Campaign finance laws might hurt Hillary Clinton’s fundraising efforts

Campaign finance laws might hurt Hillary Clinton’s fundraising efforts

The main super PAC supporting Hillary Clinton is struggling in its early efforts to line up cash toward a fundraising goal of as much as $500 million, according to sources with knowledge of its fundraising.

The group, Priorities USA Action, is trying to secure 30 or more pledges of at least $1 million apiece to be unveiled publicly when the former secretary of state officially enters the race, sources say. But, so far, it has received only about 10 firm commitments, and it is encountering resistance from top donors who have given to other Clinton-linked vehicles, including ostensibly aligned super PACs and even the apolitical Clinton Foundation.

Discussions have focused on trying to supercharge the sluggish fundraising by enlisting help from heavyweight surrogates with close ties to the Clintons, including possibly Virginia Gov. Terry McAuliffe or investment banker Tom Nides, who served under Hillary Clinton at the State Department, according to sources.

Priorities, which has worked to reinvent itself after helping President Barack Obama win reelection in 2012, has been buffeted by disagreements over its mission, as well as its fundraising strategy and goals, according to interviews with about a dozen Democratic donors and operatives working to lay the groundwork for an expected Clinton campaign.

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