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Frustrated Democratic Donors Question How Much Cash They'll Give in Future

Image: Frustrated Democratic Donors Question How Much Cash They'll Give in Future

(AP)

By    |   Thursday, 01 Dec 2016 08:13 AM

Democratic Party donors are angry and frustrated over the election results and questioning how much cash they will kick in to future campaigns, The Hill reports.

"I may very well be done with political giving entirely," the website quotes John Morgan, an Orlando attorney and a top fundraiser for Hillary Clinton in Florida. "My message to anyone reading this is, 'Don't call me, I'll call you.' From here on out, I'm giving to charities. I'd much rather give money to build a new Boys & Girls Club than to give to the [Democratic Senatorial Campaign Committee]."

And, aside from the election, many donors feel burned by the release of their names when WikiLeaks published hacked Democratic emails. The Russians have been accused of being behind the hacking, which has left some top donors rattled, according to The Hill.

"They're tired," one DNC official told The Hill. "They're upset about the election, and there was significant trauma surrounding the Russians. They're upset and they're tired."

Democratic political investors, banking on a presidential victory and congressional gains, had kicked in $550 million to the Clinton campaign. Now they are left to decide whether to start all over again.

Marc Nathanson, one of Clinton's top donors and fundraisers in 2016, told The Hill he will continue to back Democratic candidates in gubernatorial and mayoral races in his home state of California. Frustrated by the presidential results, he won't go beyond that.

"The feeling I get from big donors out here in California is that they're not only extremely disappointed, but they're shell-shocked," he said. "So to turn around and say, now it's time to rebuild the national party and the DNC, I just don't see it."

But other Democrats say Donald Trump's presidency will eventually bring donors back to the party, The Hill reports.

Following the election, George Soros and other rich liberals met for three days to decide how to retool their big money efforts in light of the election results, Politico reported.

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Democratic Party donors are angry and frustrated over the election results and questioning how much cash they will kick in to future campaigns, The Hill reports.
frustrated, democratic, donors, question, cash
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2016-13-01
Thursday, 01 Dec 2016 08:13 AM
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