{"id":6457,"date":"2023-10-28T18:00:05","date_gmt":"2023-10-28T18:00:05","guid":{"rendered":"https:\/\/infundpros.com\/business\/questions-over-fundraising-dog-new-us-house-speaker\/"},"modified":"2023-10-28T18:00:05","modified_gmt":"2023-10-28T18:00:05","slug":"questions-over-fundraising-dog-new-us-house-speaker","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=6457","title":{"rendered":"Questions over fundraising dog new US House Speaker"},"content":{"rendered":"<div>\n<p>Stay informed with free updates<\/p>\n<p class=\"article__content-sign-up-topic-description\"><span>Simply sign up to the <!-- -->US politics &amp; policy<!-- --> myFT Digest &#8212; delivered directly to your inbox.<\/span><\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=c66c494f-3ac8-43b5-a815-1afedf944d26&amp;concept-id=6f7d5d90-ac15-41fe-9e31-e69b42a013c6\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>In 22 days, US House Republicans ousted their best fundraiser and replaced him with one of their weakest.<\/p>\n<p>Mike Johnson, the new Speaker of the House of Representatives, displayed singular backroom skill to emerge as the consensus candidate for the Republican party on Wednesday, after Steve Scalise, Jim Jordan and Tom Emmer tried and failed to succeed the toppled Kevin McCarthy.<\/p>\n<p>But Johnson, a Christian conservative from a relatively poor district in north-west Louisiana, lacks relationships with big donors who helped fuel the Republican takeover of the House in the 2022 midterm elections. He now faces the daunting prospect of protecting the party\u2019s tiny majority in the lower chamber in 2024.<\/p>\n<p>\u201cNever met him or had a call from him,\u201d said an adviser to a Republican megadonor. \u201cI had to read his Wiki page, as I knew absolutely nothing about him.\u201d<\/p>\n<p>The questions over the relatively unknown House Republican\u2019s ability to raise money come as the party tries to recuperate after an unprecedented, chaotic process to elect a new leader.<\/p>\n<p>Since winning a competitive primary to become the Republican candidate for his district in 2016, Johnson has been a below-average fundraiser. The typical House member raised about $3mn in the 2022 election cycle; Johnson raised less than half of that, according to OpenSecrets.\u00a0In 2022, he barely cracked the top 300 of 435 incumbents.<\/p>\n<p>For a member of leadership, the contrast is even starker. In his entire congressional career, Johnson has raised only $5.5mn \u2014 about half of what McCarthy\u2019s personal campaign account has on hand.<\/p>\n<p>Johnson\u2019s donors are tied to local interests, including the oil and gas industry, healthcare providers, and contractors. But an affiliated political action committee has raised just $245,000 so far this year, and all the donations were from Louisiana, except six from Texas. Another Pac affiliated with him raised even less.<\/p>\n<p>Johnson, however, has been elected to leadership positions and become a team player, directing more than $400,000 to the National Republican Congressional Committee, the House GOP campaign arm, in 2022.<\/p>\n<p>But he is well aware that after his unexpected rise to the top, he will need to quickly form relationships with the top donors of the party and raise millions more. The Congressional Leadership Fund and NRCC raised nearly $550mn combined in the 2022 election cycle \u2014 and are about $10mn behind their Democratic counterparts in cash on hand.<\/p>\n<p>\u201cHe will obviously ramp up his fundraising activity and capability now that he is speaker,\u201d said Mike Lawler, a congressman from New York, referring to Johnson. \u201cKevin, obviously, is the most prolific fundraiser that we\u2019ve had in Congress, so it\u2019s going to take some time to get back up to speed.\u201d<\/p>\n<p>Lawler added that he was confident Johnson would \u201cwork hard on behalf of the conference \u2014 and build the relationships that he needs\u201d.<\/p>\n<p>Democrats are also trying to figure out who Johnson is, and trying to link him to better-known, unpopular Republicans. They have already homed in on his anti-gay marriage views, advocacy in favour of banning abortions, his support for overturning Joe Biden\u2019s 2020 election victory, and former president Donald Trump\u2019s new nickname for the House Speaker: \u201cMAGA Mike\u201d.<\/p>\n<p>A press release from House Majority PAC, the super Pac aligned with the House Democratic leadership, blasted New York Republicans \u2014 holding traditionally more progressive seats \u2014 for electing as Speaker who was also backed by Matt Gaetz, the firebrand Florida congressman and Trump ally.<\/p>\n<p>Democrat Nydia Vel\u00e1zquez yelled \u201cbye-bye\u201d after Lawler, one of the vulnerable New York Republicans, voted for Johnson. \u201cI thought it was comical,\u201d Lawler told the Financial Times.<\/p>\n<p>\u201cI\u2019ve won twice in two-to-one Democratic districts, because the voters in my district know who I am,\u201d he said. \u201cI suspect my voters will be more focused on what I\u2019m doing as opposed to speaker votes or what the speaker is saying about a given issue,\u201d Lawler added.<\/p>\n<p>Representatives for Johnson did not respond to requests for comment.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.ft.com\/content\/c66c494f-3ac8-43b5-a815-1afedf944d26\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stay informed with free updates Simply sign up to the US politics &amp; policy myFT Digest &#8212; delivered directly to your inbox&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":{"0":"post-6457","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Questions over fundraising dog new US House Speaker | inFundPros<\/title>\n<meta name=\"description\" content=\"Stay informed with free updatesSimply sign up to the US politics &amp; policy myFT Digest -- delivered directly to your inbox.In 22 days, US House\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=6457\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Questions over fundraising dog new US House Speaker | inFundPros\" \/>\n<meta property=\"og:description\" content=\"Stay informed with free updatesSimply sign up to the US politics &amp; policy myFT Digest -- delivered directly to your inbox.In 22 days, US House\" \/>\n<meta property=\"og:url\" content=\"https:\/\/infundpros.com\/?p=6457\" \/>\n<meta property=\"og:site_name\" content=\"inFundPros\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-28T18:00:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-wall.