House Democrat’s Low Fundraising Sparks Retirement Rumors (Again)
Posted at 12:50 p.m. on Oct. 8
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.