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But wealthy Republicans have erased much of the Democrats’ financial advantage with giant donations to a super PAC that raised $ 70 million in less than three weeks from a who’s who of Republican mega-donors, including Blackstone’s Stephen Schwarzman ($ 15 million) and Ken Griffin. of Citadel ($ 12 million). Media mogul Rupert Murdoch gave $ 1 million, as did his son, Lachlan, the CEO of Fox Corporation.
Ms. Loeffler, one of the wealthiest members of the Senate, invested $ 23 million of her own money in her campaign to reach the second round and her husband, Jeffrey Sprecher, president of the New York Stock Exchange, donated $ 10 million additional. to a pro-Loeffler super PAC.
Big contributions from Democratic donors are lagging behind Republicans. The Senate Democratic super PAC leader raised just over $ 10 million in the 20 days after the general election, records show. The largest donation, $ 2.5 million, came from the organization Stacey Abrams created, Fair Fight, after her narrow 2018 loss to the gubernatorial race.
As Abrams’ star power has risen, Fair Fight has become a major magnet for Democratic giving, raising nearly $ 35 million in 40 days ending Nov. 23. Abrams, widely recognized for leading the Democratic renaissance in Georgia, also appeared at Friday’s virtual rally for the two Democratic candidates.
“We won this election decisively, and despite the number of recounts, it still gives us the same answer: that the Georgia Democrats came forward, the Georgians came forward, and we decided we wanted to steer this nation in the right direction.” Said Mrs. Abrams.
Ossoff raised an important theme that both Democratic candidates were seeking to exploit: allegations that Loeffler and Perdue profited from questionable stock exchanges when they learned of the severity of the coronavirus pandemic. “We face, like, the Bonnie and Clydes of political corruption in America, who represent politicians who put themselves above the people,” he said. Mr. Perdue and Ms. Loeffler have denied any inappropriate financial treatment.
On Friday, Pence spoke on behalf of Loeffler and Perdue in Savannah, where he warned that Democrats would push a liberal big-government agenda if they were allowed to take control of the Senate.
