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Small Business Funding

Campaign Cash Flow in New Mexico’s Senate Race [Video]

Target 7 has been following the money trail in the Senate campaigns of Martin Heinrich and Nella Domenici. The team sorted through thousands of contributions, digging into the financials to uncover the story behind the dollars. KOAT political expert Brian Sanderoff says this year’s race is shaping up to be more competitive than the contest between Heinrich and his Republican opponent Mick Rich.Stay up-to-date: The latest headlines from KOAT Action 7 NewsSix years ago, the combined fundraising efforts of the Democratic and Republican Senate campaigns brought in around $9 million. Fast forward to this year, and the candidates have already raked in over $11 million with three months still left before the election.”Six years ago, when Heinrich ran, there was a Democratic wave. Democrats were winning all races by really big margins, so the race wasn’t competitive at all,” Sanderoff explains.In 2018, Rich raised less than $1 million. This year, Nella Domenici has already secured $3.6 million according to the FEC, while Heinrich has raised $10 milliona nearly three-to-one ratio.Despite the large fundraising gap, Sanderoff said, “This time, it’s still being considered a safe Democratic seat. But the race is still within a single-digit margin.”Follow us on social: Facebook | X/Twitter | Instagram | YouTubeNearly 72% of the contributions to these campaigns are coming from out-of-state. A significant portion of Heinrich’s funding comes from Massachusetts, where the online fundraising platform ActBlue is headquartered. Washington, D.C. is another large contributor.Meanwhile, 66% of Domenici’s funds originate from New Mexico, but much of that includes money she’s contributed to her own campaign.”She kickstarted the race by contributing $1.5 million of personal funds, Sanderoff said. Hoping that would make the race more competitive and attract contributions from political action committees.”He adds that Domenici’s lower out-of-state contributions might be due to Washington power players still being unconvinced about the competitiveness of the race. “Many political action committees in Washington are still on the sidelines. If she were to secure more money from these groups, her funding mix would change,” said Sanderoff.Domenici has pulled $81,000 in contributions from individuals connected to the oil industry, including Chevron employees. On the other hand, Heinrich has garnered nearly $200,000 from the clean energy sector, although he too has some oil money in his corner. Executives from the MMR Group, a company with oil rigs in the Gulf of Mexico, have donated $31,000 to his campaign. “It’s not unusual; they like to cover their bets or at least ensure they can speak to a U.S. senator or their staff after the election,” explained Sanderoff.As a two-term senator, Heinrichs established political influence makes him an attractive recipient for many contributors. “He serves on lots of committees, and many political action committees are pleased to contribute to his campaign. Nella Domenici is a challenger and not as well known in New Mexico,” Sanderoff said.Action 7 News On The Go: Download our app for freeSanderoff emphasizes the importance of every Senate race, noting that the balance of power in Washington can hinge on just one vote. While Heinrich currently has more cash on hand and is favored in the race according to the Cook Political Report, there’s still three months to go until Election Day.

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Small Business Funding

Domestic violence organizations face budget cuts [Video]

INVESTIGATION. WELL, BUDGET CUTS FOR VICTIM ADVOCACY GROUPS CONTINUE WITH A LOCAL ORGANIZATION HERE IN THE UPSTATE ON THE VERGE OF LOSING MORE THAN $100,000. WERE HEARING FROM THE CEO OF SAFE HARBOR ON THESE MASSIVE CUTS. OUR TEAM JOINS US LIVE IN GREENVILLE COUNTY WITH MORE ON HOW THEYRE AFFECTED. TANIQUA. GOOD AFTERNOON, SYDNEE AND MARK. THE NUMBERS FOR DOMESTIC ABUSE HERE IN GREENVILLE COUNTY ARE FRIGHTENING, AND WHETHER OR NOT WE KNOW IT, ALMOST EVERYONE KNOWS SOMEONE WHOS BEEN AFFECTED. GREENVILLE COUNTY EXPERIENCES THE HIGHEST NUMBER OF DOMESTIC ABUSE IN THE STATE, ACCORDING TO DATA GATHERED BY SAFE HARBOR AND CEO DANNY BARRETT SAYS THE NUMBER OF CASES CONTINUE TO GROW. WHAT WE KNOW IS THAT NOT ALL INCIDENTS GET REPORTED AND NOT ALL INCIDENTS MAKE THEIR WAY TO US SO THAT WE CAN SERVE SURVIVORS. SAFE HARBOR SERVES AS A SAFE SPACE FOR VICTIMS OF DOMESTIC ABUSE. THEY OFFER PROGRAMS AND SERVICES TO EMPOWER INDIVIDUALS AND THEIR FAMILIES. BUT WITH ONGOING BUDGET CUTS, THEYVE HAD TO ELIMINATE KEY POSITIONS LIKE A SHELTER ADVOCATE, A CLIENT SUPPORT SPECIALIST, STAFF ATTORNEY AND CHILD THERAPIST. IF THE FEDERAL FUNDING CUTS CONTINUE, WE WONT BE ABLE TO DO THOSE KINDS OF THINGS THAT WE USED TO DO AND WANT TO DO AGAIN, THAT WOULD PROVIDE TRULY VALUABLE SERVICE TO OUR CLIENTS, ADULTS, CHILDREN, FAMILIES ON A FEDERAL LEVEL, THE VICTIMS OF CRIME ACTS, CRIME VICTIMS FUND IS FACING A $700 MILLION BUDGET CUT IN FEDERAL FISCAL YEAR 2024. FOR SAFE HARBOR, THATS A $170,000 CUT TO THEIR ANNUAL BUDGET. ONE OF OUR GREATEST FEARS IS THAT THE BUILDING EXPANSION THAT WE ARE UNDERTAKING WILL NOT BE ABLE TO MEET THE NEEDS OF EVERYBODY WED LIKE TO SERVE. AND SAFE HARBOR DOES EVERYTHING THEY CAN TO PROTECT THE PRIVACY OF THOSE WHO USE THEIR SERVICES. BUT THE TESTIMONIES FROM DIFFERENT PEOPLE SAY THINGS LIKE, QUOTE, WITH THE HELP OF SAFE HARBOR, I WAS FINALLY FREE FROM MY ABUSER. I AM SO GRATEFUL THAT SAFE HARBOR GAVE ME THE RESOURCES I NEEDED TO ESCAPE, AND SAFE HARBOR PROVIDED RELIEF DURING A TIME WHEN I FELT THE WORLD ON MY BACK. HOW HAVE LEADERS AT SAFE HARBOR SAID THEY WILL HANDLE THESE BUDGET CUTS? WELL, SYDNEY, RIGHT NOW, SAFE HARBOR IS RELYING HEAVILY ON THEIR PARTNERSHIPS AND DONATIONS FROM THE COMMUNITY. SO RIGHT NOW THEYRE JUST ASKING PEOPLE WHO CAN DONATE. PLEASE CONTINUE TO DO SO SO THEY CAN CONTINUE TO OFFER THESE MUCH NEEDED SERVICES. REPORTING LI

