US presidential candidate Buttigieg releases list of major fundraisers

US presidential candidate Buttigieg releases list of major fundraisers
US presidential candidate Buttigieg releases list of major fundraisers

Hello and welcome to the details of US presidential candidate Buttigieg releases list of major fundraisers and now with the details

Nevin Al Sukari - Sana'a - US Democratic presidential candidate Pete Buttigieg holds a town hall event in Creston, Iowa, November 25, 2019. — Reuters pic

NEW YORK, Dec 15 — US Democratic presidential contender Pete Buttigieg released the names of his major fundraisers on Friday, bowing to growing pressure from rival Elizabeth Warren and US journalists to be more transparent in his campaign.

The list of 113 people includes everyone who has raised at least US$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 US$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 US senator from Massachusetts, to disclose more about his financial backers.

Warren and Bernie Sanders, a US 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 , a Republican, in the election next November. The state-by-state nominating contests begin in February with Iowa and then New Hampshire. — Reuters

These were the details of the news US presidential candidate Buttigieg releases list of major fundraisers for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT Poland new Supreme Court chief accused of political bias