US presidential contender Elizabeth Warren ditches big-money fundraisers
US senator turns to grassroots supporters to fund her 2020 presidential campaign
Washington — US senator Elizabeth Warren will hold no political fundraising events with pricey admission fees to collect cash to fuel her bid for the Democratic nomination for president, she announced on Monday, becoming the first candidate to formally swear off the traditional means of campaign funding. With as many as two dozen Democrats expected to vie for the chance to take on President Donald Trump in the November 2020 election, the ability to raise funds could become critical for lesser-known contenders trying to break through the crowd. Democrats have grown increasingly critical that corporations and the wealthy hold too much sway over US elections, and several who are running to be the party’s nominee say they have refused to take corporate money. Warren, who launched her campaign earlier in February, already promised not to take money from lobbyists or political action committees established by corporations. Monday’s announcement takes the pledge a step farther.