U.S. Presidential Candidate Buttigieg Releases List of Major Fundraisers

REUTERS/Scott Morgan/File Photo

U.S. Democratic presidential contender Pete Buttigieg released the names of his major fundraisers on Friday, bowing to growing pressure from rival Elizabeth Warren and U.S. journalists to be more transparent in his campaign.

The list of 113 people includes everyone who has raised at least $25,000 for his campaign as bundlers, a common fundraising practice in which typically wealthy supporters arrange for groups of individuals to all make large donations at once, often at a reception for the candidate.

Wall Street executives and prominent Democratic fundraisers are among those named, including the hedge fund manager Orin Kramer; Hamilton James, executive vice chairman of the private equity firm Blackstone; and Adam Bart, a partner at McKinsey & Company, the consulting firm where Buttigieg worked in his 20s.

Individuals can donate up to $2,800 to a campaign under current federal limits. Fundraisers who bundle many such contributions together can provide a major source of revenue for campaigns, often gaining access to the candidate in exchange.

Earlier this week in New York, Buttigieg began opening his fundraisers to press coverage for the first time.

As he has risen from his relatively obscure position as the mayor of the small city of South Bend, Indiana, Buttigieg has faced criticism from Warren, a U.S. senator from Massachusetts, to disclose more about his financial backers.

Warren and Bernie Sanders, a U.S. senator from Vermont also seeking the Democratic nomination, have shunned courting wealthy fundraisers, instead favoring grassroots campaign financing through small-dollar amounts sent in by hundreds of thousands of supporters.

Others, like former Vice President Joe Biden, still hold traditional big-money fundraisers, but allowed press access from the start, leaving Buttigieg facing prickly questions from reporters in recent weeks as to why he would not do the same.

His campaign touted Buttigieg’s transparency in a statement accompanying release of the list.

“He has made public 12 years of tax returns, he has held three multi-day bus tours with reporters that were completely on the record, and he has committed to restoring daily press briefings in the White House,” the statement said.

Buttigieg, 37, is the youngest of 15 candidates vying to be the Democrat who will take on President Donald Trump, a Republican, in the election next November. The state-by-state nominating contests begin in February with Iowa and then New Hampshire.

(Reporting by Jonathan Allen in New York; Editing by Bill Berkrot)

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James
Member

Who cares? That is a list of people who should have spent their money on the Lottery, donated it to the Trump campaign, or flushed it.

Phyllis Softa
Member

Enlightening to read IJR comments such as Michelle’s and observed that it garnered 5 up votes. Very telling of the knowledge level of many IJR readers. Pete Buttigieg is gay. He is not a transsexual. Tom Bodine, wants Gay Rights groups identified “that want another fairy in the WH.” One is not required to support Pete Buttigieg’s candidacy for POTUS to show him the respect he is due for his 2009-2017 military service including his time in Afghanistan war zone. In contrast you folks show unconditional admiration for a man that paid to claim had “bone spurs” in order to… Read more »

Michelle
Guest
Michelle

Is he running as a female or male?

Phyllis Softa
Member

If Bernie and Elizabeth wish to forego big-money fundraisers, that is THEIR CHOICE. The Democrat Party is PRO-Choice, NOT compelling others to comply with YOUR CHOICE.—-They sound as if they are Republicans.

Tom Bodine
Member

So Mayor Pete will release the names of the Gay Rights people and organizations that want another fairy in the WH ?

General Confusion
Member

“Fundraisers who bundle many such contributions together can provide a major source of revenue for campaigns, often gaining access to the candidate in exchange.” Article

This is the essence of our political corruption. Make big donations (bribes) to gain access to politicians, for example, the way Joke Biden takes bribes.

If you do this, too, or you support politicians who do this, you are complicit in this corruption. The way to NOT be complicit is to support politicians who do NOT take big donations from corporations, lobbyists and corporate PACs, etc.

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