A report filed this week with the Federal Election Commission shows Honda, D-San Jose, raised about $368,000 in the year’s second quarter while spending about $213,000, leaving him with about $360,000 cash on hand as of June 30 – or, less about $34,600 in debt, about $325,000 cash on hand.
But that’s somewhat better than the $265,000 cash on hand that his campaign estimated when I asked them earlier this month. Compared to the $1 million that Democratic challenger Ro Khanna had in the bank as of June 30, it’s a three-to-one margin rather than the four-to-one margin it had seemed.
Honda’s campaign told me a key member of its finance team was in labor at the time that I sought the figures earlier this month, so their estimates were a bit off. (Here’s hoping everything went well…)
Khanna’s report shows he still has much of the Silicon Valley elite on his side, with contribution from prominent venture capitalists like John Doerr, Bill Draper and Steve Krausz as well as executives like Integrated Archive Systems’ Amy Rao, Nexenta’s Tarkan Maner and a smattering of names from Salesforce and Google.
But Honda’s contributions include money from the corporate PACs of Intel, Oracle, Applied Materials, Yahoo!, Hewlett-Packard, Cisco Systems and Microsoft, so it’s not as if he’s being shunned by the tech world.
Honda remains the pick of the Democratic establishment. He had contributions this past quarter from the campaign committees or PACs of House Minority Leader Nancy Pelosi, D-San Francisco, and Democratic Whip Steny Hoyer, D-Md., as well as Reps. Jackie Speier, D-San Mateo; Zoe Lofgren, D-San Jose; Judy Chu, D-Monterey Park; John Larson, D-Conn.; Joaquin Castro, D-Texas; and Joe Crowley, D-N.Y.
In other CA17 news, San Jose Inside’s Josh Koehn reported this week that the Office of Congressional Ethics has been investigating the complaint Khanna supporters made last fall about allegedly improper coordination between Honda’s campaign and his official staff.
Koehn’s story links to a transcript of OCE’s interview with Ruchit Agrawal, a former Honda staffer and whistleblower. Agrawal was arrested in December 2013 after allegedly threatening violence against Honda staffers, but he was never charged and he has denied making any such threats.
Honda’s chief of staff apologized in October for her “oversight” in coordinating with Honda’s campaign, though she insisted she didn’t use official resources or time to do so. It’s not surprising that OCE is following up on the complaint, and it’ll be interesting to see what the office’s conclusion turns out to be.