Industry News

NAR’s Political Action Committee raises more than $5 million

Overall real estate industry money favors Clinton, Romney
Published on Jan 15, 2008

Real estate money favors Hillary Clinton in the 2008 presidential race, according to statistics posted at opensecrets.org, a Web site operated by The Center for Responsive Politics, a Washington, D.C.-based nonpartisan, nonprofit research group. Real estate industry contributors gave $3.94 million to the presidential campaign of U.S. Sen. Hillary Clinton, D-N.Y., according to data released on Oct. 29 by the U.S. Federal Election Commission. Republican presidential candidate Mitt Romney was second with $3.3 million in real estate industry contributions, followed by Republican candidate Rudolph W. Giuliani with $2.9 million, Democratic contender Barack Obama with $2.3 million and Republican candidate John McCain with $1.7 million. The National Association of Realtors Political Action Committee had total receipts of $5.5 million in the 2007-08 election cycle through Dec. 31, according to FEC reports, with $3.9 million in individual contributions, $2.1 million in total disbursem...

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