COLUMBUS, Ohio – Republicans running for one of the Ohio Senate seats announced their campaign on Friday just before the latest federal quarterly deadline.
JD Vance, the memorialist and venture capitalist who entered the race later than the rest of the field, said $ 1.75 million in his first quarter as a nominee. This included money raised before he officially declared his candidacy in July, as well as a personal loan of $ 100,000 that he made to his campaign, according to his campaign. His campaign bank account is now about $ 846,400.
While his fundraising was on track with the first quarters of other Republican candidates, finding campaign money is less of a problem for Vance, as he is supported by a Super PAC funded by a donation of $ 10 million startup from Silicon Valley tech entrepreneur Peter Thiel. The $ 10 million figure alone is what a candidate needs to run a viable statewide campaign. Super PACs are allowed to collect and spend unlimited amounts of money, as long as they don’t coordinate with any candidate.
Bernie Moreno, a luxury car dealership from Cleveland, said he raised $ 701,000. That’s a drop from the previous quarter, when Moreno, a newcomer to politics, surprisingly outperformed the rest of his opponents, reporting $ 2.25 million in donations.
In the last quarter, Moreno stepped up his campaign by loaning himself $ 3 million. After spending $ 603,765, much of it on payroll, his campaign now has $ 4.74 million in cash.
Cleveland investment banker Mike Gibbons has meanwhile continued to invest millions of his own money in his race. He loaned an additional $ 2.25 million, bringing his personal investment in his campaign to nearly $ 9 million in total. It only raised $ 113,254 from external donors in the last quarter.
Gibbons also spent a considerable amount, reporting $ 4 million in spending, including $ 3 million in TV and radio commercials. With that, his campaign bank account now has $ 5.8 million, the most of any candidate. He announced his intention to spend $ 10 million on advertising before the May election.
U.S. Representative Tim Ryan, a Democrat from the Niles area seeking a Senate seat, said he raised more than $ 2.5 million in the quarter, spent more than $ 1.4 million and finished with over $ 3.6 million on hand. He said he raised $ 176,600 from political action committees.
Another Democrat in the race, Columbus attorney Morgan Harper, raised nearly $ 536,000 in the quarter, spent about $ 122,000 and had nearly $ 414,000 in the bank at the end of September. None of his fundraisers came from company political action committees. She spent over $ 66,000 on digital advertising.
Former state treasurer Josh Mandel and former Ohio Republican Party chairwoman Jane Timken also had not submitted their campaign fundraising reports by 6:30 p.m. Friday, making their full breakdown of the fundraiser. funds unavailable.
Mandel issued a press release on Friday saying he had raised $ 1.1 million and had $ 5.8 million in cash. However, Mandel’s campaign fundraising operation has historically involved several affiliate committees, some of which have restrictions on how he can spend the money, making it difficult to analyze his finances.
And last week, Timken announced that she made $ 1.7 million and had $ 3.1 million in her campaign bank account. His campaign did not specify how much of his money came from outside donors and how much was his own money.
Ohio Senator Matt Dolan, a Republican from Chagrin Falls, did not file a case on Friday. A campaign official said he had only recently entered the race, which he was not required to file until January.
In his federal report on Friday, Mark Pukita, a long-running Dublin businessman, said he raised just under $ 3,200 in the last quarter.
All the candidates are running for the GOP primary to replace Republican Senator Rob Portman, who is not seeking re-election next year. Primary elections are held in May, while general elections are held in November.
Cleveland.com and Plain Dealer reporter Sabrina Eaton contributed to this story.