Out-Of-State Donors Account For 94 Percent Of Senator Jacky Rosen’s Q3 Fundraising Haul
Of the $12 million dollars Rosen has raise in the third quarter, only $445,477 came from Nevadans
By Megan Barth, October 17, 2024 4:17 pm
At the RNC convention, former President Trump encouraged Nevadans to “get out an vote for Sam Brown” and labeled Senator Jacky Rosen as a “total lightweight,” however her FEC reports demonstrate Rosen is a no lightweight when it comes to raising money from out-of-state donors. On average, over 90 percent of Rosen’s campaign donations, for the last three quarters, have come from out of state donors and approximately 60 percent of Rosen’s donors reside in blue states.
Her latest Quarter 3 FEC report shows that Rosen raised $12.12 million dollars in the third quarter. Of that total, nearly 94 percent of donations came from out-of-state donors compared to only ~6 percent received from Nevadans. .
Her latest fundraising haul substantiates that out-of-state donors to Rosen’s campaign are a pattern, not an anomaly, according to past reports.
In Q4 2023, The Globe reported that Nevadans accounted for less than 9 percent of Rosen’s contributions, while California, New York, and Massachusetts donors accounted for over 50 percent. In total, out-of-state donors accounted for over 90 percent of the approximate $3.2 million Rosen raised in the last quarter of 2023.
In Q1 2024, Rosen received max donations from extreme left-wing New York billionaire George Soros and his “more political” son, Alexander. George Soros and his son each contributed $6,600 to Rosen’s campaign from New York. In Q2 2024, Soros’ daughter, Andrea Soros matched their donation, as did billionaires Tom Secunda, James Murdoch, and Amos Hostetter.
In Q3 2024, Hollywood stars, executives, and politicians are also backing Rosen’s reelection campaign. Actor and member of “White Dudes for Harris” Joseph Gordon-Levitt donated $6,600; John Landgraf, chairman of FX Networks donated $3,300; and another white dude for Harris, Adam Schiff, funneled Rosen $5,000 from his Frontline USA PAC.
Wall Street investors are also notable in Rosen’s recent FEC report. David Kestnbaum, Senior Managing Director in the Private Equity Group at Blackstone, appears with a $3,300 donation.
According to a reports, “Blackstone has strategically capitalized on the affordable housing crisis to bolster its profits and has been aggressively acquiring residential properties, especially in regions facing acute housing shortages.” (like Nevada). As reported by the Review-Journal, “The company’s emphasis on maximizing returns has led to substantial rent hikes, exploiting the scarcity of affordable housing options. Blackstone has loaded up on Las Vegas real estate since the market crashed, buying hundreds of homes to turn into rentals, the 68-acre Hughes Center office park and the 3,000-room Cosmopolitan hotel-casino.
The Blackstone Group founded Invitation Homes in 2012, buying up over 100,000 homes and rental properties across the country, with an estimated 3,500 properties in Clark County. Last month, the FTC fined Invitation homes $48 million over deceptive practices on rent costs, charging undisclosed junk fees and unfairly holding security deposits.
When asked about Rosen’s out-of-state donors, GOP challenger Sam Brown told The Globe, “Jacky Rosen has a major fundraising advantage that is dependent on coastal elites, yet, this race is so close–which shows how dependent she is on the money from people who aren’t Nevadans. It also shows how desperate Chuck Schumer is in that he will help raise her money from other states. But contrasted to that, our largest share of donations from a single state is Nevada. Now, we have tens of thousands of Americans across the country who are contributing to us as well. But our largest share comes from Nevadans. I’m proud of that because I’m running for Nevadans. Jacky runs from Nevadans.”
According to latest polling, Brown trails Rosen by an average of 5.5 points, but has recently gained traction. As Rosen’s campaign continues to focus on expanding abortion rights (abortion up to 6 months pregnancy is codified into Nevada law), Brown has centered his campaign on crippling inflation and the porous southern border.
In the wake of the University of Nevada Reno women’s volleyball controversy, Rosen has remained mum, while Brown has amplified his support of female athletes and banning transgender athletes from competing in women’s sports, echoing the promise of the Trump campaign. Yet, Rosen has sponsored the Equality Amendment which would guarantee civil protections for transgender individuals, prohibiting discrimination on the basis of sexual orientation and gender identity in education, employment, housing, credit, jury service, public accommodations, and the use of federal funds.
Both Rosen and Brown will square off in a debate tonight. Their hour-long debate will be hosted by KLAS-TV in Las Vegas will be aired live in both English and Spanish.
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