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The Hillary Victory Fund still had $42 million in the bank at the end of June, and it seems likely that more money will be moved to the state parties in the coming months.
Leaked emails show the Democratic National Committee scrambled this spring to conceal the details of a joint fundraising arrangement with Hillary Clinton that funneled money through state Democratic parties.
But during the three-month period when the DNC was working to spin the situation, state parties kept less than one half of one percent of the $82 million raised through the arrangement — validating concerns raised by
campaign finance watchdogs, state party allies and
Bernie Sanders supporters.
The arrangement, called the Hillary Victory Fund, allowed the Clinton campaign to seek contributions of hundreds of thousands of dollars to attend extravagant fundraisers including a
dinner at George Clooney's house and a
concert at Radio City Music Hall featuring Katy Perry and Elton John. That's resulted in criticism for Clinton, who has made opposition to big money in politics a
key plank in her campaign platform.
Clinton's allies have responded publicly by arguing that the fund is raising big money to boost down-ballot Democratic candidates by helping the
40 state parties that are now participating in the fund.
But privately, officials at the DNC and on Clinton's campaign worked to parry questions raised by reporters, as well as Sanders' since-aborted campaign, about the distribution of the money, according to a
cache of hacked emails made public late last week by WikiLeaks.
Comment: See also: John Pilger: Why Clinton is certainly more dangerous than Trump