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RandySF

(86,253 posts)
Mon Aug 14, 2023, 01:29 PM Aug 2023

NJ-GOV: Super PAC linked to Jersey City Mayor Steve Fulop continues to swell reserves

A super PAC helmed by allies of Steve Fulop, the Democratic mayor of Jersey City and 2025 gubernatorial hopeful, raised more than $400,000 in the first six months of 2023, adding to a war chest already millions-deep years out from the governor’s race.

The Coalition for Progress raised $414,921 in the first half of the year, bringing its reserves to just over $6.5 million, according to mid-year filings with the Federal Election Commission. The group — which has collected big donations from labor unions and various business executives, among others — has yet to begin spending to boost Fulop’s bid.

“Coalition for Progress is fully committed to supporting Democratic candidates who will invest in middle-class families, work to grow our economy and stand up for our shared values,” said Drew Nussbaum, the PAC’s treasurer. “We look forward to continuing our advocacy in upcoming elections and helping ensure that New Jersey has the strongest possible leaders representing our communities.”

Nussbaum has close ties to Fulop, whose wife, Jaclyn, is Nussbaum’s business partner.

As a super PAC, Coalition for Progress faces few limits on fundraising. Donations to super PACs are uncapped, and while the groups are barred by federal law from giving to or coordinating with candidates, super PACs can put any amount into independent expenditures supporting their campaigns.




https://newjerseymonitor.com/2023/08/14/super-pac-linked-to-jersey-city-mayor-steve-fulop-continues-to-swell-reserves/

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