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Hochul fundraising leads Zeldin by wide mark

Jul 19, 2022 1:03 pm

Marina Villeneuve reports at NBC New York that Gov. Kathy Hochul has $11.7 million in campaign cash in the bank, while Republican challenger Lee Zeldin has just $1.6 million. The state’s Republican party had about $80,000 in the bank as of July 11 while the Democratic Party has $376,000 to spend before the November elections. Hochul has gotten most of the money from real estate developers, hedge fund managers, health insurer Fidelis, and unions representing New York City hotel and restaurant workers. Lt. Gov. Antonio Delgado, Hochul's running mate, received $943,000 in television ads from Protect Our Future, a group funded by crypto firm FTX CEO Sam Bankman-Fried. Hochul has not yet signed a two-year, limited moratorium on digital currency mining at fossil fuel power plants that the legislature has passed, Zeldin’s top donors include FTX’s co-CEO Ryan Salame and Home Depot co-founder Ken Langone. Zeldin voting against certifying the 2020 presidential election results, even though there is no proof of major election fraud. Read the full story at NBC New York.

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