VP Pick Ryan Top House Fundraiser

Wednesday, 15 Aug 2012 10:18 AM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
GOP vice presidential nominee Paul Ryan is one of the top fundraisers in Congress. Working through his campaign and political committee the Wisconsin representative has brought in some $8 million for this year’s election, The Washington Post reported.

He currently has $5 million in the bank, more than any other House member. Ryan’s biggest contributors work for major insurance and financial companies including hedge fund founder Paul Singer. Ryan has also pulled in money from small donors and corporate PACs, the Post reported.

Ryan’s largest source of campaign funding comes from Northwest Mutual, a life insurance company based in Wisconsin. The company’s employees and PAC have contributed $121,000 during his time in office, according to the Post. Coming in second is Koch Industries.

Ryan and his wife Janna have long ties to Washington. Before running for Congress in 1998, Ryan worked as a congressional aide and for an advocacy group. Janna Ryan was a lobbyist for three years. Observers say Ryan’s fundraising prowess is more connected to his role as an ideological leader in the House rather than his position, the Post reported.

“I don’t think he’s attracting money because he’s chairman of the Budget Committee,” Jan Baran, a Republican campaign lawyer, told the Post. “That has never been known as a money magnet. Congress hasn’t even passed a budget in years.”

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

With Eye on 2016, Perry Takes Hard Foreign Policy Line

Thursday, 21 Aug 2014 19:02 PM

A week after his indictment for misusing his authority and days after his police mugshot was beamed around the world, Te . . .

Florida Gov. Rick Scott Vows Record Education Spending in Re-election Bid

Thursday, 21 Aug 2014 18:43 PM

Governor Rick Scott, under intense criticism by his main opponent for cuts in school spending, on Thursday promised reco . . .

Perry Casts Himself as Fighter in Unofficial 2016 Campaign Start

Thursday, 21 Aug 2014 15:47 PM

Two days after his mug shot went viral on the Internet, Rick Perry set out to show that he won't be intimidated or slowe . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved