The super PAC backing former U.N. Ambassador Nikki Haley entered the election year in January with just $3.5 million in cash, according to new Federal Election Commission records. The relatively small sum raises new questions about whether Haley can finance a viable presidential primary campaign over the coming months.
The new report Wednesday from SFA Fund Inc. covers the period from July 1 through Dec. 31, 2023. It reveals the committee raised just over $50 million but spent nearly $63 million to back Haley. The super PAC entered the reporting period in July with around $17 million but finished with a paltry $3.5 million war chest after it spent heavily on ads.
Some of Haley’s wealthiest donors are considering whether to continue helping, especially after she suffered bruising defeats to the GOP front-runner, former President Donald Trump, in the Iowa caucuses and the New Hampshire primary.
The next major primary is in Haley’s home state, South Carolina, where she was governor, on Feb. 24.
The leading pro-Trump super PAC, MAGA Inc., also filed its six-month disclosure report Wednesday, revealing that it entered January with just over $23 million in cash on hand.
In addition to raising concerns about Haley’s ability to compete in coming primary states, SFA’s $3.5 million cash on hand raises questions about how it was able to finance $14 million worth of advertisements backing Haley since Jan. 1, according to data from the tracking firm AdImpact.
Mark Harris, a representative for SFA Fund, told CNBC the ad spending in January did not come out of the previous fall’s totals. Instead, he said, the additional $10.5 million minimum needed to fund the ad campaign came from “robust” fundraising just this month, he said. Harris declined to say how much the super PAC raised in total this month or who its top donors were.
The lion’s share of the $14 million was spent in Iowa and New Hampshire, with just $200,000 having been spent on TV spots airing in South Carolina so far.
Wednesday’s filing revealed that the super PAC’s fundraising success last fall came on the backs of big-money donors.
Ken Griffin, the CEO of Citadel, gave $5 million to the super PAC in December, according to the FEC records. Griffin made news this week when his spokesman told media outlets, including CNBC, that he donated $5 million to the pro-Haley super PAC in January.
Griffin’s spokesman later confirmed that the $5 million had, in fact, been donated to SFA Fund in December, not January, when the spokesman had originally said the donation was made.
Ken Langone, a co-founder of Home Depot, gave just over $500,000, and David Tepper, a veteran investor and the owner of the Carolina Panthers, gave north of $1 million. Overall, nine donors gave at least $1 million to SFA Fund in the last six months of 2023.
Oil tycoon Harold Hamm contributed around $100,000.
February 01, 2024 at 09:14AM
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Nikki Haley's super PAC spent big to fuel her rise. It started 2024 with little left. - NBC News
Sometimes you have to wonder whether politicians live in the same world as us. Breathe the same air, talk the same language. Almost as if election is immediately followed by a spell at idiot school. To implant that sense of effortless superiority that places their own experience on a higher plane to the rest of us. Their punishment is to be perpetually misunderstood. Take George Freeman. A former Tory minister unable to get by on £120,000 a year. It’s only the Just Giving fundraiser I started this week that’s keeping him off the streets. Pray for George.
But Freeman is far from the only one. On Wednesday, it was hard to find any minister or former minister not hellbent on taking the public for mugs. Maybe they just had spare capacity in their condescension quota for the month. Start again afresh on the first day of February. Or could it be almost everyone has given up. They know change is coming and have given up even pretending to take the job seriously.
Up in Scotland we had the former first minister giving evidence to the Covid inquiry. Since Nicola Sturgeon resigned from the top job in March she has spent more time than she would have wanted being questioned by police about the SNP’s finances. No one still seems to know how a luxury motorhome came to be parked outside her mother-in-law’s house in Dunfermline. But at the very least, it’s given Nicola some practice in answering awkward questions.
The lead counsel for the inquiry, Jamie Dawson, began with Sturgeon’s missing WhatsApp messages. What was it about Covid that led so many senior politicians to delete all their WhatsApps? That was a side-effect Chris Whitty never warned the rest of us about. Specifically, Dawson wanted to know why the former first minister had told Channel 4 in 2021 that she would hand over all her messages to any inquiry when she knew that she had already deleted them.
