Rosen’s Fundraising Reliant on Out-of-State Donors

Senator Jacky Rosen’s latest Federal Election Commission (FEC) filings reveal a reliance on out-of-state contributions, with over 90 percent of her campaign donations coming from non-Nevadans across the last three quarters.

Her Quarter 3 report, which shows $12.12 million raised, highlights that nearly 94 percent of those contributions came from outside Nevada. In stark contrast, only 6 percent of donations originated within the state.

The pattern is consistent with previous quarters. In Q4 2023, Rosen’s campaign saw less than 9 percent of donations come from Nevada, while donors from California, New York, and Massachusetts collectively contributed over half of her campaign funds. Out-of-state contributions accounted for over 90 percent of the $3.2 million raised that quarter.

Prominent out-of-state donors include billionaire George Soros and his family, who collectively contributed the maximum allowed amounts in Q1 and Q2 2024. Hollywood has also joined the ranks, with actor Joseph Gordon-Levitt and FX Networks chairman John Landgraf among those backing Rosen’s re-election bid.

Wall Street’s influence is also apparent, with Blackstone’s David Kestnbaum a part of Rosen’s latest FEC report. Blackstone, the private equity firm, has faced criticism in Nevada for its role in the affordable housing crisis, aggressively acquiring residential properties in Las Vegas and driving up rent prices. The company’s subsidiary, Invitation Homes, was recently fined $48 million by the FTC for deceptive practices, including charging undisclosed fees and unfairly withholding security deposits.