October 19, 2017

Indicted Menendez Struggles To Raise Money

Indicted Menendez Struggles To Raise Money

Senator Robert Menendez’s felony corruption and bribery trial is not going well, and yet the embattled Senator is still adamant that he’s running for re-election next year. Given Senator Menendez’s determination to run for re-election, his fundraising, or lack thereof, is notable. The most recent fundraising quarter paints a bleak picture for Menendez, and his “fundraising has fallen by almost half compared with his last campaign”:

“U.S. Sen. Robert Menendez’s fundraising has fallen by almost half compared with his last campaign, new Federal Election Commission filings show. Menendez, D-N.J., who is on trial in Newark on federal corruption charges, reported raising $5.6 million from Jan. 1, 2013, after his last campaign, through Sept. 30. Six years ago he raised $10.4 million during the same period. He entered October with $3.9 million in the bank, compared to $6.9 million in October 2011, 13 months before his last re-election.”

Senator Menendez’s poll numbers have tanked as more New Jersey voters realize their senior Senator is on trial. That means Senator Menendez’s inability to raise money like he once could is a major problem if he does have the opportunity to run in 2018. Look on the bright side though: if Senator Menendez is convicted at trial there will be much less money that he’ll have to return!