Investment Industry Pours Cash Into Kyrsten Sinema’s Leadership PAC

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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.

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