Elizabeth Warren’s 2020 Campaign Says It Raised $6 Million – The New York Times
At the same time, she is spending money quickly to build up a large campaign operation. Her campaign said it spent $5.2 million in the first quarter, leaving it with $11.2 million in cash on hand.
Ms. Warrenâs fund-raising at the beginning of her campaign did not impress. On Dec. 31, the day she announced her exploratory committee for president, she raised about $300,000 through the online donation-processing platform ActBlue, according to Federal Election Commission records. By contrast, Mr. OâRourke raised $6.1 million in his first 24 hours in the race, and Mr. Sanders raised $5.9 million in his first day, according to their campaigns.
A New York Times article detailing Ms. Warrenâs early fund-raising struggles, which was published online on the last day of the first quarter, helped create an outpouring for Ms. Warren, handing her one of her best fund-raising days of the quarter, according to a Democrat familiar with her fund-raising.
Supporters of Ms. Warren feared that she was being crowded out by Mr. Sanders on the partyâs left flank, but the campaignâs surge in the final week has at least temporarily allayed some of the concern. During that time, Ms. Warrenâs campaign team made several dramatic pitches to its donor base, sending emails that addressed the harshest criticisms of the campaign, such as one titled âCan She Really Win?â in which they laid out the campaignâs overarching strategy.
The emails, which track with private conversations among Ms. Warrenâs senior advisers, state that the senator believes three things will lead her to break out of the Democratic pack: an ability to do more political events because she is not devoting time to private fund-raisers, her well-praised policy rollouts and the campaign teamâs focus on digital organizing.
âThe relative numbers donât matter to me,â said John Walsh, a former chairman of the Massachusetts Democratic Party. âWho has the most money? No, that doesnât matter. Itâs, âDo you have enough money to run the campaign you said youâre going to run?ââ
Candidates must report their fund-raising for the first quarter to the Federal Election Commission by April 15, but campaigns can announce numbers before that deadline.