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Small Business Funding

Ex-Rep. George Santos pleads guilty to wire fraud, identity theft [Video]

Former U.S. Rep. George Santos pleaded guilty Monday to wire fraud and aggravated identity theft, short-circuiting the federal fraud case that led to his expulsion from Congress just weeks before it was set to go to trial.I betrayed the trust of my constituents and supporters. I deeply regret my conduct, the New York Republican said as he entered the plea in a Long Island courtroom.Santos, 36, said he accepted responsibility and intends to make amends. He faces more than six years in prison under federal sentencing guidelines and owes at least $370,000 in restitution.Senior Federal Judge Joanna Seybert scheduled Santos’ sentencing for Feb. 7.Santos was indicted on felony charges that he stole from political donors, used campaign contributions to pay for personal expenses, lied to Congress about his wealth and collected unemployment benefits while actually working.Santos was expelled from the U.S. House after an ethics investigation found overwhelming evidence that he had broken the law and exploited his public position for his own profit.The case has been set to go to trial in early September. If that had happened, federal prosecutors said Monday that they were prepared to call some 40 witnesses, including members of Santos’ campaign, employers and family members.Santos was once touted as a rising political star after he flipped the suburban district that covers the affluent North Shore of Long Island and a slice of the New York City borough of Queens in 2022.But his life story began unraveling before he was even sworn into office. At the time, reports emerged that he had lied about having a career at top Wall Street firms and a college degree along with other questions of his biography.New questions then emerged about his campaign funds.He was first indicted on federal charges in May 2023, but refused to resign from office.Santos has previously maintained his innocence, though he said in an interview in December that a plea deal with prosecutors was not off the table.Asked if he was afraid of going to prison, he told CBS 2 at the time: I think everybody should be afraid of going to jail, its not a pretty place and uh, I definitely want to work very hard to avoid that as best as possible.Separately Monday, in Manhattan federal court, Judge Denise Cote tossed out a lawsuit in which Santos claimed that late-night host Jimmy Kimmel, ABC and Disney committed copyright infringement and unjustly enriched themselves at his expense by using videos he made on the Cameo app for a Jimmy Kimmel Live segment. The judge said it was clear that Kimmel used the clips, which were also posted to YouTube, for the purposes of criticism and commentary, which is fair use.Santos had begun selling personalized videos on Cameo in December shortly after his ouster from Congress. He subsequently launched, then quickly abandoned, a longshot bid to return to Congress as an independent earlier this year.In a radio interview that aired Sunday, Santos said he has taken comfort in being a somewhat private civilian again.I really dont miss the rubber chicken dinners and the rah-rah-rah parties and fundraisers,” he said of his former life.With his criminal trial looming, he said in the WABC interview that he was terrified.This is not absolutely an easy process to go through. It really hurts and it really messes with your psychological health, he told host Cindy Adams. As the trial date neared in recent weeks, Santos had sought to have a partially anonymous jury, with his lawyers arguing in court papers that “the mere risk of public ridicule could influence the individual jurors ability to decide Santos case solely on the facts and law as presented in Court.He also wanted potential jurors to fill out a written questionnaire gauging their opinions of him. His lawyers argued the survey was needed because for all intents and purposes, Santos has already been found guilty in the court of public opinion.Judge Joanna Seybert agreed to keep jurors identities public but said no to the questionnaire.Prosecutors, meanwhile, had been seeking to admit as evidence some of the financial falsehoods Santos told during his campaign, including that hed worked at Citigroup and Goldman Sachs and that he had operated a family-run firm with approximately $80 million in assets,Two Santos campaign aides previously pleaded guilty to crimes related to the former congressmans campaign.His ex-treasurer, Nancy Marks, pleaded guilty in October to a fraud conspiracy charge, implicating Santos in an alleged scheme to embellish his campaign finance reports with a fake loan and fake donors. A lawyer for Marks said at the time his client would be willing to testify against Santos if asked.Sam Miele, a former fundraiser for Santos, pleaded guilty a month later to a federal wire fraud charge, admitting he impersonated a high-ranking congressional aide while raising money for Santos campaign.