Schiff’s coffers stuffed ahead of race to replace Feinstein in the Senate
Asher Notheis
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Rep. Adam Schiff (D-CA) is starting off with strong finances going into the 2024 Senate race, where he will compete against fellow Democratic members of Congress for the spot held by Sen. Dianne Feinstein (D-CA).
Schiff’s coffers, containing money he did not spend in previous elections, remain full going into the Senate race. They hold $20.9 million he did not spend on his 2022 reelection. Rep. Katie Porter (D-CA), who is also seeking the Senate seat, ended her 2022 race with $7.4 million to spare, and Rep. Barbara Lee (D-CA) had $52,000, according to Open Secrets.
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Additionally, Schiff’s campaign reported having $24.7 million on hand at the end of March, giving him a notable financial lead in the Senate primary race. Porter reported having $9.4 million at the end of March, and Lee reported having $1.2 million. Schiff also raised more money than his rivals in the first three months of the year, raising $6.5 million compared to Porter’s $4.6 million and Lee’s $1.5 million, according to quarterly reports filed with the Federal Election Commission.
Schiff announced his candidacy for Senate in January, two weeks after Porter announced she was entering the race. Lee then followed, announcing her candidacy in February.
The Senate seat Schiff, Porter, and Lee are all competing for is currently held by Feinstein, who announced earlier this year that she would not seek another term as senator. Feinstein has served in the Senate for over 30 years, and at 89 years old, she is the oldest serving member of Congress.
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Earlier this week, Feinstein returned to the Senate following a nearly three-month absence due to a hospitalization caused by shingles. Feinstein said she has not fully recovered and that she would take on a “lighter schedule” over the next few weeks.
Feinstein’s return to the Senate came amid calls from Democratic lawmakers for her to step down from her position. Reps. Alexandria Ocasio-Cortez (D-NY) and Rashida Tlaib (D-MI) were among those calling for her resignation.