Erik Paulsen’s donors are generous. Over the course of his career as a Representative, he’s taken over $17 million, most of it from the medical, energy, and financial industries.
The financial industry — including the insurance, banking, and financial services sectors — is especially generous with Paulsen. Over the last decade, the industry has donated more than $1.7 million to his campaign committee and PAC.
TCF Financial, a bank holding company, is another major donor. During the 2009-2010 election cycle, they funded his campaign to the tune of nearly $25,000.
The medical industry is also a big Paulsen supporter. Since taking office, Paulsen has received almost $1.8 million from health professionals, pharmaceutical companies, and other companies making health products.
In last year’s election, Medtronic, a medical device company headquartered in Dublin and operating out of Minnesota, was the second-largest donor to Paulsen’s campaign committee. One of the top donors in Pauslen’s 2014 election effort was the Center for Diagnostic Imaging, a medical imaging chain. And in the 2012 election, the American College of Radiology kicked in $10,000 to Paulsen’s PAC.
Around 2014, the fossil fuel industry began to make up a larger portion of Paulsen’s donor base. Koch Industries, for instance, was the third-highest donor to Paulsen’s leadership PAC during the 2014 election, chipping in $10,000.
The trend continued into the most recent election, when the largest overall donor to Paulsen’s campaign was Xcel Energy, a utility holding company that operates natural gas and coal-powered plants in eight states, including Minnesota.
Combing through the data, one thing is clear: Paulsen is no Bernie Sanders. Most of his donations are from large companies, banks, and other moneyed interests. In the 2011-2012 election cycle, Paulsen received just 6 percent of his campaign donations from small individual contributions. In the 2013-2014 cycle, the number was 5 percent; and in last year’s election, it was down to 4 percent.
And in return for these donations, what does Paulsen offer? In the case of the energy industry, at least, we already know. He’s deeply in the pocket of energy companies and working hard to totally devastate our natural resources. It’s not hard to imagine that he’s doing all he can to serve his other corporate overlords.
Featured image via YouTube.