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Gubernatorial Candidate Kashkari Raises Nearly $1M

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(credit: Jonathan Ernst/Getty Images)

(credit: Jonathan Ernst/Getty Images)

Election Returns

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 This material may not be published, broadcast, rewritten or redistributed.)

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