Deval Patrick PAC Makes Impressive Fundraising Round
Political operatives connected to former Democratic Massachusetts Governor Deval Patrick launched a PAC to test a potential run for president -- and if the fundraising results are any indication, the field just got more crowded. The Reason to Believe PAC hit the ground running, generating almost $350,000 in contributions in less than two months -- pulling far ahead of PACs connected to other potential Democratic candidates in the 2020 presidential race. Most of the funding came from Dan Fireman, Managing Partner of the private equity firm Fireman Capital Partners in Boston, who donated $250,000. The next biggest donors were John Fish, a prominent Boston developer who gave $50,000, and Charlie Zink, who donated $20,000. The limited traditional PAC donations came from all over Massachusetts, as well as more spread out places like Oregon and Georgia. Though not started by Patrick himself, the Reason to Believe PAC has the same name as his 2011 autobiography and is run by his former aides, including John Walsh, Patrick’s former Campaign Manager. Patrick has hit the campaign trail drumming up support for candidates like Mike Espy who is running for Senate in Mississippi; Colin Allred in Texas, a first-time candidate competing in a red-to-blue district; and Josh Welle, who is running for a House seat in New Jersey. Patrick, the first Black Governor of Massachusetts and current Managing Director at Bain Capital, as yet to formally announce whether he'll run in 2020. However, there has been plenty of speculation fueled in part by the 62-year-old saying in March that a run for president was on his radar. “I am very focused on 2018 and I am going to be consistent with my day job. I’m going to try to be active on 2018 and I’ve been asked by a number of candidates to be involved ... I think it’s all hands on deck right now and there’s lots and lots of different ways to serve. Looking ahead to 2020, there’s a lot of great people in that field and I’m watching that too, watching to see who’s in and how I can be helpful,” Patrick said in May in an interview with Pod Save America. More on the PAC fundraising here.