The GOP presidential candidate announced 'Vivek's Kitchen Cabinet Team,' a supporter-led fundraising initiative to find donors.
has a plan to infuse some extra dollars into his campaign: paying anyone who helps spread the word and finds donors.
On Monday, Ramaswamy announced the launch of"Vivek's Kitchen Cabinet Team," a supporter-led fundraising initiative he said is intended to help counter an"oligopoly" of industry captains and well-connected millionaires who typically dictate who appears on television the most and holds the most events.
Often, the people who group those donors together—called"bundlers"—hold on to a sizable commission of the funds they raise, Ramaswamy said, with the bundlers' take rising as high as 10 percent of what they bring in. Republican presidential candidate Vivek Ramaswamy speaks during the Moms for Liberty Joyful Warriors national summit on July 1 in Philadelphia. On Monday, he announced the launch of"Vivek's Kitchen Cabinet Team," a supporter-led fundraising initiative.But it also makes the candidate beholden to a small group of interested parties, a trend that Ramaswamy—who seeded his campaign with $10 million from his personal fortune—said he hopes to depart from.
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