Bill Daley has put $500,000 into his campaign fund, the first big cash commitment he’s made to his young campaign for Chicago mayor, records show.
The cash infusion quickly puts his campaign finances toward the top of the more than dozen contenders in the race to succeed outgoing Mayor Rahm Emanuel.
Daley spokesman Peter Cunningham said the self-funding “means Bill’s in it to win it.”
Asked whether the big contribution will assuage donors and voters who are skeptical about Daley’s commitment to the race, due to his past flirtations with campaigning for governor, Cunningham said, “I hope it does.”
When Daley ran for governor five years ago, he quickly raised $1 million before abandoning that Democratic primary bid. This time, the former U.S. commerce secretary and White House chief of staff became the first candidate to formally enter the race after Emanuel’s departure.
As the son of former Mayor Richard J. Daley and the brother of former Mayor Richard M. Daley, Bill Daley’s entry brought a big name in Chicago politics into the race. But, he also faces possible political associations with some of his kin’s least-popular legacies, such as his father’s old-school machine politics and his brother’s much-loathed deal to privatize the city’s parking meters.
Daley also may face criticism for his strong ties in the financial sector, from New York’s Wall Street to Chicago’s LaSalle Street. His political party is moving to the left nationally, with many centrist establishment Democrats like him struggling to gain a foothold with an increasingly more liberal electorate.
Other candidates seeking to become Chicago’s 45th mayor, include former Chicago Police Board President Lori Lightfoot, former Chicago Public Schools CEO Paul VallasVallas, former Chicago police Superintendent Garry McCarthy, businessman Willie Wilson and Cook County Circuit Court Clerk Dorothy Brown.
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September 26, 2018 at 05:54PM