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  • The Providence Journal

    RI's next governor's race looks like 2022 again: Here's who is raising money

    By Patrick Anderson, Providence Journal,

    15 days ago

    Rhode Islanders vote for governor again in a little over two years, but Helena Foulkes is raising money like she wants a rematch with Gov. Dan McKee .

    Foulkes, a former CVS executive, raised $203,000 in the first quarter of the year .

    That's over $80,000 more than McKee , who raised $123,000 over the same period, according to campaign filings with the state Board of Elections.

    McKee narrowly defeated Foulkes in the 2022 Democratic primary.

    The only Rhode Island politician who raised more in the first three months of the year was House Speaker and prolific fundraiser K. Joseph Shekarchi, who raised $243,000. Shekarchi's haul during the traditional winter General Assembly fundraising season boosted his campaign war chest to a robust $2.5 million.

    Senate President Dominick Ruggerio raised $149,500.

    https://img.particlenews.com/image.php?url=1KrNjf_0skKQmJ900

    Go deeper: McKee vs. Foulkes fundraising

    Foulkes began April with $298,000 in the bank, compared with $251,000 for McKee.

    McKee took $25,000 out of his cash balance to repay himself part of the money he loaned his campaign in 2022.

    Foulkes, on the other hand, has not paid herself back any of the $1.84 million she put into her 2022 campaign .

    Foulkes spent $26,000 in the first quarter, around $15,000 of it going to CFO Compliance and CFO Consulting Group, the political consultancy founded by now Providence Mayor Brett Smiley. (Smiley took an indefinite leave of absence from the firm when he started working in government in 2015 and now says he has cut all ties.)

    Neither McKee nor Foulkes has said publicly whether they intend to run again.

    Attorney General Peter Neronha, who was previously exploring a run for governor , looks increasingly unlikely to do so.

    Neronha, who is term-limited, raised $8,000 in the first quarter .

    Notable first-quarter fundraising totals:

    Dan McKee Raised: $123,000 Spent : $76,000, including $25,000 to repay money he loaned his campaign Cash on hand: $251,200

    Helena Foulkes Raised : $203,700 Spent: $26,000 Cash on hand: $298,000

    Peter Neronha Raised: $8,000 Spent: $15,400 Cash on hand: $70,000

    K. Joseph Shekarchi Raised: $243,000 Spent: $73,300 Cash on hand: $2.5 million

    Dominick Ruggerio Raised: $149,500 Spent: $81,200 Cash on hand: $166,400

    Brett Smiley Raised: $99,000 Spent: $24,300 Cash on hand: $413,300

    Cranston mayoral race

    Ken Hopkins Raised: $38,000 Spent: $9,600 Cash on hand: $213,300

    Barbara Ann Fenton-Fung Raised: $50,100 Spent: $6,000 Cash on hand: $155,200

    Robert Ferri Raised: $59,000, including a $10,000 personal loan to his campaign Spent: $11,800 Cash on hand: $94,400

    This article originally appeared on The Providence Journal: RI's next governor's race looks like 2022 again: Here's who is raising money

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