EsquireDaily
News Opinions Politics World

A Gathering Political Storm Hits Georgia, With Trump on the Way

blank

But well-heeled Republicans have erased much of the Democrats’ financial advantage with giant donations to a super PAC that raised $70 million in less than three weeks from a who’s who of Republican megadonors, including Stephen Schwarzman of Blackstone ($15 million) and Ken Griffin of Citadel ($12 million). The media mogul Rupert Murdoch gave $1 million, as did his son, Lachlan, the chief executive of the Fox Corporation.

Ms. Loeffler, one of the wealthiest members of the Senate, put $23 million of her own money into her campaign to get to the runoff and her husband, Jeffrey Sprecher, the chairman of the New York Stock Exchange, has donated an additional $10 million to a pro-Loeffler super PAC.

Big contributions from Democratic donors are lagging the Republicans. The leading Senate Democratic super PAC raised a little more than $10 million in the 20 days after the general election, records show. The biggest donation — $2.5 million — came from the organization that Stacey Abrams created, Fair Fight, after her narrow loss in 2018 for the governor’s race.

As Ms. Abrams’s star power has increased, Fair Fight itself has emerged as a major magnet for Democratic giving, pulling in nearly $35 million in 40 days that ended Nov. 23. Ms. Abrams, widely credited with leading the Democratic renaissance in Georgia, also appeared in the virtual rally on Friday for the two Democratic candidates.

“We won this election decisively, and, despite the number of recounts, it keeps giving us the same answer: that Georgia Democrats showed up, that Georgians showed up and that we decided that we wanted to move this nation in the right direction,” Ms. Abrams said.

Mr. Ossoff voiced a major theme that both Democratic candidates were seeking to exploit: allegations that Ms. Loeffler and Mr. Perdue benefited from questionable stock trades as they learned about the seriousness of the coronavirus pandemic. “We’re running against, like, the Bonnie and Clyde of political corruption in America, who represent politicians who put themselves over the people,” he said. Mr. Perdue and Ms. Loeffler have denied any inappropriate financial dealings.

On Friday, Mr. Pence rallied on behalf of Ms. Loeffler and Mr. Perdue in Savannah, where he warned that Democrats would advance a liberal, big-government agenda if they were allowed to seize control of the Senate.

Related posts

Little-Known Lawyer Pitched Trump on Extreme Plans to Subvert Election

Ray Morrison

Turkish-Backed Syrian Fighters Join Armenian-Azeri Conflict

David Appleton

How Trump’s Billion-Dollar Campaign Lost Its Cash Advantage

Ray Morrison

Catholics offer prayers for the president, Justice Ginsburg at annual Red Mass

Ray Morrison

Former aide to Andrew Cuomo wants court to narrow scope of federal bribery law

Ray Morrison

China Exports Generate Record Trade Surplus

David Appleton

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy