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Michael Toner Weighs in on Hillary Clinton’s Fundraising Potential in Possible 2016 Run
Michael E. Toner, co-chair of Wiley Rein’s Election Law & Government Ethics Practice, was quoted in a Financial Times article published May 29 about the fundraising support system that has already been built for Hillary Clinton, should the former U.S. secretary of state decide to run for president.
According to the article, four political groups—including one ready to fundraise—are already in place to support a presidential campaign if Mrs. Clinton decides to seek the presidency. Observers have noted that Mrs. Clinton’s ability to raise money has some Republicans fearful of her potential candidacy. Mr. Toner, a former chairman of the Federal Election Commission, said that if Mrs. Clinton runs, “her presidential campaign would likely smash all fundraising records,” he said. “She and her husband can raise hundreds of millions of dollars and the Republicans will be very hungry to stop her.” Mr. Toner noted that should Mrs. Clinton seek the White House, “the stage is set for the most expensive presidential race in history.”