Elizabeth Warren Sets Aggressive End-of-Month Fundraising Goal

(Bloomberg) -- Elizabeth Warren’s campaign set the most aggressive fundraising goal for the last 5 days of the month, as candidates work furiously to raise enough money to keep their campaigns in high gear.

In an email to supporters Monday, Warren set a financial goal of raising $3.5 million between now and Friday, which would average out to $700,000 per day, her biggest fund-raising goal to date. “That’s what it’s going to take to start 2020 in the strongest position possible and keep our plans to win on track,” the campaign said.

By comparison, Pete Buttigieg has set a fundraising goal of $1 million, or $200,000 per day. Joe Biden asked supporters to pitch in to an “emergency fundraising drive this week,” saying the campaign is only at 34% of their goal. Amy Klobuchar set a goal of $621,000 per day to stay on track, the campaign said. Bernie Sanders, who has topped the Democratic field in fundraising in the last two quarters, was “shooting for a HISTORIC number of donations” to maintain his momentum, according to campaign Facebook ads.

All the candidates were working to fill up their campaign bank accounts and demonstrate political strength in the days before the Iowa caucuses. The negative effects of a poor showing in early nominating states could snowball and make fundraising even more difficult. Sanders, Biden and Buttigieg all raised more money than Warren in the final quarter of 2019.

(Disclaimer: Michael Bloomberg is seeking the Democratic presidential nomination. He is the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News.)

This post is part of Campaign Update, our live coverage from the 2020 campaign trail.

To contact the editor responsible for this story: Wendy Benjaminson at wbenjaminson@bloomberg.net, Magan Sherzai

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