Warren raises $6 million in first quarter

Politico

Sen. Elizabeth Warren raised $6 million in the first three months of the year, landing her in the middle of the pack of 2020 candidates and highlighting the difficulty ahead competing for money against more prolific fundraisers like Bernie Sanders and Beto O’Rourke.

The Massachusetts Democrat also burned through more than 85 percent of what she raised in the first quarter.

While Warren has a comfortable cushion in the bank of funds leftover from her Senate campaign fund, with nearly $11.2 million cash on hand, the early fundraising reveals that Warren is spending like a front-runner but isn’t yet raising money like one.

That’s due in part to Warren’s self-imposed limits on dialing up high-dollar donors and holding big-money fundraisers, which she enacted in February. It’s also a testament to a weighty campaign infrastructure, with more than 50 staff members and robust organization already built in early presidential primary states, all of which was set up earlier than the rest of the Democratic presidential field.