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Fundraiser in Chief - Presidents and the Politics of Campaign Cash (Paperback)
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Fundraiser in Chief - Presidents and the Politics of Campaign Cash (Paperback)
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Recent presidents have responded to the evolving rules of the
campaign finance system and the competitive electoral landscape by
devoting substantial amounts of their most valuable resource-their
time-to fundraising. In the follow-up to his 2012 book, The Rise of
the President's Permanent Campaign, Brendan Doherty argues that
presidential fundraising is an underexamined tool of modern
presidential leadership and should be viewed as an instrument of
presidential power akin to signing statements, executive orders,
public speeches, and veto threats. Presidents raise campaign cash
for themselves and for their fellow party members in the hope of
electoral gains that will reshuffle the governing deck in their
favor, but acting as fundraiser in chief sparks a host of
controversies.Based on an original dataset of 2,190 presidential
fundraisers spanning more than four decades of presidents from
Carter to Trump, Fundraiser in Chief is the first book-length work
to analyze presidential fundraising in a systematic and
comprehensive manner. Doherty draws on an unprecedented amount of
empirical evidence to shed light on modern presidents' fundraising
priorities and strategies as they seek to move the country closer
to their vision of a more perfect union. Fundraiser in Chief is a
study of presidential resource allocation strategy: how much of
their scarce time presidents devote to fundraising, for whom they
do it, what priorities are illuminated by their efforts, how their
fundraising strategies relate to the evolving campaign finance
landscape, under what circumstances they fundraise behind closed
doors, and the resulting controversies and implications for
presidential leadership and the American political system. Doherty
offers an argument about the incentives that drive presidents to
fundraise so frequently while examining the controversial
implications of their extensive efforts to raise campaign cash. He
contends that rising campaign costs, limits on contributions to
candidates and political parties, the inadequacy of the resources
provided by the presidential public funding system, the specter of
Super PACs raising funds in unlimited amounts, and fiercely
competitive contests to control the White House, Congress, and
governors' offices across the country have all incentivized
presidents to embrace their role as fundraiser in chief.
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