Warren Will Not Court Wealthy Donors, " Too often closes out women and communities of color”.
Senator Elizabeth Warren speaking at an event in Plymouth, N.H., on Saturday said she planned to stop organizing receptions and fund-raising dinners with the wealthy. “The wealthy and well-connected have been taught by politicians to expect that more money buys more access — they’ve done it for generations,” Ms. Warren said in her email, “and it too often closes out women and communities of color. We have to do things differently.”
Senator Elizabeth Warren on Monday doubled down on her presidential campaign’s battle against big money in politics, announcing that her campaign for the Democratic nomination will forgo traditional fund-raising methods. The Massachusetts senator said she would no longer hold private fund-raisers and one-on-one meetings with big donors.
“That means no fancy receptions or big money fund-raisers only with people who can write the big checks,” “It means that wealthy donors won’t be able to purchase better seats or one-on-one time with me at our events. And it means I won’t be doing ‘call time,’ which is when candidates take hours to call wealthy donors to ask for their support.” Ms. Warren said in an email to supporters.
Ms. Warren, rose to prominence as the head of the post-2008 Consumer Financial Protection Bureau. The Senator has long been a harsh critic of big corporations and unrestrained capitalism, and along with Senator Sanders, is one of two candidates capable of moving the Democratic primaries in that direction.
Will this be enough to separate Warren in the crowded presidential race? Senator Kamala Harris of California and Senator Kirsten Gillibrand of New York, have both benefited from high-priced fund-raising events.
In the first week of Bernie Sanders campaign his campaign has raised $10 million, Warren is nowhere near that. Sanders is showing the same grass-roots support he experienced in the 2016 campaign. Based on New York Times reporting, Bernie Sanders’ fundraising total comes from roughly 360,000 different donors with an average contribution of less than $30 from each person.
Ms. Warren has sent multiple emails to her supporters describing a campaign trying to make up for lost ground, one of which had the subject line “We’re falling short,” Ms. Warren seemed to acknowledge that her campaign would never match the money raised by those of her rivals.
—The American Buddhist