Big-money Democratic donors have jumped off the sidelines of the presidential race, and three candidates are the clear winners of their support: Joe Biden, Pete Buttigieg and Kamala Harris.
Each of those three candidates received more than 220 donations from top fundraisers who helped raise at least $100,000 (and sometimes many multiples more) for Hillary Clinton’s 2016 campaign or at least $50,000 for Barack Obama in 2012, according to a POLITICO analysis of Federal Election Commission data. Members of this group of nearly 2,000 so-called “bundlers” have tapped their personal networks in the past to collectively raise tens of millions of dollars for Democratic campaigns.
The article goes on to state the following:
But while top Democratic fundraisers donated more money in the second quarter than in the slow first three months of the race, many are no closer to choosing a single candidate: Close to 40 percent of the 810 bundlers who have donated to a 2020 Democrat so far have given to more than one candidate.
And while the Democratic field has largely fought to be the party of small-dollar donors in 2020, Biden, Buttigieg and Harris in particular have hustled for bundler support behind closed doors during the early months of the campaign.
Big-money Democratic donors are placing their bets on Joe Biden, Pete Buttigieg and Kamala Harrishttps://t.co/Puq9f1Yl96
— POLITICO (@politico) July 18, 2019
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