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Pete Buttigieg Raises $24.8 Million In The Second Quarter As His White House Bid Gains Momentum

(CNBC)


Brian Schwartz July 1, 2019


Democratic rising star and 2020 presidential hopeful Pete Buttigieg announced his fundraising total for the second quarter of his 2020 run for president early Monday morning.


The $24.8 million haul represents a massive total following his surge in the polls and a strong performance at the first Democratic debate in Miami last week. A poll conducted by Morning Consult after the debate showed Buttigieg with a 10 point increase in favorability.


Buttigieg is going into the third quarter with $22.6 million on hand.


Since he officially commenced his underdog campaign for president in April, the South Bend, Indiana, mayor has made inroads with big-money donors. He’s among three 2020 Democratic contenders, including former Vice President Joe Biden and Sen. Kamala Harris of California, who have received the support of top financiers across the country, as CNBC reported in June.


Buttigieg has enlisted the help of at least two dozen Democratic bundlers who had strong allegiances to former President Barack Obama and Hillary Clinton during her White House run. One of those fundraisers is Hollywood producer Nicole Avant, who decided to go all in and help Buttigieg raise campaign cash, his spokesman recently told CNBC. Buttigieg finished the first quarter bringing in $7 million.


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