Senator Jacky Rosen’s latest Federal Election Commission (FEC) April Quarterly Report for Q1 2024 sheds light on the funding dynamics of her reelection campaign as out-of-state donors continue to play a significant role in bolstering her campaign coffers.
In the first quarter of 2024, Rosen’s fundraising efforts were primarily buoyed by contributions from California and New York, with Nevada lagging as the third top fundraising state. Strikingly, less than 10 percent of itemized individual contributions came from Nevada, while California and New York accounted for over 35 percent combined.
By contrast, Sam Brown emerged as a stark contrast, with Nevada ranking as his top fundraising state. Over 23 percent of Brown’s itemized individual contributions originated from within Nevada in Q1 2024.
The trend is not new. Previous reports have consistently highlighted a pattern wherein most of Rosen’s donations stem from out-of-state sources. In 2018, over 90 percent of her campaign contributions hailed from beyond Nevada’s borders, with metro areas such as New York, Los Angeles, and Washington, D.C., leading the charge.
The involvement of high-profile donors adds another dimension to Rosen’s fundraising narrative. In Q1 2024, she received maximum donations from notable figures like billionaire George Soros and his son Alexander Soros, who has taken the reins of the family’s philanthropic endeavors. Additionally, Rosen accepted a significant contribution from Seth Merrin, a billionaire accused of repeated sexual harassment—a factor that could potentially draw scrutiny.
Despite her fundraising, Rosen faces a challenging reelection battle. Recent polls suggest a tight race between Rosen and GOP frontrunner Sam Brown, with Rosen holding a slight lead within the margin of error.
Concerns over inflation and dissatisfaction with President Biden’s policies further compound the electoral landscape, potentially eroding support for Rosen among Nevada voters. As inflation continues to soar in the Silver State, reaching 21.6 percent since President Biden’s inauguration, constituents grapple with mounting household expenses.
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