Ken Martin, the chairman of the Democratic Nationwide Committee (DNC), made Democrat officers signal non-disclosure agreements earlier than they might view the social gathering’s monetary information at a latest assembly, in line with a brand new report from Axios.
It has been extensively reported for months that the DNC is struggling to lift cash. Donors are usually not precisely lining as much as hand over their money to the social gathering that blew via two billion {dollars} in a matter of weeks in 2024, solely to come back up empty handed in the long run. Additionally, now that USAID is successfully over, there are not any extra {dollars} flowing from that supply.
Nonetheless, why would Martin make social gathering leaders signal NDAs to easily view the household verify ebook? This raises all types of pink flags.
From Axios:
Scoop: DNC officers requested to signal NDAs amid monetary woes
The Democratic Nationwide Committee requested its management staff to signal non-disclosure agreements earlier than a latest assembly concerning the social gathering’s funds, two folks accustomed to the conversations advised Axios.
Why it issues: The transfer — a break from previous observe for such officers — underscored DNC chair Ken Martin’s sensitivity concerning the social gathering’s cash woes and the persistent criticism about his management.
Driving the information: The DNC made the request forward of a personal assembly of senior officers late final month, the sources stated.
Martin has confronted a disaster of confidence amongst some Democratic donors, operatives and even DNC members over his administration of the social gathering, particularly given the Republican Nationwide Committee’s monumental fundraising benefit with the Nov. 3 midterms in sight.
The DNC has practically $15 million available however is $18 million in debt, in line with its newest marketing campaign finance filings via the tip of Could.
The RNC has $125 million available and no debt.Martin has been privately and publicly defensive concerning the social gathering’s funds for months, in line with folks near him.
The DNC is cooked. https://t.co/Q8N7g9sdBC
— Steve Visitor (@SteveGuest) July 16, 2026
Some particular person Democrat candidates have completed properly fundraising for their very own campaigns, however the DNC has a major problem.
Maybe they need to have been extra clear and forthcoming with that 2024 election post-mortem report.
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