Elizabeth Warren raises $3.15 million for her first Senate race

at 03:15 PM ET, 10/10/2011

In just a few weeks, Harvard Law Professor Elizabeth Warren has raised $3.15 million for her Senate campaign — another sign that the Massachusetts race will be one of the most hotly-contested of 2012.
Elizabeth Warren comes out strong in the fundraising race. (Harry Hamburg - ASSOCIATED PRESS)

Warren is hoping to face Sen. Scott Brown (R) next fall, who won his seat in a special election in early 2009. A recent Western New England University poll finds her five points behind the senator in a head-to-head matchup, despite being far less well-known.

It’s unlikely that Warren will face a tough Democratic primary. While CityYear founder Alan Khazei is still in the running, other contenders have been dropping like flies. Khazei raised $365,000 in the third quarter and has $750,000 on hand.

Assuming she wins the primary, Warren will face a well-funded opponent. Brown raised $1.55 million in the third quarter, far less than Warren, but he has $10.5 million on hand.

“Scott Brown had another strong fundraising quarter and he will have the resources he needs to get out his strong pro-jobs message and run against whomever emerges as the Democratic nominee,” said John Cook, Senator Brown’s finance director, in a statement.

According to an email to supporters from Warren’s campaign, 96 percent of contributions were of $100 or less, with 11,000 donors coming from in-state.

Warren launched her exploratory committee on Aug. 30 and the third quarter ended on Sept. 30, meaning she raised all of this money in a single month. Campaign sources say that the vast majority of the funds came in the last two weeks, after her official campaign announcement.

Until the full report is out, we won’t have more details. But regardless of how she got there, Warren has proved herself a formidable fundraiser in a very short amount of time.

The liberal Progressive Change Campaign Committee raised $400,000 for Warren.

Warren helped create the White House Consumer Financial Protection Bureau; she stepped down from the agency in July.

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