Find the latest episode of "The Uncertain Hour" here. Listen
Elections 2020

Jaime Harrison raises record $57 million in S.C. Senate race against Graham

Sabri Ben-Achour, Jasmine Garsd, and Alex Schroeder Oct 12, 2020
Heard on:
HTML EMBED:
COPY
Harrison's $57 million is highest quarterly fundraising total for any Senate candidate in U.S. history. Sean Rayford/Getty Images
Elections 2020

Jaime Harrison raises record $57 million in S.C. Senate race against Graham

Sabri Ben-Achour, Jasmine Garsd, and Alex Schroeder Oct 12, 2020
Heard on:
Harrison's $57 million is highest quarterly fundraising total for any Senate candidate in U.S. history. Sean Rayford/Getty Images
HTML EMBED:
COPY

History was made last quarter in South Carolina: Jaime Harrison, the Democrat challenging Republican incumbent Sen. Lindsey Graham, raised $57 million from July through September. That’s the highest quarterly fundraising total for any Senate candidate in U.S. history.

Marketplace’s Jasmine Garsd spoke with “Marketplace Morning Report” host Sabri Ben-Achour about that record-breaking sum. The following is an edited transcript of their conversation.

Sabri Ben-Achour: Jasmine, is this record-breaking amount of money a product of campaigns gradually getting more expensive? Or is it just that contentious?

Jasmine Garsd: Well, campaigns are getting more expensive. But also there are very hotly contested issues at play here — you’ll probably hear them at the Supreme Court confirmation hearings for Amy Coney Barrett that begin today, with Senator Graham overseeing.

Liberal voters are worried about the possibility of a more conservative Supreme Court, one which many fear could overturn Roe v. Wade and block policies they want for years to come. This has led to an explosion of Democratic donations.

Ben-Achour: But not all of those donations came from South Carolina.

Garsd: That’s right. A lot of that money is coming from out-of-state voters. So there are questions: Does this reflect the sentiments of South Carolina voters?

This is a state that voted for President Donald Trump in 2016 by more than 14 points. It has not elected any Democrat statewide since 2006.

Ben-Achour: Does more money signal a possible win?

Garsd: Jury’s still out on that one. Political strategists are increasingly taking on the view that focusing on swing voters is too much of a gamble.

Let’s not forget, the previous record was set in 2018, by Texas Democrat Beto O’Rourke. It was impressive then, and unsuccessful. The Harrison campaign, while record-breaking, does not necessarily translate into a victory.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.