“Ah that,” said Nicola. She was sorry if there had been any misunderstanding, but she had only wanted to keep things simple for the little people. Because all that had happened was that she had saved the messages she thought would be relevant. Not that everything else had been deleted. It had merely not been retained in a way that could be retrieved.
Basically, she had been doing everyone a favour. Saving people the effort of going through messages asking people to amend her Tesco shopping order. In other words, Nicola had merely been doing the inquiry’s job for it. Because who better to decide what was relevant than Sturgeon herself? Really, she should have been made chair of the Scottish leg of the inquiry and let Lady Hallett take a few weeks off. So nothing to see here, then … Er, no. Nicola. Back in 2021 you lied to a TV journalist.
Nicola looked shocked. Her sentences became longer and more inarticulate. Openness and transparency had always been her guiding principles. If anything she had overshared with the Scottish people as first minister. “I knew I had operated in line with a policy I had operated in line with,” she said. No one was any the wiser.
We moved on to a surviving WhatsApp from a civil servant describing a culture of plausible deniability. Sturgeon shrugged. She could plausibly deny any plausible deniability. She certainly couldn’t recall any instructions to destroy evidence. That would be abhorrent. Someone might have said it as a joke. That was it, a joke. Ha ha. Then she had misremembered stuff in the past.
“I make no apology for saying that Boris Johnson was the wrong person to be prime minister,” she said. Many of us could agree on that. But there had also been times when she wished she hadn’t been first minister. She had just tried to be the best version of herself. Her voice caught and she dabbed her eyes as she recalled the responsibility. This was the human Nicola. The one she normally reserves for private consumption only.
The rest of the evidence could be filed alongside plausible deniability. She had always wanted to be inclusive in her decision-making. Couldn’t understand why the details of what was discussed were missing. Had definitely never tried to use the pandemic to her personal advantage. That would be the last thing she would do. Had merely tried to stop Scotland making the same mistakes as England. Believable? Barely. Then she hadn’t had countless piss-ups, she hadn’t ignored the scientific evidence and she hadn’t lost billions in PPE fraud to mates. So there was that.
Back in London, James Cleverly was also struggling with language during an appearance before the home affairs select committee. Jimmy Dimly’s command of language often leaves a lot to be desired. His natural speech is pure bollocks. There was no backlog of migrants to be processed, he insisted. To suggest otherwise was a lie. There was just an orderly queue. A bit like at a supermarket checkout. He also said that sending one person to Rwanda would prove the whole scheme was worthwhile. He thinks we’re all as dim as him.
Rishi Sunak was also reduced to talking nonsense at prime minister’s questions. Mostly because there’s nothing sensible left for him to say. Other than, “I give up. Let’s have an election.” Rish! has run out of road and no longer bothers to disguise his impotence. The only reason the Northern Ireland deal is going through is thanks to a £3bn bung and the belief that the Tories won’t be in power in a year’s time. So no one’s kicking up a fuss over alignment with the EU. That’s now priced in.
It was almost as if Keir Starmer had also got fed up with the one-sidedness of his exchanges with Sunak. His performance was no better than phoned in. Still enough to win easily, but nothing very inspirational. Trading on your opponent’s uselessness doesn’t win hearts and minds.
Rishi had nothing. No answer to inevitable pleas for distressed Tory ministers. No answer to people’s mortgage payments going up. Other than everyone should just sod off, stop bothering him and extend their mortgage into retirement. Great, we can all carry on working till we die. Thanks Rish!. Thanks Liz. Sunak shrugged. Phil from Iceland could also do one. Taking the piss out of a member of the public is bad politics. A sure sign the game is up. The Tory benches were half empty long before the end. Send for the whisky and barbiturates.
