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Monday, April 15, 2019

2020 first-quarter fundraising totals released

South Bend, Indiana, Mayor Pete Buttigieg formally kicked off his presidential campaign Sunday in his hometown, but he began raising money for his exploratory committee back in January.

His first-quarter report landed Monday morning with the Federal Election Commission and confirms that Buttigieg, who was a little-known figure before last month, had a better-than-expected fundraising performance. He raised just shy of $7.1 million and spent a little more than $685,000 -- showing he is conserving his resources for the long primary battle ahead.

Nearly two-thirds of his money -- 64% -- came from donors who contribute in amounts of $200 or less, giving him a pool of people who can donate repeatedly without hitting contribution limits.

He started April with $6.4 million remaining in the bank -- a number that puts him ahead of New Jersey Sen. Cory Booker, who previously announced having $6.1 million still available.

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from CNN.com - RSS Channel https://cnn.it/2KBR4S5

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