Sen. Scott Brown’s campaign and his
political action committee are hustling for millions of dollars from K
Street lobbyists and Wall Street interests to keep the Massachusetts
seat of iconic Democrat Edward M. Kennedy in Republican hands.
Whether
the freshman senator can win re-election in the predominantly
Democratic state could be a critical factor in GOP efforts to wrest
control of the Senate.
Next week, Brown backers are slated to hold
at least two fundraisers to fill the coffers of Scott PAC and his
campaign. On Dec. 7, his campaign is hosting a money bash at the
National Theater, where the play
“Jersey Boys” is currently
running. And on Dec. 11, Scott PAC is holding a fundraiser at Fed Ex
Field when the Washington Redskins take on the New England Patriots.
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.
Even though Brown’s campaign had
over $10.5 million in the bank as of Sept. 30, lobbyists are in
overdrive to raise millions more because Warren’s campaign is off to a
fast start and a new poll shows her with a slight edge over Brown.
Deep-pocketed
GOP allies such as Crossroads GPS, the Karl Rove-founded group backed
by secret donors, have sought to help Brown with negative TV spots
against Warren. Last month, Crossroads GPS spent about $600,000 on
an ad that said “Elizabeth Warren sides with extreme left protesters,” a reference to the Occupy Wall Street movement.
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