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DNC in Crisis as Donors Bail | Salt Lake City News
Description
Big Democratic donors are pulling out, losing faith in DNC chair Ken Martin as FEC data reveals the committee’s deep financial hole—$16.3M in cash but $18.5M in debt—while the RNC boasts $128M cash and zero debt. Former DNC VP David Hogg calls the situation “sad,” demanding leadership that can actually raise funds. Martin pushes back, criticizing Republicans at events, but donor exodus continues. Meanwhile, House Minority Leader Hakeem Jeffries publicly backs Martin, signaling a split between grassroots finance and party leadership.
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