Gubernatorial Candidate Kashkari Raises Nearly $1M

SACRAMENTO (AP) — Former U.S. Treasury official Neel Kashkari is reporting that he has raised nearly $1 million during the first two weeks of his campaign for California governor.

The $976,000 reported Wednesday includes contributions from former Treasury Secretary Henry Paulson and his wife, Kashkari’s parents and several bankers at Goldman Sachs, Kashkari’s former employer.

The report demonstrates Kashkari’s ability to attract the kind of money that has been elusive for other Republican candidates, including state Assemblyman Tim Donnelly of Twin Peaks and former Lt. Gov. Abel Maldonado, who dropped out last month amid lackluster fundraising.

Donnelly reported raising $374,000 last year but had just $54,000 remaining. He has since collected another $55,000.

Meanwhile, Gov. Jerry Brown, a Democrat and heavy favorite to win re-election, has nearly $17 million in the bank.

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments

One Comment

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Los Angeles

KNX 1070 Newsradio
Play.It

Listen Live