Senator Warren swears off expensive campaign fundraisers [View all]

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U.S. Senator Elizabeth Warren will hold no political fundraising events with pricey admission fees to collect cash to fuel her bid for the Democratic nomination for president, she announced Monday morning, becoming the first candidate to formally swear-off the traditional means of campaign funding....

Instead of fundraisers with large entry fees, Warren will have to depend mainly on contributions collected online or from supporters willing to chip in smaller donations, known as “grassroots” supporters....

Since party nominees have typically hosted expensive fundraisers to help others in their party, if Warren wins the nomination her rejection of fundraisers could curb the spending power of other Democratic candidates for congressional offices.

“There are some Democrats who are so deeply afraid of losing to Donald Trump that they don’t want to risk saying or doing anything different at all,” she wrote to supporters.

https://www.reuters.com/article/us-usa-election-warren/senator-warren-swears-off-expensive-campaign-fundraisers-idUSKCN1QE1DF