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Thu Feb 6, 2020, 07:14 AM

Bernie Sanders Raised $25 Million in January, More Than Any Rival in Any Quarter

The Vermont senatorís announcement came as the Biden, Buttigieg and Warren campaigns are showing signs of financial strain.

By Shane Goldmacher
Feb. 6, 2020, 6:00 a.m. ET

Excerpt:

Senator Bernie Sanders of Vermont raised $25 million in January, his campaign said on Thursday, a staggering sum that gives him an enviable financial advantage at an crucial moment in the Democratic primary race. He plans to use the windfall to immediately buy $5.5 million in television and digital ads across 10 states, at a time when some of his rivals are shifting or cutting their existing ad reservations.

The $25 million haul is more money than any other candidate raised in any full quarter during 2019, including several presidential hopefuls who hold the big-dollar fund-raisers that Mr. Sanders forgoes. The announcement is the latest sign of an epochal change in money in politics, with candidates now able to finance a top-tier national campaign fueled by masses of donors giving a steady stream of small amounts.

Mr. Sanders can now plan past the New Hampshire primary on Tuesday with greater financial confidence, an important development given the possibility of an extended Democratic primary with multiple candidates including Michael R. Bloomberg, a self-financing billionaire whose full influence will not be felt until March because he is skipping the first four contests.

Mr. Sandersís show of financial might came as the Democratic candidates are still awaiting final results from Mondayís Iowa caucuses, a delay that has had a dampening effect on any one contender developing momentum heading into New Hampshire. Mr. Buttigieg and Mr. Sanders are now all but tied in the Iowa delegate race, with 97 percent of precincts reporting, but the lack of an official winner makes it easier for Mr. Sanders to seize the spotlight with his good fund-raising news.

https://www.nytimes.com/2020/02/06/us/politics/bernie-sanders-donations.html


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