Senator Scott Brown raised $3.2 million in the last three months of the year, boosting his campaign war chest to $12.8 million, the most that any Massachusetts candidate has accumulated at this stage of a statewide race.
Brown’s campaign said the Republican senator raised $8.5 million in 2011, a robust tally that signals that the GOP is again ready to rally behind Brown. The Senate campaign is expected to be one of the most watched in the country as Brown faces off against a Democratic field led by Elizabeth Warren.
The only Massachusetts campaign account close to the size of Brown’s was that of Senator John F. Kerry, who had $9.9 million in the first month of his 2008 reelection campaign, much of it left over from his 2004 presidential race.
This is a monstrous tally for Brown. Wall Street is clearly not messing around when it comes to stopping Warren:
Financial service lobbyists and other K Street advocates have for weeks been working hard to help the freshman senator win his high-stakes battle for re-election against Elizabeth Warren, a liberal Harvard law professor. Warren is anathema for many finance-sector lobbyists and Wall Street leaders who abhor the newly created Consumer Financial Protection Bureau— a centerpiece of the financial services overhaul—of which Warren was the intellectual architect. [...]
In his two Senate races, Brown’s top five contributors included four financial giants: Fidelity Investments, Goldman Sachs, Massachusetts Mutual Life Insurance Co., and Liberty Mutual Insurance, according to the Center for Responsive Politics. The most generous donor has been FMR Corp., the parent of Fidelity Investments, chipping in at least $97,000 to his campaign committees from executives and the firm’s PAC.
Executives and PACs affiliated with Goldman Sachs pumped at least $60,500 into Brown’s coffers; at least $51,000 from Massachusetts Mutual Life Insurance; and at least $46,000 from Liberty Mutual Insurance. [...]
Inside the Beltway, fundraising has been heating up too. On Nov. 30, veteran financial services lobbyist Dan Crowley, a partner at K & L Gates, hosted a breakfast fundraiser for the senator that drew about a dozen other lobbyists. “There is no Senate race that more clearly reflects the choice for the future direction of the country,” Crowley said, pitting the role of government versus the role of the private sector.
If you think there is more at stake in this campaign than a single senate seat, then the uber-rich who are conducting class warfare against the rest of the country agree with you. They are dead-set on stopping Elizabeth Warren, and everything she represents, from entering the United States Senate.