Democratic Sen. Amy Klobuchar will reject corporate PAC money in 2020 bid

FAN Editor

Sen. Amy Klobuchar has joined the ranks of other Democratic 2020 presidential hopefuls who are rejecting campaign contributions from corporate political action committees, CNBC has learned.

In a brief statement first given to CNBC, campaign spokeswoman Carlie Waibel said the Minnesota lawmaker is walking away from corporate PAC money.

“The senator is not accepting contributions from corporate PACs during her campaign for president,” Waibel said.

Klobuchar announced on Sunday in Minneapolis she is running for president. She later tweeted that she’s not influenced by super PACs or lobbyists.

The move by Klobuchar to distance herself from PACs governed by corporations across the country comes as a wave of other Democrats running for president, including Sen. Kirsten Gillibrand and Sen. Elizabeth Warren, say that they too will not accept campaign donations from big businesses in an effort to appeal grassroots voters.

Klobuchar has been no stranger to contributions from corporate PACs during her runs for Minnesota’s Senate seat. In her 2018 re-election campaign, she raked in just under a quarter of her total haul from PACs, according to the nonpartisan Center for Responsive Politics. Of the $8 million Klobuchar raised in the last election cycle, $1.9 million came from PACs that represent industries ranging from agriculture to lobbying.

The decision to reject corporate donations is the latest move by Klobuchar to paint herself as someone who will stand up to titans of industry.

At her snowy 2020 announcement, she made clear that one of her priorities is to regulate tech companies, such as Facebook, Google and Twitter.

“We need to put some digital rules into law when it comes to people’s privacy. For too long the big tech companies have been telling you ‘Don’t worry! We’ve got your back!’ while your identities are being stolen and your data is mined,” Klobuchar said.

Free America Network Articles

Leave a Reply

Next Post

WisdomTree reportedly explored a sale to JP Morgan last year

WisdomTree Investments is said to have explored a sale to J.P. Morgan Chase last year, Bloomberg News reported. The news report, citing people familiar with the matter, said no deal came through because the two couldn’t agree on a price, and WisdomTree is no longer seeking a buyer. WisdomTree, the […]

You May Like