WASHINGTON -- The month-old Senate campaign of consumer advocate Elizabeth Warren has attracted contributions from big liberal donors, her colleagues at Harvard, and, most notably, a huge base of small-dollar donors, according to her campaign's first filing with the Federal Election Commission.
Of the $3.15 million that Warren raised for her challenge to freshman Sen. Scott Brown (R-Mass.), 56 percent ($1.7 million) came from donors giving less than $250. Considering Warren’s star status across liberal blogs, it is not surprising that she would be able to raise money in small chunks.
But the money her campaign is also raising in big chunks is coming from some notable names. The billionaire hedge fund manager and well-known liberal donor George Soros donated $2,500 -- the maximum donation allowed per individual, per election. The Soros family has also ponied up with Soros’ daughter Andrea, her husband Erik Colombel, Soros' son Alexander and Jennifer Soros, the wife of Soros' other son Jonathan, each chipping in $2,500 to the Warren campaign.
Well-known Democratic donors giving to Warren include singer Barbra Streisand, filmmaker Steve Bing, television producer Marcy Carsey, businessman Leo Hindery and DreamWorks CEO Jeffrey Katzenberg. They have each given $2,500 to the campaign.
Warren’s campaign, which still has to go through a Democratic primary, is already getting support from Democratic lawmakers in Washington, D.C. Sen. Harry Reid (D-Nev.) and Sen. Dick Durbin (D-Ill.), the top two members of the Democratic Senate leadership, each gave $5,000 through their leadership PACs. Sens. Tom Harkin (D-Iowa), Kay Hagan (D-N.C.), Kirsten Gillibrand (D-N.Y.) and Debbie Stabenow (D-Mich.) gave a combined $7,000 through their leadership PACs. Sen. Jeff Merkley (D-Ore.) personally gave $250 to the Warren campaign and Bay State Rep. John Olver (D-Mass.) donated $2,500.
Colleagues of Warren’s at Harvard University are also very supportive of her bid, contributing at least $32,250 collectively.
The Warren campaign has spent very little of the money that it raised, only $110,388. The Huffington Post reported on Tuesday that Warren paid $8,275 to the Hillary Clinton for President campaign committee for access to the campaign’s list. The Warren campaign also paid $2,500 to the Democratic Party to rent their list.
Introduces Financial Product Safety Commission
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Elizabeth Warren announced a bill creating a Financial Product Safety Commission with House and Senate Democrats in March 2009. The body was designed to have oversight over mortgages and other financial instruments to protect consumers against predatory practices. She said if the agency had existed before the subprime collapse then "there would have been millions of families who got tangled in predatory mortgages who never would have gotten them." HuffPost's Ryan Grim reported:
Without all these toxic assets on banks' balance sheets, the institutions wouldn't be on the brink of collapse and the recession would be more manageable. "Consumer financial products were the front end of the destabilization of the American economic system."
Sen. Charles Schumer's cosponsorship of the bill is notable because of his proximity to Wall Street. The bill's merit, the New York Democrat said, is that it regulates the actual financial product rather than the company producing it.
Elizabeth Warren announced a bill creating a Financial Product Safety Commission with House and Senate Democrats in March 2009. The body was designed to have oversight over mortgages and other financial instruments to protect consumers against predatory practices. She said if the agency had existed before the subprime collapse then "there would have been millions of families who got tangled in predatory mortgages who never would have gotten them." HuffPost's Ryan Grim reported:
Without all these toxic assets on banks' balance sheets, the institutions wouldn't be on the brink of collapse and the recession would be more manageable. "Consumer financial products were the front end of the destabilization of the American economic system."
Sen. Charles Schumer's cosponsorship of the bill is notable because of his proximity to Wall Street. The bill's merit, the New York Democrat said, is that it regulates the actual financial product rather than the company producing it.
Elizabeth Warren announced a bill creating a Financial Product Safety Commission with House and Senate Democrats in March 2009. The body was designed to have oversight over mortgages and other financial instruments to protect consumers against predatory practices. She said if the agency had existed before the subprime collapse then "there would have been millions of families who got tangled in predatory mortgages who never would have gotten them." HuffPost's Ryan Grim reported:
Without all these toxic assets on banks' balance sheets, the institutions wouldn't be on the brink of collapse and the recession would be more manageable. "Consumer financial products were the front end of the destabilization of the American economic system."
Sen. Charles Schumer's cosponsorship of the bill is notable because of his proximity to Wall Street. The bill's merit, the New York Democrat said, is that it regulates the actual financial product rather than the company producing it.
WASHINGTON -- The month-old Senate campaign of consumer advocate Elizabeth Warren has attracted contributions from big liberal donors, her colleagues at Harvard, and, most notably, a huge base of smal...
WASHINGTON -- The month-old Senate campaign of consumer advocate Elizabeth Warren has attracted contributions from big liberal donors, her colleagues at Harvard, and, most notably, a huge base of smal...
This post has been updated. Harvard law professor and Democratic Massachusetts Senate candidate Elizabeth Warren is refining her relationship with the Occupy Wall Street movement,...
Harvard Law Professor Elizabeth Warren, who is running for U.S. Senate in Massachusetts as a Democrat, revealed that she was a Republican until the 1980s,...
WASHINGTON -- Sen. Scott Brown (R-Mass.) is paying tens of thousands of dollars to campaign consultants and fundraisers with histories of playing hardball, a review...
WASHINGTON -- In a fundraising email sent on behalf of Sen. Scott Brown (R-Mass.) on Tuesday, Sen. John McCain (R-Ariz.) accuses Brown's likely opponent, Democratic...
