A Gathering Political Storm Hits Georgia, With Trump on the Way

But well-heeled Republicans have erased much of the Democrats’ financial advantage with giant donations to a super PAC that raised $70 million in less than three weeks from a who’s who of Republican megadonors, including Stephen Schwarzman of Blackstone ($15 million) and Ken Griffin of Citadel ($12 million). The media mogul Rupert Murdoch gave $1 million, as did his son, Lachlan, the chief executive of the Fox Corporation.

Ms. Loeffler, one of the wealthiest members of the Senate, put $23 million of her own money into her campaign to get to the runoff and her husband, Jeffrey Sprecher, the chairman of the New York Stock Exchange, has donated an additional $10 million to a pro-Loeffler super PAC.

Big contributions from Democratic donors are lagging the Republicans. The leading Senate Democratic super PAC raised a little more than $10 million in the 20 days after the general election, records show. The biggest donation — $2.5 million — came from the organization that Stacey Abrams created, Fair Fight, after her narrow loss in 2018 for the governor’s race.

As Ms. Abrams’s star power has increased, Fair Fight itself has emerged as a major magnet for Democratic giving, pulling in nearly $35 million in 40 days that ended Nov. 23. Ms. Abrams, widely credited with leading the Democratic renaissance in Georgia, also appeared in the virtual rally on Friday for the two Democratic candidates.

“We won this election decisively, and, despite the number of recounts, it keeps giving us the same answer: that Georgia Democrats showed up, that Georgians showed up and that we decided that we wanted to move this nation in the right direction,” Ms. Abrams said.

Mr. Ossoff voiced a major theme that both Democratic candidates were seeking to exploit: allegations that Ms. Loeffler and Mr. Perdue benefited from questionable stock trades as they learned about the seriousness of the coronavirus pandemic. “We’re running against, like, the Bonnie and Clyde of political corruption in America, who represent politicians who put themselves over the people,” he said. Mr. Perdue and Ms. Loeffler have denied any inappropriate financial dealings.

On Friday, Mr. Pence rallied on behalf of Ms. Loeffler and Mr. Perdue in Savannah, where he warned that Democrats would advance a liberal, big-government agenda if they were allowed to seize control of the Senate.

source.

more recommended stories



LuvNaughty | We're here to get you off The Lazy Days | Procrastinate right Latest Media News | Stay updated with us