Mountain of Money Fuels Gavin Newsom’s Surge to Recall Finish Line
The New York Times
The California governor has taken full advantage of the state’s loose financing rules for recall elections, overpowering Republican challengers for whom the cavalry never arrived.
Gov. Gavin Newsom’s bid to fend off a recall in California has been bolstered by an infusion of tens of millions of dollars from big donors in recent months that delivered him an enormous financial advantage over his Republican rivals in the race’s final stretch. There had been moments over the summer when Mr. Newsom, a Democrat, had appeared vulnerable in public polls, as California’s unique recall rules seemed to provide an opening to conservatives in one of the most reliably Democratic states in the nation. But Mr. Newsom raised more than $70 million this year into an account to battle the recall, much of it in July and August, allowing him and his allies to dominate the television airwaves and out-advertise his opponents online. California has no limits on donations to recall committees, and Mr. Newsom has taken full advantage of those loose rules. His contributions have included an early $3 million from Reed Hastings, the chief executive of Netflix; $500,000 from the liberal philanthropist George Soros; and $500,000 from the Hollywood producer Jeffrey Katzenberg. Dr. Priscilla Chan, a philanthropist and the wife of the Facebook founder Mark Zuckerberg, contributed $750,000, and the real estate magnate George Marcus gave $1 million.More Related News