Pelosi and McCarthy campaign big donors give early, with house up for grabs

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Nancy Pelosi and Kevin McCarthy


With mid-terms more than a year away, wealthy donors have already started giving massive checks to committees linked to Democratic House Speaker Nancy Pelosi and House Republican Minority Leader Kevin McCarthy, according to de new files.

Second Quarter Federal Election Commission files on fundraising operations linked to Pelosi, McCarthy and House leadership paint a picture of party officials and big donors recognizing the need for massive fundraising for these campaign committees with the House chamber up for grabs in 2022. Democrats, who hold the majority, lost seats in the 2020 election, and Republicans are looking to capitalize.

the Associated press reported that the House Republicans’ campaign arm, the Republican National Committee of Congress [NRCC], outraged his rival for House Democrats, the Democratic Congressional Campaign Committee [DCCC], in the second trimester.

Campaign representatives for McCarthy and Pelosi did not respond to requests for comment.

Take Back the House 2022, a joint fundraising committee for the NRCC, McCarthy and other House Republicans, saw a windfall of more than $ 8 million from April through June. This was due to contributions from influential donors, including those on Wall Street, such as Nelson Peltz, CEO of investment firm Trian Partners, who donated $ 50,000 to the committee in June.

Ken Griffin, CEO of Citadel, donated over $ 500,000 to the committee that same month. Steven Roth, CEO of Vornado Realty and ally of former President Donald Trump, gave $ 250,000 in May. Robert Day, CEO of real estate investment firm Oakmont Corp., gave the group $ 100,000 that same month. Howard Lutnick, CEO of financial services firm Cantor Fitzgerald, gave the committee more than $ 700,000 in June, according to records.

McCarthy’s PAC leadership, which also raises money for the NRCC and Take Back the House, has also seen significant contributions from major donors in the last quarter as the GOP seeks to reclaim a majority. The committee, the McCarthy Victory Fund, has raised just over $ 2.3 million in the past three months.

Peter Thiel, a billionaire investor who once had alliances with Trump and recently increased his contributions to GOP candidates, donated just over $ 47,000 to the McCarthy Victory Fund in April. Doug Leone, an executive at venture capital firm Sequoia Capital, gave the committee $ 125,000 in May. Leone gave up his support for Trump after the deadly January 6 riot on Capitol Hill. David Urban, a longtime Trump confidant who is now an executive at China-based tech company ByteDance, gave the committee $ 5,000 in June.

Pelosi also saw a wave of large sums of money coming into his mutual fundraising account. The Nancy Pelosi Victory Fund, which raises funds for the DCCC, raised more than $ 4 million in the second quarter.

Legendary film producer Steven Spielberg donated $ 150,000 to the fundraising committee in April. Another film director, Jeffrey Katzenberg, donated $ 100,000 in the same month. Eric Schmidt, the former CEO of Google, donated more than $ 44,000 to the committee in June. Real estate titan George Marcus contributed over $ 260,000 that same month.

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