What Happens to Your Campaign Contributions When a Presidential Candidate Drops Out?
On Wednesday, Washington Governor Jay Inslee officially dropped out of the presidential race, just days after John Hickenlooper also called it quits (and announced his Senate bid). As of June, both former candidates raised nearly $8.5 million in campaign contributions from individual donors and PACs.
Before September’s third round of debates in Houston, we’ll likely see at least a handful of other candidates also drop out, representing millions in campaign donations. But what exactly happens with your campaign contributions when a presidential candidate drops out of the race? Can they...