U.S. Democrat presidential hopeful Elizabeth Warren rejects money from big tech and bank executives in White House bid via AmandaBecker
WASHINGTON - U.S. Democratic presidential hopeful Elizabeth Warren said on Tuesday that she will not accept campaign contributions of more than $200 from executives at large tech companies, big banks, private equity firms or hedge funds, escalating her quest to eliminate the influence of moneyed interests on her campaign.
The White House hopeful had likewise pledged to not take money from federal lobbyists, rejected large contributions from executives at fossil fuel and big pharmaceutical companies and said she would not accept support from a type of well-funded political action committee known as a Super PAC. Warren has steadily risen in national and early-state opinion polls and, in another sign her campaign is gaining steam, she raised about $25 million in this year’s third quarter. That figure - up from $19.1 million raised between April and June - put her near the top of the Democratic field in fundraising but far behind Trump, whose campaign raised $125 million, along with the Republican National Committee, in the same period.
If elected, Warren said she would make it illegal for corporate PACs to contribute, ban lobbyists from donating or fundraising, and strengthen limits on contributions that can be given to a single candidate.
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