Ken Martin, the chairman of the Democratic Nationwide Committee (DNC), made Democrat officers signal non-disclosure agreements earlier than they may view the social gathering’s monetary information at a latest assembly, in keeping with a brand new report from Axios.
It has been extensively reported for months that the DNC is struggling to lift cash. Donors will not be precisely lining as much as hand over their money to the social gathering that blew by way of two billion {dollars} in a matter of weeks in 2024, solely to return up empty handed in the long run. Additionally, now that USAID is successfully over, there aren’t any extra {dollars} flowing from that supply.
Nonetheless, why would Martin make social gathering leaders signal NDAs to easily view the household verify ebook? This raises every kind of purple flags.
From Axios:
Scoop: DNC officers requested to signal NDAs amid monetary woes
The Democratic National Committee requested its management staff to signal non-disclosure agreements earlier than a latest assembly in regards to the social gathering’s funds, two individuals aware of the conversations instructed Axios.
Why it issues: The transfer — a break from previous apply for such officers — underscored DNC chair Ken Martin’s sensitivity in regards to the social gathering’s cash woes and the persistent criticism about his management.
Driving the information: The DNC made the request forward of a personal assembly of senior officers late final month, the sources stated.
- Martin has confronted a crisis of confidence amongst some Democratic donors, operatives and even DNC members over his administration of the social gathering, particularly given the Republican Nationwide Committee’s huge fundraising benefit with the Nov. 3 midterms in sight.
- The DNC has practically $15 million available however is $18 million in debt, in keeping with its newest marketing campaign finance filings by way of the tip of Might.
- The RNC has $125 million available and no debt.
Martin has been privately and publicly defensive in regards to the social gathering’s funds for months, in keeping with individuals near him.
The DNC is cooked. https://t.co/Q8N7g9sdBC
— Steve Visitor (@SteveGuest) July 16, 2026
Some particular person Democrat candidates have performed effectively fundraising for their very own campaigns, however the DNC has a major problem.
Maybe they need to have been extra clear and forthcoming with that 2024 election post-mortem report.
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