(CNN) - After Hillary Clinton lost the 2008 primary to President Barack Obama, Alan Patricof, a wealthy financier who had helped raise sizable donations to the Clinton campaign, took a step back from politics.
That all changes Tuesday night, when the owner of Apax Partners hosts President Barack Obama for a high-dollar fundraiser aimed at filling the campaign coffers of the Democratic National Committee and helping the Democratic body retire some of its campaign debt.
Washington (CNN) - New Jersey Gov. Chris Christie raised $1.5 million during a fundraising swing through Texas last week, the Republican Governors Association announced early Tuesday morning, hours before the embattled governor was scheduled to headline more events in Illinois.
Moreover, the RGA raised $6 million in January, said spokeswoman Gail Gitcho, who added that this was done with "the help of Chairman Christie and all of our Republican governors.
Washington (CNN) – Senate Minority Leader Mitch McConnell’s re-election team announced Friday that it added $2.2 million to its war chest, a sum that far outpaces the Kentucky Republican’s bipartisan challengers.
McConnell, who’s been fundraising for years with eyes on a sixth term in the Senate, has raised a total of $20 million for the race and ended 2013 with $10.9 million left in the bank.
Washington (CNN) – During Hillary Clinton’s 2008 presidential campaign, a loyal group of fundraisers – called the "Hillraisers" – donated and bundled millions of dollars for the then-senator's White House bid.
With the prospect of another run in 2016, the fundraisers watch Clinton’s moves with great interest, prepared to help any prospective run by opening their wallets and tapping their contacts as they did eight years earlier.
Editor's note: CNN's "AC 360" begins a yearlong series of reports this week about an enormous surge in political donations to candidates of both parties. Longtime corporate executives tell CNN that the incessant push for money amounts to "legalized extortion" but the cash buildup shows no signs of stopping.
(CNN) – The former president of Shell Oil USA didn't candy-coat it: America's political fund-raising system, he said, amounts to legalized extortion.
"I feel extorted," John Hofmeister told CNN's Drew Griffin. "Every time I wrote a check I felt that it was a form of extortion, the price of entry, because of the reception that you got when you contributed versus the reception when you did not contribute."FULL STORY
(CNN) – President Barack Obama's approval rating may be struggling, but he's still bringing in money on the fundraising trail.
For the past month, the President has been crisscrossing the country raising cash for Democratic campaign groups. At 13 separate events in eight cities, he may have helped raise up to $21.6 million.
(CNN) - The host of a fundraiser and major donor to the Democratic Party complimented President Barack Obama for his hospitality back in Washington but joked about the lack of valet parking at the White House, offering to pay for the addition.
Billionaire Haim Saban, and his wife Cheryl, hosted the President and a group of Hollywood and political elites at their estate in Beverly Hills Monday night for a fundraiser for Democratic House and Senate campaign committees.
Updated 10:34 a.m. ET, 11/25/2013
Seattle (CNN) – Congressional Democrats, many downright scared of the political fallout from the botched rollout of Obamacare, are getting a boost this week as the President completes a month-long fundraising sprint a year ahead of 2014's midterm elections.
Obama–who has jetted to New York, Boston, Miami, Dallas and Philadelphia in the past several weeks to help add millions of dollars to Democrats' campaign coffers–is spending three days on the West Coast convincing donors his falling popularity and the faulty implementation of his signature legislation don't mean all is lost for the Democratic Party next year.
Washington (CNN) - Enroll America, the major outside group pushing uninsured Americans towards Obamacare, announced Tuesday it has raised more than $27 million since March to help fund its outreach efforts.
The group also touted outreach numbers showing its field staff in ten states has reached out to more than 300,000 consumers since its "Get Covered" campaign began.
Updated at 11:56 a.m. ET at 7/16
(CNN) – While Sen. Marco Rubio's push for comprehensive immigration reform drew some derision from conservatives – particularly his support for a bill that contained a pathway to citizenship for undocumented immigrants – the Florida Republican's fundraising spiked as the measure was debated in Washington.
In the second quarter of 2013, Rubio brought in $3 million - up 31% from his haul in the first three months of the year, according to a source familiar with his financial reports.