Warren 2020 | Warren shuts down donor dinners, insider access

Warren 2020 | Warren shuts down donor dinners, insider access

Sen. Elizabeth Warren (D-Mass.) declared on Monday that her campaign would avoid raising money through events like dinners, donor calls, and cocktail parties.

Warren added that she won’t sell access to high-profile contributors, as candidates frequently do to generate money for a presidential run, in an email to supporters on Monday.

Warren has shown this by planning events where she poses for pictures with anyone who lines up and asks for one. Candidates typically place a premium on such access, charging up to $1,000 for a private photo.

In a statement to supporters, Warren stated, “My presidential primary campaign will be based on the concept of equal access for everybody who joins it.

That implies there should be no expensive receptions or exclusive fundraising events for wealthy donors. Additionally, I won’t praise supporters of my campaign dependent on the amount of their contribution. This implies that at our events, affluent donors won’t be able to buy better seats or one-on-one time with me. And it implies that I won’t be engaging in “call time,” in which candidates spend hours calling affluent contributors to solicit their support.

At a time when candidates are competing fiercely for contributions from tiny donors, Warren’s can fundraising stands out from the pack thanks to the constraints she placed on herself.

The Democrat, who officially began running for office earlier this month, has already vowed not to funding from super PACs or lobbyists.

She has challenged the other candidates in the large field of contenders to also refuse PAC funding. The likes of Amy Klobuchar, Kirsten Gillibrand, Cory Booker, and Kamala Harris (all Democrats) have stated they won’t accept corporate PAC funding (D-Minn.). Beto O’Rourke, a former Texas representative who is now a potential candidate, broke records in the 2018 midterm elections by forgoing PAC support and relying instead on modest-donor support.

Warren’s action, however, goes beyond that pledge, stating that she won’t spend time calling donors or hosting private fundraising dinners or receptions.

While Warren did have fundraisers throughout her time as a senator, her campaign claims that since she first announced her exploratory bid on December 31, Warren hasn’t hosted any.

Warren has a well-established network of small-dollar donors, but she has also appeared to trail behind other candidates in the primary race in early fundraisings, such as Harris and Sen. Bernie Sanders (I-VT), whose one-day collection of $6 million overwhelmed all his rivals.

#warren2020 #latestnews #livenews

Read more Business News , Today Politics Headline , Today Finace News Update ,Latest Social News Update , World Highlight , Entertainment Latest News , Today Sports News Update , Latest Education Update , Real Estate Today Update

Political