Now that we have a few candidates already in the race, people are starting to notice Jeb Bush is not the fundraising machine he was anticipated to be. Both Ted Cruz (TX-R) and Marco Rubio (FL-R) have earned a lot of money so far. They are also getting the support of some top donors.
New York hedge fund magnate, Robert Mercer has pledged more than $15 million to Ted Cruz and Marco Rubio has the full support of Miami billionaire Norman Braman and he is now the front runner to win over casino mogul Sheldon Adelson per POLITICO.Many donors are weary of Bush because he has yet to announce he is running and does not seem very eager to so. It is because as long as he doesn’t announce he doesn’t have to conform to certain fundraising laws. As I previously reported, Bush is pushing the limits in an unorthodox way.
One Florida based donor said the following about his fundraising:
Some donors are also put off by how pushy Bush’s financiers are. They are telling people to decide whether they side with them or not and being more demanding because the field is very competitive.take our poll - story continues belowDo you think the 2nd Amendment will be destroyed by the Biden Administration?(2)
Completing this poll grants you access to Shark Tank updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.There’s a worry that this is setting them up for a number of legal challenges. There’s some freedom allowed by this but there’s also a lot of arrogance because, even if they think they’re on firm legal ground, we all know the intent of the law is not to have presidential campaigns being run out of a super PAC. It’s untested, it’s risky — there’s a chance that it blows up, that some unforeseen legal challenge actually sticks.
And the optics are horrible. If he wins the nomination this way, Democrats will seize on the tactics as evidence that Jeb Bush thinks he can play by his own rules. It’s the same playbook we’re trying to run against Hillary, which would be out the window.
A lot of early polls have either Scott Walker or Marco Rubio polling above Bush. The gap keeps increasing more and more as Bush clarifies his more the the left positions.