{"id":571,"date":"2026-06-16T13:33:25","date_gmt":"2026-06-16T13:33:25","guid":{"rendered":"https:\/\/coloradorelocationreport.com\/?p=571"},"modified":"2026-06-16T13:33:25","modified_gmt":"2026-06-16T13:33:25","slug":"michael-bennet-loans-his-campaign-for-governor-1m-as-support-from-michael-bloomberg-surpasses-4-6m","status":"publish","type":"post","link":"https:\/\/coloradorelocationreport.com\/?p=571","title":{"rendered":"Michael Bennet loans his campaign for governor $1M as support from Michael Bloomberg surpasses $4.6M"},"content":{"rendered":"
\n

U.S. Sen. Michael Bennet loaned his gubernatorial campaign nearly $1 million in recent weeks as former New York Mayor Michael Bloomberg\u2019s support of Bennet\u2019s super PAC surpassed $4.6 million \u2014 money being used to fund an avalanche of ads in the final days before the June 30 primary.\u00a0<\/p>\n

Read more Water samples taken in Ca\u00f1on City show some is unsafe to drink<\/a><\/p>\n

Bennet loaned his campaign $950,000 on May 29, money that immediately went toward ads in his race against Attorney General Phil Weiser. The senator\u2019s gubernatorial campaign spent nearly $850,000 during the state\u2019s May 28 and June 10 campaign finance reporting period.<\/p>\n

As a loan, Bennet\u2019s campaign can repay the senator with donations received from supporters. However, personal loans candidates make to their campaign often never get repaid.<\/p>\n

<\/div>\n

Meanwhile, Rocky Mountain Way, the state-level super PAC supporting Bennet\u2019s candidacy, raised about $2.2 million during the reporting period, including $2 million from Bloomberg on May 28. That brings Bloomberg\u2019s donations to Rocky Mountain Way to more than $4.6 million.\u00a0<\/p>\n

The group spent about $2.4 million during the span on TV, radio and digital ads, as well as mailers.\u00a0<\/p>\n

The PAC, which has raised a total of $10.3 million in support of Bennet, still had nearly $3 million in the bank on June 11, cash that it appears to be unloading on more ads to help the senator beat Weiser.\u00a0<\/p>\n

The eye-popping spending in Colorado\u2019s Democratic primary for governor is the latest indication of just how much the race between Bennet and Weiser has tightened. Whichever candidate wins the June 30 primary will likely win the general election in November, too, given Republicans\u2019 nearly decade-long track record of defeat in Colorado.\u00a0<\/p>\n

The Colorado Sun asked Bennet on Saturday, during a debate with Weiser, why he thinks Bloomberg is spending so much to help his campaign.<\/p>\n

\u201cI honestly don\u2019t know,\u201d Bennet said. \u201cYou would need to ask him. I can\u2019t speculate.\u201d<\/p>\n

The Sun reached out to Bloomberg\u2019s representatives weeks ago and never heard back.<\/p>\n

Weiser\u2019s campaign raised about $250,000 during the reporting period and spent nearly $1 million, most of it on ads. The attorney general had just short of $500,000 in the bank on June 11.<\/p>\n

Read more Who\u2019s ready to picnic in downtown Denver\u2019s Civic Center park?<\/a><\/p>\n

Fighting for Colorado, the super PAC supporting Weiser, raised just $18,500 during the reporting period and spent about $280,000, most of it on ads. It ended the reporting period with about $825,000 in cash on hand.<\/p>\n

The GOP side<\/h2>\n

The three Republicans running for governor continue to lag far behind in fundraising.\u00a0<\/p>\n

Victor Marx, a former Marine and ministry leader, raised about $170,000 during the reporting period and spent nearly $350,000, most of which went to a consultant for \u201cfundraising expenses.\u201d Marx\u2019s campaign had about $200,000 in the bank on June 11.<\/p>\n

Marx\u2019s campaign paid one of his daughters, Brie, $5,000 for consulting during the reporting period, bringing the total she\u2019s earned from the campaign since March to $20,000.<\/p>\n

Brie, who has a background in sales, was brought on to professionalize the campaign\u2019s merchandise operations, said Roger Hudson, a spokesman for Marx\u2019s campaign, and helped drive \u201ca meaningful increase in donor engagement through that effort. The results speak for themselves.\u201d<\/p>\n

Marx\u2019s campaign also paid his son Shiloh $5,000 in April to do voter roll integrity work after spending the past two years challenging outdated or inaccurate voter registrations in California as part of a group he founded called Integrity First Alliance.\u00a0<\/p>\n

State Sen. Barbara Kirkmeyer raised about $45,000 during the reporting period and spent about $65,000, leaving her with just shy of $75,000 on June 11. Much of her spending went toward ad production and dissemination.\u00a0<\/p>\n

State Rep. Scott Bottoms raised $16,500 during the span and spent about $13,000, leaving his campaign with less than $14,000 on June 11.\u00a0<\/p>\n

Freedom IEC, the state super PAC supporting Marx, spent $80,000 on June 9 on TV ads.<\/p>\n

Read more Children\u2019s Hospital doctors refuse to provide gender-affirming care to trans youth, fearing criminal charges<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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