Months since the rule change we have seen a fundamental shift in the ways candidates and parties raise money as joint fundraising committees grow and candidates and parties take advantage of the new money limits.Continue reading
In the five or so years since hedge fund manager Donald Sussman and Rep. Chellie Pingree, D-Maine, have known each other, the investment tycoon has made his mark in her state, becoming its top political donor in 2012 and a major backer to Democratic super PACs. He's also found ways to bankroll her campaign, while buying a controlling interest in the local papers that cover her district.
Sussman, the billionaire manager of boutique hedge funds which manage about $8 billion in assets, married Pingree in 2011. She's the former president of campaign finance watchdog Common Cause. In his ...Continue reading