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Press Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Press Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/infundpros.com\/?p=6457#article\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/?p=6457\"},\"author\":{\"name\":\"Press Room\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\"},\"headline\":\"Questions over fundraising dog new US House Speaker\",\"datePublished\":\"2023-10-28T18:00:05+00:00\",\"dateModified\":\"2023-10-28T18:00:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/infundpros.com\/?p=6457\"},\"wordCount\":684,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/infundpros.com\/?p=6457#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/infundpros.com\/?p=6457\",\"url\":\"https:\/\/infundpros.com\/?p=6457\",\"name\":\"Questions over fundraising dog new US House Speaker | inFundPros\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/#website\"},\"datePublished\":\"2023-10-28T18:00:05+00:00\",\"dateModified\":\"2023-10-28T18:00:05+00:00\",\"description\":\"Stay informed with free updatesSimply sign up to the US politics &amp; policy myFT Digest -- delivered directly to your inbox.In 22 days, US House\",\"breadcrumb\":{\"@id\":\"https:\/\/infundpros.com\/?p=6457#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/infundpros.com\/?p=6457\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/infundpros.com\/?p=6457#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/infundpros.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Questions over fundraising dog new US House Speaker\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/infundpros.com\/#website\",\"url\":\"https:\/\/infundpros.com\/\",\"name\":\"Fintech Advance\",\"description\":\"Latest Finance and Tech News and Updates\",\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/infundpros.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/infundpros.com\/#organization\",\"name\":\"Fintech Advance\",\"url\":\"https:\/\/infundpros.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"width\":409,\"height\":70,\"caption\":\"Fintech Advance\"},\"image\":{\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\",\"name\":\"Press Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"caption\":\"Press Room\"},\"sameAs\":[\"https:\/\/infundpros.com\"],\"url\":\"https:\/\/infundpros.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Questions over fundraising dog new US House Speaker | inFundPros","description":"Stay informed with free updatesSimply sign up to the US politics &amp; policy myFT Digest -- delivered directly to your inbox.In 22 days, US House","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/infundpros.com\/?p=6457","og_locale":"en_US","og_type":"article","og_title":"Questions over fundraising dog new US House Speaker | inFundPros","og_description":"Stay informed with free updatesSimply sign up to the US politics &amp; policy myFT Digest -- delivered directly to your inbox.In 22 days, US House","og_url":"https:\/\/infundpros.com\/?p=6457","og_site_name":"inFundPros","article_published_time":"2023-10-28T18:00:05+00:00","og_image":[{"width":1920,"height":1200,"url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-wall.jpg","type":"image\/jpeg"}],"author":"Press Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Press Room","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/infundpros.com\/?p=6457#article","isPartOf":{"@id":"https:\/\/infundpros.com\/?p=6457"},"author":{"name":"Press Room","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff"},"headline":"Questions over fundraising dog new US House Speaker","datePublished":"2023-10-28T18:00:05+00:00","dateModified":"2023-10-28T18:00:05+00:00","mainEntityOfPage":{"@id":"https:\/\/infundpros.com\/?p=6457"},"wordCount":684,"commentCount":0,"publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/infundpros.com\/?p=6457#respond"]}]},{"@type":"WebPage","@id":"https:\/\/infundpros.com\/?p=6457","url":"https:\/\/infundpros.com\/?p=6457","name":"Questions over fundraising dog new US House Speaker | inFundPros","isPartOf":{"@id":"https:\/\/infundpros.com\/#website"},"datePublished":"2023-10-28T18:00:05+00:00","dateModified":"2023-10-28T18:00:05+00:00","description":"Stay informed with free updatesSimply sign up to the US politics &amp; policy myFT Digest -- delivered directly to your inbox.In 22 days, US House","breadcrumb":{"@id":"https:\/\/infundpros.com\/?p=6457#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/infundpros.com\/?p=6457"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/infundpros.com\/?p=6457#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/infundpros.com\/"},{"@type":"ListItem","position":2,"name":"Questions over fundraising dog new US House Speaker"}]},{"@type":"WebSite","@id":"https:\/\/infundpros.com\/#website","url":"https:\/\/infundpros.com\/","name":"Fintech Advance","description":"Latest Finance and Tech News and Updates","publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/infundpros.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/infundpros.com\/#organization","name":"Fintech Advance","url":"https:\/\/infundpros.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","width":409,"height":70,"caption":"Fintech Advance"},"image":{"@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff","name":"Press Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/person\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","caption":"Press Room"},"sameAs":["https:\/\/infundpros.com"],"url":"https:\/\/infundpros.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/6457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6457"}],"version-history":[{"count":0,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/6457\/revisions"}],"wp:attachment":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}