Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
November 24, 2014

House Democrat’s Low Fundraising Sparks Retirement Rumors (Again)

House Democrats Low Fundraising Sparks Retirement Rumors (Again)

Peterson posted weak fundraising again. (Tom Williams/CQ Roll Call File Photo)

Rep. Collin C. Peterson, D-Minn., raised about $83,000 in the third quarter, according to his third-quarter fundraising report filed with the Federal Election Commission.

Peterson’s fundraising haul is $10,000 less than last quarter’s fundraising total — both considered to be paltry sums for a long-time member of Congress. He reported $227,000 in the bank.

Such a small haul raises questions about Peterson’s plans for 2014 because weak fundraising can signal that a member is looking to retire. On Tuesday, Peterson’s campaign said in a statement that the congressman is still considering his plans for 2014.

“It’s premature to read too much into Congressman Peterson’s report this fundraising quarter given that he does not yet have an opponent, he is still considering whether he will run again, and the amount raised is similar to what he’s raised previously in off-year quarters,” the campaign said in the statement. “At this time, he remains focused on getting the farm bill completed.”

Republicans publicly pushed Peterson to retire earlier this year, knowing that Minnesota’s 7th District would be more competitive if he was not on the ballot.

GOP nominee Mitt Romney carried Peterson’s district with a 10-point margin in 2012.

There are no Republicans currently challenging Peterson this cycle. However businessman Scott Van Binsbergen has been eyeing a bid, and moved closer to making a decision last month, he told CQ Roll Call in a phone interview.

Minnesota’s 7th District is rated a Democrat Favored contest by Rothenberg Political Report/Roll Call.

  • voltaic

    It’s most disturbing that money is the root of all politics. One Democrat who can’t make enough money to run a media campaign and a maybe Republican businessperson who would probably spend his own cash to buy the election It’s pathetic display of democracy. Instead of having people vote, spare them the burden of casting a vote and instead just have the campaign that spends the most money declared the winner. The results would be about the same and since elected ‘reps’ spend more time with their cash-heavy campaign contributors than with the clueless ‘What’s the Matter with Kansas’ voter, it would be a more representative outcome.

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