There was one sign of life. A very primitive form of life. Barely sentient. Someone who makes Jimmy Dimly look like an intellectual giant. The one, the only Andrea Leadsom. No one lowers the stupidity bar further than her. She was out on the airwaves celebrating the four-year anniversary of Brexit. Luckily, her short-term memory is shot, so she can’t remember what she said last year. Now she was insisting we should be cheering on rising food prices as a symbol of our liberation. We’re going to miss her when she’s gone. A Brexit giant …
February 01, 2024 at 01:51AM
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Don’t worry, little people. Nicola Sturgeon can run this Covid inquiry for you - The Guardian
The bar's second location will be on Davis Lane, near Slaughter Lane and Manchaca Road.
AUSTIN, Texas — Lala's Little Nugget is getting ready to bring year-round Christmas cheer to South Austin, according to a report from Community Impact.
The bar, located on Justin Lane in Austin's Brentwood neighborhood, is expanding with a second location at 3008 Davis Lane, near Slaughter Lane and Manchaca Road.
Community Impact reports that the new location, called Lala's South Pole, is expected to open this spring and will include a full-service kitchen, a large patio and, of course, year-round Christmas decorations.
Founded in 1972, Lala's is known for its kitschy year-round yuletide vibes and winter-themed drinks. The bar is led by FBR Management, the hospitality team behind Lavaca Street Bar, Sign Bar, Gibson Street Bar, Mean Eyed Cat, Midnight Cowboy and more.
January 31, 2024 at 10:06PM
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Year-round Christmas bar Lala's Little Nugget opening South Austin location - KVUE.com
Minneapolis Police have begun removing camp residents from the relocated Camp Nenookaasi about a month after the previous site had been cleared.
Camp organizer Christine Crabtree told MPR News that around 9:15 a.m. Tuesday, unmarked police cars began forming a perimeter around the encampment at 26th Street and 14th Avenue in Minneapolis.
Crabtree said there is a significant police presence on Bloomington Avenue where it intersects 27th Avenue, 26th Avenue and 25th Avenue.
This follows an apparent shooting of a 29-year-old man at the camp Monday night. Crabtree said the person involved in the shooting had been a source of conflict for the past several weeks and that people at the camp called 911 for help removing the individual.
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At a press conference after evictions began, Minneapolis Community Safety Commissioner Toddrick Barnette said the shooting was one factor in the city’s decision to close the camp. Another was the outbreak of a stomach virus there last week, Barnette said.
“We cannot ignore the public safety concerns at these large encampments or the health concerns associated with the large encampments.”
Director of Public Works Margaret Anderson Kelliher said the city will not permit another large encampment from forming. She said it will cite anyone who returns to the site for trespassing and is working with community partners to find shelter and housing placements for residents.
Kelliher said there have routinely been 80 to 90 shelter beds available since the camp formed in January. She said about 25 people have been staying overnight at the camp.
When news of the eviction spread, community members arrived on the scene to help residents of the camp to move belongings, though significantly fewer are available compared to when the previous eviction occurred on Jan. 4, according to MPR News staff on the scene.
Crabtree says city officials told organizers on Jan. 5 that an eviction was imminent but the city would provide a notice. A later conversation with the city also led them to believe an eviction would happen.
The city says crews will wait until people at the encampment have had ample time to gather their things. As of 11:00 a.m., three residents had left the camp.
This is a developing story. Check back at mprnews.org.
