Republican presidential candidate and former U.S. Ambassador to the United Nations Nikki Haley speaks during her New Hampshire presidential election night rally in Concord, New Hampshire, U.S., January 23, 2024.
Faith Ninivaggi | Reuters
Former U.N. Ambassador Nikki Haley’s campaign for president raised more than $17 million in the most recent quarter and entered the crucial election year with $14 million in the bank, according to new Federal Election Commission records.
The solid amount of money Haley’s campaign has at its disposal could provide the former South Carolina governor with a much-needed cushion in a long primary battle against front-runner Donald Trump. The next major primary election will take place in South Carolina on February 24th. According to a polling average from Real Clear Politics, the former president is leading Haley by about 30 percentage points in the polls there.
The campaign total does not include what Haley’s allied joint fundraising committee, Team Stand for America, raised. On Wednesday, that group reported $13 million in additional donations in the final six months of 2023.
According to the documents, Team Stand for America transferred just over $2 million directly to Haley’s campaign. The committee started 2024 with about $2 million.
Unlike a super PAC, the Haley presidential campaign accepts donations under strict rules and limits, but is allowed to spend that money on direct expenses such as campaign staff, travel and political rallies. However, a super PAC can accept unlimited donations but is prohibited from funding direct expenses such as airfare and campaign costs.
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2024-02-01 06:06:49
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