Investment Industry Pours Cash Into Kyrsten Sinema’s Leadership PAC

  • 📰 truthout
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

After preserving a tax benefit for investment managers last year, Sen. Kyrsten Sinema continues to rely on investment industry donors as she faces a Democratic challenger in a possible 2024 re-election campaign. via Sludge

$346,000

Sinema’s PAC spent almost $900,000 so far in 2023, the vast majority of which went to two payees. The first was D.C. firm Fulkerson Kennedy & Company, which was paid almost $330,000 by GSD for fundraising consulting and “fundraising event expenses reimbursement.” The firm has also received $169,000 from Sinema’s campaign this year. The second was travel and security service TOA Group,by the sister of Sinema’s friend, former Rep. Tulsi Gabbard, with almost $268,000 paid to it by GSD.

In trips ranging from Silicon Valley to London, GSD spent $200,000 on event rentals and catering, hotels, airfare, wine, car services, and other transportation, according to. In the first two months of the year, GSD spent more than $2,500 at the five-star Le Roch Hotel & Spa Paris and nearly $2,000 on car transport with a Paris-based private service.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 69. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US moves to restrict trade threatens chip industry: China industry associationThe U.S. government's moves to restrict trade threatens globalisation in the semiconductor sector and consumer interests, the China Semiconductor Industry Association said on Wednesday.
Source: Reuters - 🏆 2. / 97 Read more »

How blockchain takes the electronic music industry to a whole new levelDiscover how KlubCoin uplifts the electronic music ecosystem, including parties, festivals and artist collaboration. [Cointelegraph Acceleration]
Source: Cointelegraph - 🏆 562. / 51 Read more »

Markets are 'overdue' for a correction, investment manager says — and picks 3 stocks to buyJames Demmert of Main Street Research also reveals what he thinks could trigger a new bull market.
Source: CNBC - 🏆 12. / 72 Read more »