January 31, 2024 at 12:05AM
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Police begin eviction of Camp Nenookaasi, residents say they had little notice - MPR News
little.indah.link Olema Oncology could be a standout player in developing therapies for women's cancers, particularly in breast cancer, according to Citi Research. Analyst Yigal Nochomovitz initiated the clinical-stage biotech company at a buy/high risk rating, saying it has potential in developing a "next-gen endocrine therapy." His price target of $20 implies shares could surge more than 72% over the next 12 months. The stock was flat in trading on Tuesday, but has fallen more than 16% so far this year. Last year, Olema shares soared more than 470% as the company released a series of positive updates, particularly about its lead investigational oncology drug palezastrant , Nochomovitz said. Palazestrant is a complete estrogen receptor antagonist, or CERAN, and selective ER degrader, or SERD, that is currently under development for the treatment of metastatic ER+/HER2- breast cancer. The drug, which has been granted FDA "fast track," is an oral compound, meaning it is taken in the form of a tablet or pill. "We believe palazestrant has emerged as a highly promising CERAN/SERD with opportunities across multiple lines of ER+ breast cancer," Nochomovitz wrote in a Tuesday note. "While the SERD space remains competitive and Olema is trailing the competition, we view palazestrant's ESR1 wild-type activity, favorable combinability with CDK4/6i's, and strategy to combine with ribociclib for pivotal 1L development as possible angles for differentiation to materialize," the analyst added. CDK4/6 inhibitors are drugs that are used to treat metastatic breast cancer, or advanced stage IV breast cancer, which has spread to other organs in the body far from the breast. Palazestrant has already proven it can be safely combined with the CDK 4/6 inhibitors, ribociclib and palbociclib, in a Phase 1/2 study . The company is looking to partner for its phase 3 studies and Nochomovitz anticipates that shares could react once such a relationship is announced in the near to mid-term.
January 30, 2024 at 11:52PM
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This little-known oncology stock could jump more than 70%, Citi says - CNBC
Available with or without carbide studs pre-installed, all versions of the Bailiff are 4.5" wide and feature 312 stud pockets. (Learn more.)
Pace Cycles New 2024 RC529
Complete bikes from $5,745.83 CAD
The bike is the older sibling to the RC429. (Learn more.)
RiDE Creatives' Gearbox DH Bike Concept
Their caps-lock key might be broken, but the bike looks interesting. (Learn more.)
Handup's Adventure-Ready MTB Jeans
$69 USD
After the success of their jorts, Handup decided "it was time to leave a little material below the knee." (Learn more.)
YT Industries; Capra Core 5
From $6499 US / $8999 CAN
All the nicest components and a full Öhlins suspension package, all on the current Capra frame. (Learn more.)
OneUp's V3 Dropper Post
Post Only: $269.99 USD / $364.99 CAD | Post & Remote: $299.99 USD / $399.99 CAD
V3 is significantly lighter with a ton of other claimed improvements. V2 is one of our favourite posts, so we're interested to see how V3 stacks up. (Learn more.)
Hope's XCR Pro Brake Options
XCR PRO X2: £200.00 / €250.00 / $253.00 USD | XCR PRO E4: £225.00 / €285.00 / $285.00 USD
Hope's lightest brakes now come in more colors, and can be configured with the E4 caliper for more power. (Learn more.)
Wolf Tooth's 8 Colours for The ReMote Pro Lever
ReMote Pro Colors in 22.2 Clamp Fitments are $69.95 USD
You can now choose from 8 different colours. (Learn more.)
Ibis Ripmo AF & Ripley AF Receive UDH Hangers, New Colors, & New Price
Complete builds start at $2,999 USD
Both the Ripmo AF and Ripley AF models now feature SRAM’s Universal Derailleur Hanger. (Learn more.)
E*thirteen Components' New MTB Wheels for 2024
Various
The new line of MTB wheels includes the Optimus Trail, Sylvan All Mountain, and Grappler Gravity lines. (Learn more.)
SCOR's AI-Designed Frame Protectors
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SCOR's intern went wild with AI and created a limited edition run of frame protectors. (Learn more.)
Tonton Fat Bike
Frame from $2200 CAD / completes from$5200 CAD
The Alberta-built Tonton was tested by the legendary Reg Mullet. (Learn more.)
January 31, 2024 at 12:10AM
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Tech Briefing: Clever Little Gadgets, MTB Jeans, Colourful Brakes & More - Pinkbike.com
January 30, 2024 at 05:28PM
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Evergrande Liquidation to Leave Little for Creditors to Claim - Bloomberg