Politics

Bloomberg Determined to Spend Big on Dem Effort

New Federal Election Commission filings show The House Majority Pac, the super PAC backing House Democrats, ended 2019 with $37.7 million in the bank, raising more than $30 million in just the second half of the year.

Bloomberg Pledges Millions

A substantial amount of the funds came from former NYC Mayor and 2020 runner Michael Bloomberg, who donated $10 million in December. Other notable donations include $4 million from Fred Eychaner, $2 million from hedge-fund operator S. Donald Sussman, and $1 million from billionaire Haim Saban and real estate magnate George Marcus each. 

Earlier, the Senate Majority PAC announced its record sum of $61 million raised throughout 2019, ending the year with more than $47 million cash. 

The Republican National Committee also reported its best-ever non-presidential year on Thursday, breaking December’s record with a new one of $26.5 million, with the total from Trump’s reelection fundraising committees being $463.6 million for 2019, with $194.8 million cash, per Fox.

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