Sen. Warren Raking in $1M Per Month in Re-Election Fundraising

Oct 16, 2017

Sen. Elizabeth Warren (D-MA) is amassing more $1 million per month in the fundraising for her 2018 re-election bid.

According to an Associated Press report, Warren’s campaign brought in about $3 million during the third quarter and approximately $3.4 million in the second quarter. Warren surprised many by announcing her re-election bid shortly after New Year’s Day, and her first quarter haul totaled $5.2 million. The campaign claims that more than three-quarters of its contributions were in sums of $25 or less.

Over on the Republican side, the effort to replace Warren includes announced candidacies from former Mitt Romney aide Beth Lindstrom, state Rep. Geoff Diehl, technology entrepreneur Shiva Ayyadurai and businessman John Kingston, who has put $3 million of his own funds into his campaign.

About the author

Phil Hall

Link copied

Published

Oct 16, 2017

Regulation and Compliance

Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB has also announced that it is working to addre...

Analysis and Data

Every Dollar A Fraudster Makes, A Financial Firm Loses $4.41

U.S. investment firms and credit lenders see a 9% annual increase in the financial impact of fraud.

Overall fraud increased at least 6% for 63% of financial firms within the past year, with digital channels accounting for half of the overall fraud losses, according to LexisNexis True Cost of Fraud Study: Financial Services and Lending Report — US and Canada Edition. U....