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Florida Made It Easier for DeSantis to Fund His Campaign

May 30, 2023 at 7:04 pm EDT By Taegan Goddard Leave a Comment

“Gov. Ron DeSantis’ administration has quietly changed state guidelines, essentially giving its blessing for a state-level political committee he previously ran to move millions of dollars to a super PAC helping his presidential campaign,” NBC News reports.

“For years, elections officials said such a transfer to federal super PACs would not be allowed. But in March — just months before DeSantis formally launched his bid for president — officials at the Florida State Department, the DeSantis administration entity that regulates state elections, changed its handbook to assert that such moves are allowed.”

“The timing is notable because a state-level political committee DeSantis led for the past five years, known as Friends of Ron DeSantis, is widely expected to transfer $80 million to a federal super PAC called Never Back Down that is supporting his just-launched bid for president.”

Filed Under: 2024 Campaign, Campaign Finance

Super PAC to Transfer Money Directly to DeSantis

May 27, 2023 at 5:31 pm EDT By Taegan Goddard Leave a Comment

“A super PAC backing Florida Gov. Ron DeSantis’ presidential run has raised $500,000 into a separate draft committee that is expected to be transferred directly to his campaign in the coming days,” CBS News reports.

“The group, ‘Never Back Down’ has been encouraging donors to contribute online to the ‘Draft DeSantis 2024 Fund,’ a super PAC created in early March to house money from DeSantis donors until his campaign launch. Super PACs can raise unlimited funds, but they are generally considered expenditure-only, meaning they cannot contribute directly to a candidate.”

“Campaign finance experts called the move ‘unprecedented’ and had mixed reactions on if it violated FEC regulations.”

Filed Under: 2024 Campaign, Campaign Finance

George Santos Appoints Himself as Campaign Treasurer

May 19, 2023 at 7:21 pm EDT By Taegan Goddard Leave a Comment

Rep. George Santos (R-NY), “the New York Republican under indictment for campaign finance violations, appointed himself as his own campaign treasurer Friday,” Bloomberg reports.

“Santos follows a line of people overseeing his campaign finances since his November election: Nancy Marks, a longtime New York GOP operative who resigned as his treasurer in January; Thomas Datwyler, who denied ever accepting the job after his name appeared on FEC paperwork; and Andrew Olson, who had never served as a campaign treasurer and whose only identifying information was a Google email address.”

Filed Under: Campaign Finance, House of Representatives


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How to Raise $89 Million in Small Donations

May 14, 2023 at 1:39 pm EDT By Taegan Goddard Leave a Comment

New York Times: “A group of conservative operatives using sophisticated robocalls raised millions of dollars from donors using pro-police and pro-veteran messages.”

“But instead of using the money to promote issues and candidates, nearly all the money went to pay the firms making the calls and the operatives themselves, highlighting a flaw in the regulation of political nonprofits.”

Filed Under: Business of Politics, Campaign Finance

Herschel Walker Mum on Campaign Finances

May 12, 2023 at 8:39 am EDT By Taegan Goddard Leave a Comment

“During his ill-fated run for U.S. Senate last year, Herschel Walker repeatedly declined to answer even simple questions about his policy stances, his background and how he would vote if elected,” the Atlanta Journal Constitution reports.

“He appears to be taking a similar strategy as a defeated candidate as he faces new questions about his campaign finances.”

“Walker and his wife have declined to answer repeated questions from the AJC about accusations that he directed more than half a million dollars in campaign donations to one of his own businesses.”

Filed Under: Campaign Finance

How Leonard Leo Hides His Right-Wing Dark Money

May 6, 2023 at 4:58 pm EDT By Taegan Goddard Leave a Comment

Common Dreams: “Newly released tax filings by Schwab Charitable—one of the nation’s largest sponsors of what are called donor-advised funds—offers another major piece of information on how this ‘dark money‘ moves.”

Filed Under: Campaign Finance

Texas Churches Made Illegal Campaign Contributions

May 5, 2023 at 6:09 pm EDT By Taegan Goddard Leave a Comment

“Three churches in West Texas have made financial contributions to a pastor running for a hotly contested seat on the Abilene City Council, a clear violation of federal rules prohibiting nonprofits and churches from endorsing candidates,” the Texas Tribune reports.

Filed Under: Campaign Finance

Emails Reveal Herschel Walker Money Scandal

May 3, 2023 at 10:43 pm EDT By Taegan Goddard Leave a Comment

“When Herschel Walker emailed a representative for billionaire industrialist and longtime family friend Dennis Washington in March 2022, he seemed to be engaging in normal behavior for a political candidate: He was asking for money,” the Daily Beast reports.

“But unbeknownst to Washington and the billionaire’s staff, Walker’s request was far more out of the ordinary. It was something campaign finance experts are calling ‘unprecedented,’ ‘stunning,’ and ‘jaw-dropping.’ Walker wasn’t just asking for donations to his campaign; he was soliciting hundreds of thousands of dollars for his own personal company—a company that he never disclosed on his financial statements.”

Filed Under: Campaign Finance

Small Donors Have Made Democracy Worse

May 1, 2023 at 1:00 pm EDT By Taegan Goddard Leave a Comment

David Byler: “Small-dollar donors were supposed to save democracy. Reformers had hoped that grass-roots political fundraising — connected by the internet and united against corruption — would become a formidable force to counter the money that wealthy individuals funnel to candidates.”

“Only half of that would become true. Small-dollar donors are indeed powerful today — but they have made politics worse, not better.”

“This has manifested in different ways depending on the party. For Republicans, small-dollar donors have bankrolled bomb-throwers who treat Congress like the Thunderdome. For Democrats, they have wasted hundreds of millions of dollars on ridiculous, fantasy-driven campaigns. And even when they flood a race with cash, they do little to lessen the influence of big donors.”

