A week after entering the race for the Democratic nomination for governor, Fred Hubbell says his campaign has raised more than $1 million.
No Democratic challenger for governor has ever raised more than $1 million from individual Iowa donors in the year before the election, according to the campaign. The total incudes no PAC donations and no self-financing, Hubbell’s campaign said.
Hubbell, the retired CEO of Younkers and Equitable Life Insurance Co. of Iowa, doesn’t have to identify his campaign contributors until January when the campaign files a fundraising report with the Iowa Ethics and Campaign Disclosure Board.
Hubbell, a first-time candidate, attributed the fundraising to Iowans being “hungry for a leader who is not beholden to special interests.”
Raising $1 million indicates Hubbell will be able to compete in the multicandidate race for the party’s nomination. With seven others in the race, observers say candidates likely will need extensive campaign organizations to prepare for both the June 2018 primary and — if no candidate receives 35 percent — a nominating convention.
None of the other Democratic candidates — former Iowa City Mayor Ross Wilburn; Rep. Todd Prichard of Charles City; former Iowa Democratic Party Chairwoman Andy McGuire; former Des Moines school board President Jon Neiderbach; John Norris, former aide to Sen. Tom Harkin and Gov. Tom Vilsack; Sen. Nate Boulton of Des Moines; and Coralville nurse and union president Cathy Glasson — have released fundraising totals.
In 2014, Democratic nominee Jack Hatch raised a total of $1.8 million. He was defeated by Gov. Terry Branstad, who raised $9.7 million.
Hubbell’s fundraising haul puts him in the same ballpark as Republican Gov. Kim Reynolds, whose campaign said she has $1.1 million cash on hand, and GOP challenger Ron Corbett, who has raised $804,000 and has “hard commitments” for another $219,000.