Feb 20, 2020 - Politics & Policy

Warren targets billionaire Sheldon Adelson with ad buy in his newspaper

Photo by Ethan Miller/Getty Images; Shahar Azran/Getty Images

Sen. Elizabeth Warren purchased a full-page ad in Thursday's edition of the Las Vegas Review-Journal to tell the paper's billionaire owner, GOP mega-donor Sheldon Adelson, how much he would pay under her proposed wealth tax, per The Nevada Independent's Jon Ralston.

Why it matters: The ad appeared in the paper the day after Warren challenged another billionaire — former New York City Mayor Mike Bloomberg — on the debate stage. The ad buy also comes days before the Nevada caucuses.

What she's saying: If Adelson paid 6% of his net worth under Warren's wealth tax, the ad claims, student debt for hundreds of thousands of Nevadans would be cleared, still leaving leftover dollars for increased funding for child care, free tuition at Nevada public universities, community colleges and trade schools.

Of note: Adelson, whose family backed Trump and other Republican candidates with more than $82 million in 2016, plans to spend at least another $100 million on the president's reelection efforts in 2020, per the Guardian.

Go deeper: Elizabeth Warren on the issues, in under 500 words

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Elizabeth Warren suspends presidential campaign

Photo: Elijah Nouvelage/Getty Images

Elizabeth Warren is suspending her campaign after a poor performance on Super Tuesday, as first reported by the New York Times and confirmed by multiple other media outlets.

The state of play: Once thought of as a front-runner, Warren failed to win a single state during the biggest day on the Democratic primary calendar, even coming in third in her home state of Massachusetts behind Joe Biden and Bernie Sanders.

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Warren campaign says it raised $14 million since New Hampshire

Elizabeth Warren rallies in Las Vegas, Nevada on Feb. 21. Photo: David Becker/Getty Images

Sen. Elizabeth Warren's campaign said on Saturday it raised $14 million in the 10 days after the New Hampshire Democratic primary.

The big picture: Warren "entered February with among the least money in the bank, only $2.3 million, of any candidate" the New York Times reported two days ago.

Warren refuses to disavow new super PAC

Sen. Elizabeth Warren. Photo: Ethan Miller/Getty Images

Sen. Elizabeth Warren is relaxing her stance against super PACs after a group of progressive women formed Persist PAC to air pro-Warren ads ahead of Saturday's Nevada caucuses.

What they're saying: Warren on Thursday said of her new PAC's support: "If all the candidates want to get rid of super PACs, count me in. I'll lead the charge. But that's how it has to be. It can't be the case that a bunch of people keep them and only one or two don’t."