WASHINGTON -- A bipartisan group of 37 attorneys general publicly gave their support to President Barack Obama's nominee to head the Consumer Financial Protection Bureau,...
WASHINGTON -- Democrats and unions are forming a super PAC in Massachusetts to oppose the re-election of Republican Sen. Scott Brown. The unlimited-money committee, called...
WASHINGTON (AP/The Huffington Post) -- Massachusetts Sen. Scott Brown blamed his staff Thursday for passages about his upbringing on his official Senate website that were...
In fact, if we look at the June 2009 starting point that Perry refers to, unemployment got worse in Texas – going from 7.7 percent in
Read More... June 2009 to 8.4 percent in July 2011.
and:
Since Perry took office, private sector employment has gone up by 10 percent and government sector employment has climbed 18.3 percent
and this:
Perry also has used state money to encourage job growth outside government, giving grants to businesses to create jobs as part of the Texas Enterprise Fund.
Gosh, I don't know, but isn't there a GOP slogan something like "government can't create jobs"? And yet, Perry (and ciscoguy!) sure love to tout employment numbers directly resulting from government jobs or government stimulus. Funny, no?
CabinAgue: For ciscoguy, who seems to not have quite all the
She has a nice face....looks so humble...almost a Mother Theresa. But this woman has always gone for the gold ring for herself. Professor at Harvard to train the new Goldman Sachs of the world and now a senator. She seems to be gaining a lot from poor people. Why should anyone believe that she's for real???? We don't even understand her driving passion.
Charles_W_Noble: She has a nice face....looks so humble...almost a Mother Theresa.
She totally fits the bill for http://beyourgovernment.org, as a candidate who won't be bought by corporations. She ... and maybe even you! It's totally possible with the Internet. Check it out.
Read411: She totally fits the bill for http://beyourgovernment.org, as a candidate
Didn't you know? Apparently we actually comprise the top 1%! Come now, like me, you too are surely living in a palatial mansion, drinking champagne and cajoling the servants for not serving it at precisely 47 degrees fahrenheit, even as you type your comments in on your personal Cray computer? Let us not deny these new-found riches, let us instead enjoy them!
pakaal: Didn't you know? Apparently we actually comprise the top 1%!
We are the ones with thousands of small donations but big oil can slip in millions through under the tables matching our small donations eith pocket change.
marklincoln8: We are the ones with thousands of small donations but
Brown... ? Romney...? Do ya think they wrote out personal checks.... these two crooks could buy and sell Warren and her measley 3.5... if she is really worth that... I wouldnt believe anything coming out of a Fox Comedy News Show....
jmac44: Brown... ? Romney...? Do ya think they wrote out personal
Interesting, where did this $3.5 Billiion figure come from. Source please! There are billionaires in this country but she is not one of them, at least not to our knowledge.
RLaitres: Interesting, where did this $3.5 Billiion figure come from. Source
These grass roots donors are just the begining. WHEN Ms. Warren runs for President in 2016 she will break all the records for small donors. I for one will be glad to give the maximum amout allowed by law.
American middle class workers Need an "elite hick" on thier side!
rgilley: These grass roots donors are just the begining. WHEN Ms.
I have NEVER given to a political cause or individual's campaign. I'll be changing my *tune* to be a part of those helping Ellizabeth Warren make it into the Senate.
GaelicWench: I have NEVER given to a political cause or individual's
The Occupy Wall Street people need to get organized in Massachusetts to get the voters out for Warren. Energize the high school and college kids to knock on doors in their finest preppy attires. Put on a "Occupy Wall Street for Elizabeth Warren" button.
Madhyamika: The Occupy Wall Street people need to get organized in
Wolf in sheep's clothing. She's worth $3.5 BILLION. She doesn't need the small donor's army. She doesn't need any donors. She wants it for show and so she doesn't need to spend out of pocket expenses. Share the wealth folks!
M_Grey: Wolf in sheep's clothing. She's worth $3.5 BILLION. She doesn't
You need to provide proof. She did not inherit any wealth from her middle-class parents. She never worked on any cases in her years as a lawyer that would have gotten her anything close to Billions. She's taught most of her life. She married another professor of law. They are both Authors. Do the math for $3.5 Billion or at least provide a link. Otherwise you sound like a plant for Wall Street and Scott Brown who is THE highest Wall Street lobbied Senator in the Senate. Proof. Proof. Proof.
ALoayza: You need to provide proof. She did not inherit any
You've said this twice now, that Elizabeth Warren is worth "3.5 billion". I've been following her career the last couple years and I've never heard anything like that. Please provide a link.
jenkait: You've said this twice now, that Elizabeth Warren is worth
Pay to play is Gov Perry's specialty. And of course the Koch brothers and Rove will be giving at least 100 million to him if he's nominated. Their right wing SCOTUS changed the rules just for them.
Fascism Always approaches from the right! Always!
rgilley: Pay to play is Gov Perry's specialty. And of course
"Harridan?" How hilariously perfect! A Klanservative wants to hurl a sexist insult and instinctively reaches back to the 18th century to do it. Gee, why stop there? Go Medieval. Call her a wench! A sorceress!
There is nothing funnier than unintentional self-parody, and the Tea Klux Klan will give us many hours of entertainment before they go the way of their political predecessors like the Dixiecrats, the Copperheads, the Know Nothings and all the other gaggles of fools who thought they could base entire movements on the flimsy foundations of bigotry.
Impolitics: "Harridan?" How hilariously perfect! A Klanservative wants to hurl a
First Posted: 10/18/11 06:12 PM ET Updated: 12/18/11 05:12 AM ET