On Politics
5:25 pm
Mon February 3, 2014

Bill Clinton Expected to Headline March 11 NYC Fundraiser For Seth Magaziner

Former President Bill Clinton is expected to headline a March 11 fundraiser for treasurer candidate Seth Magaziner in New York City, according to Magaziner's campaign manager.

Magaziner's campaign manager, Evan England, says the venue for the fundraiser has yet to be finalized.

Magaziner's father, Ira, was a senior adviser in the Clinton White House and he now serves as chief executive officer and vice chairman of the Clinton Health Access Initiative. Ira Magaziner also wrote the Greenhouse Compact, a 1984 plan -- rejected by voters -- to revive Rhode Island's economy.

Former RI Congressman Patrick Kennedy recently announced his support for Seth Magaziner and sent an email last week after for contributions to Magaziner's campaign. "It's entirely possible" that Kennedy will join Clinton in headlining a fundraiser for Magaziner, England says.

The Clinton and Kennedy names remain the equivalent of political gold in Rhode Island. Hillary Clinton, considered a likely presidential candidate in 2016, handily defeated Barack Obama here in 2008.

The size of Magaziner's war chest has lagged a bit behind that of his two Democratic rivals, former treasurer Frank Caprio (whose campaign has touted recent endorsements from the mayors of Johnston and North Providence), and former state auditor general Ernest Almonte. Magaziner been gaining since forming a campaign -- starting with a balance of 0 -- in time to report for Q3. (A Republican candidate for treasurer has yet to emerge.)

At the end of Q4, Almonte had about $217,000, Caprio about $193,000, and Magaziner $150,000. Magaziner's campaign account stands to gain significantly if he can continue to tap big-name supporters.

This post has been updated.

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