar. That’s the mindset you want to bring to the government.”
CT Post: Fiorina headlines state GOP fundraiser in the year of Trump
Carly Fiorina headlines the Connecticut GOP’s annual Prescott Bush Awards dinner Tuesday night in Stamford.
NJ.com: The No. 1 problem that could hurt Booker's VP chances
"What could affect that tryout is Booker's support from Wall Street donors at a time when Vermont Sen. Bernie Sanders has fueled his insurgent Democratic presidential campaign through attacks on the securities industry."
BuzzFeed: Clinton Fundraiser Slams Campaign For Ignoring Transgender Survey
"A major fundraiser for Hillary Clinton told BuzzFeed News on Tuesday that her campaign’s refusal to fill out a survey on transgender rights is a tactical error that may expose the presidential candidate to blowback from the left." Lane Hudson: “a lot of the money I’ve raised has been LGBT money.”
The Daily Beast: From Team Hillary to Vietnam Lobbyist
On President Obama's decision to sell weapons to Vietnam:"Clinton has been silent on the president’s decision -- a move which has drawn scorching criticism from human rights groups. But the D.C. lobbying firm most publicly associated with the Clintons raked in more than $1 million by greasing the skids for the despotic government there."
Reuters: Bill to cloak U.S. 'dark money' seen as harmful to charity fraud fight
"Fighting charity fraud could become more difficult under a Republican bill in Congress to prohibit the U.S. Internal Revenue Service from collecting the names of top donors to charities and other nonprofit groups, critics warned on Tuesday."
Bloomberg: Gingrich Delays Settling Debts From 2012 Campaign
"Former House Speaker Newt Gingrich still has not paid off $4.6m in debts from 2012 campaign"
The Cap Times: Tom Frazier: Wisconsin's real voting problem — it's not voter impersonation
"Two recent reports, one from the League of Women Voters of Wisconsin and one from Common Cause in Wisconsin, shed light on Wisconsin’s voting problems. And the problems do not include people impersonating other people in order to vote illegally — the problem that is supposedly addressed by Wisconsin’s photo ID law."
The News Tribune: NRA to pay $15,000 for breaking state campaign-finance rules
"The National Rifle Association and a related political-spending committee have agreed to pay a combined $15,000 in fines in connection with late campaign-finance-disclosure reports made during a 2014 political campaign."