Filed Under: Campaign Finance, Democracy

How DeSantis Could Unlock $86 Million for 2024 Bid

April 29, 2023 at 5:04 pm EDT By Taegan Goddard Leave a Comment

“Florida Gov. Ron DeSantis is poised to jump into the Republican presidential primary in the coming months with an $86 million pot of donor money—and a legally questionable strategy for using it,” the Wall Street Journal reports.

“The cash, currently sitting in a Florida political committee fund, would need to take a circuitous path to help him: It is illegal to use money raised for a state election to run for federal office, meaning Mr. DeSantis can’t simply transfer it into a presidential campaign account.”

“Instead, Mr. DeSantis’s allies plan to give the funds to a new super PAC led by some of his closest friends.”

Filed Under: 2024 Campaign, Campaign Finance

Top Republicans Balk at WinRed’s Plan to Charge More

April 28, 2023 at 10:42 am EDT By Taegan Goddard Leave a Comment

“A battle over a threatened price increase has exposed growing tensions between top Republican Party officials and the company with a virtual monopoly on processing Republican campaign contributions online,” the New York Times reports.

“Party leaders have risen up in opposition to the proposed price increase, which would siphon millions of dollars from GOP campaigns less than 20 months after the company, WinRed, had said its finances were robust enough to forego an extra fee on every transaction.”

“Democrats process most online donations through ActBlue, which, unlike WinRed, is an independent nonprofit.”

Filed Under: Campaign Finance, Republicans

DeSantis Super PAC Acts Like Shadow Campaign

April 19, 2023 at 2:02 pm EDT By Taegan Goddard Leave a Comment

Washington Post: “Activists at 27 universities will soon begin meeting twice a month to organize their peers under the banner of Students for DeSantis. Office space supporting the Florida governor’s presidential ambitions will open in each of the early-voting states. And names have already been gathered by clipboard in Iowa to launch a door-knocking army.”

“But none of these efforts will be a part of the as-yet-unannounced DeSantis campaign. Rather they are being funded and organized by Never Back Down, a technically independent super PAC that unlike federal candidates can accept donations of any value from wealthy individuals and corporations.”

“The arrangement marks a new frontier in the rapidly shifting campaign finance landscape that governs presidential efforts, as outside groups allied with candidates behave more and more like traditional campaigns.”

Filed Under: 2024 Campaign, Campaign Finance

Small Donors Abandon Kyrsten Sinema and Joe Manchin

April 19, 2023 at 11:42 am EDT By Taegan Goddard Leave a Comment

“Small donors have largely abandoned Sens. Kyrsten Sinema and Joe Manchin as they have strayed from the Democratic Party, although they are attracting larger donors with ties to a centrist organization,” the Wall Street Journal reports.

“Ms. Sinema of Arizona and Mr. Manchin of West Virginia each raised less than 1% of their campaign money between Jan. 1 and March 31 from donors who gave $200 or less. Those are among the lowest percentages in the Senate—and well below their previous grassroots fundraising levels, Federal Election Commission filings show.”

Filed Under: 2024 Campaign, Campaign Finance

George Santos’ Mysterious Campaign Loans

April 18, 2023 at 8:22 am EDT By Taegan Goddard Leave a Comment

Daily Beast: “Rep. George Santos (R-NY) announced Monday that he would, counter to previously reported promises, run for another term in Congress. But it’s his latest campaign finance report—filed just a few days earlier—that’s truly mystifying watchdogs, as Santos made yet another seemingly inexplicable change to a central question about his finances: How, and now when, did he loan his campaign hundreds of thousands of dollars?”

“The latest filing changed four things about the more than $700,000 in questionable loans that Santos made to his 2022 campaign: the dates he made them, the dates they came due, the amounts of the individual loans, and the total amount.”

Filed Under: Campaign Finance

Nikki Haley Inflated Her Fundraising Totals

April 16, 2023 at 7:13 am EDT By Taegan Goddard Leave a Comment

“Earlier this month, Nikki Haley’s presidential campaign touted an impressive number: A news release said the former South Carolina governor and U.N. ambassador had raised more than $11 million in the six weeks since launching her campaign for the GOP nomination,” the Washington Post reports.

“But filings on Saturday with the Federal Election Commission show that her campaign drastically overstated its haul. The campaign appears to have double-counted money it moved among various committees.”

Filed Under: 2024 Campaign, Campaign Finance

Trump Ignores Deadline for Financial Disclosure

April 10, 2023 at 4:01 pm EDT By Taegan Goddard Leave a Comment

“Former President Donald Trump has a minor addition to his mounting pile of legal challenges after he failed to meet the deadline to disclose his personal financial holdings,” the New York Times reports.

“But the threatened initial penalty — a meager $200 — is the latest sign of how weak federal enforcement of campaign laws has become.”

Filed Under: Campaign Finance

Peter Thiel’s Secretive Spending

March 28, 2023 at 7:23 am EDT By Taegan Goddard Leave a Comment

Important Context: “The Thiel Foundation, the nonprofit charity of billionaire and right-wing megadonor Peter Thiel, gave millions of dollars in 2021 to a secretive donor-advised fund that has funneled money into groups that spread Covid denial as well as hate groups, federal tax records reveal.”

Filed Under: Campaign Finance

Prosecutors Want Sam Bankman-Fried Donations Returned

March 22, 2023 at 10:54 am EDT By Taegan Goddard Leave a Comment

Federal prosecutors are demanding that lawmakers disgorge political donations from indicted FTX founder Sam Bankman-Fried and his employees, Semafor reports.

Filed Under: Campaign Finance

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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