Revenue Agenda
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Revenue Agenda
No Result
View All Result
Home Investing

Doug Burgum suspends long-shot presidential campaign

by
December 5, 2023
in Investing
0
Doug Burgum suspends long-shot presidential campaign
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Long-shot Republican presidential candidate and North Dakota Gov. Doug Burgum suspended his campaign Monday, after failing to gain momentum with voters in a crowded primary field.

In a statement, Burgum said: “While this primary process has shaken my trust in many media organizations and political party institutions, it has only strengthened my trust in America.” He also criticized the Republican National Committee’s debate requirements, calling them “arbitrary criteria.”

Burgum’s campaign ends after months of stagnant polling, revealing a lack of interest in the wealthy tech entrepreneur largely unknown outside of the Midwestern state. Burgum, 67, pitched himself as a job creator uniquely qualified to build the economy and bridge connections between small towns and big cities, but that platform never found traction with a Republican base that has favored former president Donald Trump as Burgum mostly avoided attacking the front-runner, who he had supported in 2020.

After he failed to qualify for the third GOP presidential primary debate, Burgum pushed back on calls for him to drop out earlier, arguing that his campaign, propped up by his personal wealth, should continue at least until early states could weigh in.

“I’m proud of my record and vision for improving every American life,” he wrote in the Des Moines Register on Nov. 11. “That’s why I’m continuing with my campaign even though the political insiders are trying to stop me.”

After entering the race in June, Burgum touted his state’s economic growth and his life story of working as a chimney sweep in college to taking out a loan on the farmland he had inherited to develop a software company that was acquired by Microsoft for $1.1 billion. He distinguished himself from “career politicians,” who he argued would not be able to “walk the walk” as he had.

Burgum’s campaign, largely self-funded, is a testament to the ability of multimillionaires to run for office by relying on their own personal wealth. Of the $11.8 million that his campaign raised through the second quarter, about $10.2 million was loaned to the campaign by Burgum, according to financial filings. And his advertising reach matched that of more successful campaigns: He had spent nearly $6 million in ads through the end of the year as of mid-November, more than the campaigns of Florida Gov. Ron DeSantis or entrepreneur Vivek Ramaswamy.

Meanwhile, Burgum averaged about 1 percent nationally or 2 percent in Iowa and New Hampshire, according to RealClearPolitics, indicating that his policy message and lesser-known name had not resonated with voters.

Burgum brushed off questions about his viability as his polling stalled, comparing dropping out to predicting who would win the Super Bowl, then calling off the game. When he didn’t make the third debate, he also claimed that the event’s viewership numbers declined.

“It makes no sense,” he wrote on X, formerly Twitter. “Let the people decide!”

correction

A previous version of this article incorrectly said Doug Burgum loaned his campaign about $10.2 million in the third quarter. He loaned that amount through the second quarter. The article has been corrected.

This post appeared first on The Washington Post
Previous Post

Comer mischaracterizes Hunter Biden car payment reimbursement to his dad

Next Post

Trading and Creating ABC Pattern: A Practical Guide

Next Post
Trading and Creating ABC Pattern: A Practical Guide

Trading and Creating ABC Pattern: A Practical Guide

  • Trending
  • Comments
  • Latest
Top 10 Potash Countries by Production (Updated 2024)

Top 10 Potash Countries by Production (Updated 2024)

August 21, 2024
Top 10 Cobalt Producers by Country (Updated 2024)

Top 10 Cobalt Producers by Country (Updated 2024)

September 19, 2024
Sen. Peter Welch says Israel ground invasion would ‘exacerbate’ conditions in Gaza: ‘Grave concerns’

Sen. Peter Welch says Israel ground invasion would ‘exacerbate’ conditions in Gaza: ‘Grave concerns’

October 24, 2023
Top 10 Phosphate Countries by Production (Updated 2024)

Top 10 Phosphate Countries by Production (Updated 2024)

August 1, 2024
Precious Metals & Critical Minerals Hybrid Investor Conference Agenda Announced for May 22nd

Precious Metals & Critical Minerals Hybrid Investor Conference Agenda Announced for May 22nd

0
New Hampshire Gov. Sununu signs $15.2B ‘miracle’ budget into law

New Hampshire Gov. Sununu signs $15.2B ‘miracle’ budget into law

0

Pennsylvania House clears tax credits for new teachers, nurses, police officers

0
Evers signs bipartisan sales tax bill aimed at sparing Milwaukee from bankruptcy

Evers signs bipartisan sales tax bill aimed at sparing Milwaukee from bankruptcy

0
Precious Metals & Critical Minerals Hybrid Investor Conference Agenda Announced for May 22nd

Precious Metals & Critical Minerals Hybrid Investor Conference Agenda Announced for May 22nd

May 18, 2025
S&P Global: Mining Sector Sees Mixed Q1, Next Calls for Copper, Battery Metals and M&A

S&P Global: Mining Sector Sees Mixed Q1, Next Calls for Copper, Battery Metals and M&A

May 18, 2025
Precious Metals & Critical Minerals Hybrid Investor Conference Agenda Announced for May 22nd

Precious Metals & Critical Minerals Hybrid Investor Conference Agenda Announced for May 22nd

May 17, 2025
Syntheia Signs Non-Binding LOI for Call Center Acquisition

Syntheia Signs Non-Binding LOI for Call Center Acquisition

May 17, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

Error: Contact form not found.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent News

Precious Metals & Critical Minerals Hybrid Investor Conference Agenda Announced for May 22nd

Precious Metals & Critical Minerals Hybrid Investor Conference Agenda Announced for May 22nd

May 18, 2025
S&P Global: Mining Sector Sees Mixed Q1, Next Calls for Copper, Battery Metals and M&A

S&P Global: Mining Sector Sees Mixed Q1, Next Calls for Copper, Battery Metals and M&A

May 18, 2025
Precious Metals & Critical Minerals Hybrid Investor Conference Agenda Announced for May 22nd

Precious Metals & Critical Minerals Hybrid Investor Conference Agenda Announced for May 22nd

May 17, 2025
Syntheia Signs Non-Binding LOI for Call Center Acquisition

Syntheia Signs Non-Binding LOI for Call Center Acquisition

May 17, 2025
  • About us
  • Privacy Policy
  • Terms & Conditions
  • About us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 revenueagenda.com | All Rights Reserved

No Result
View All Result
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy

Copyright © 2025 revenueagenda.com | All Rights Reserved