Newsom continues to dominate fundraising in California governor's race
By PHIL WILLON and SEEMA MEHTA
FEB 01, 2018 | 12:05 AM
Lt. Gov. Gavin Newsom has amassed a war chest of more than $16 million for his 2018 bid for governor, far outpacing his rivals and cementing his position as the clear front-runner in a race that's just starting to liven up.
With his dominant fundraising and consistent lead in the polls, Newsom is sailing toward the June primary as his two closest Democratic rivals, state Treasurer John Chiang and former Los Angeles Mayor Antonio Villaraigosa, struggle to close the gap and Republican candidates lag far behind.
Still, Chiang and Villaraigosa have stashed away enough money to mount competitive campaigns and potentially finish in the top two in June, enough to advance to the November general election.
Chiang and Villaraigosa each reported having just under $6 million in cash on hand. In 2017, Villaraigosa raised $4.4 million, nearly a half-million more than Chiang brought in. Newsom swamped them both, raising more than $10 million in 2017, according to campaign finance reports filed with the California Secretary of State's office.
more
http://www.latimes.com/politics/la-pol-ca-governors-race-fundraising-20180201-story.html