The campaign filings come in the midst of an attack from Democrats over Romney’s ties to Bain Capital and reports that it invested in companies that specialized in helping other firms move jobs overseas.
The former Massachusetts governor has cited his experience in the business world, and as the founder and head of Bain Capital in particular, as evidence he would be a better steward of the economy than Obama has been.
Romney recently pulled ahead in the money race, largely because of support from the financial industry. Romney has pledged to extend low tax rates for the rich and repeal the Dodd-Frank financial regulation bill.
Disclosure documents released Sunday night show that Romney’s campaign raised $140 million during the second quarter for Romney Victory, a joint effort with the Republican Party that began in April in April and can accept contributions up to $75,800 from an individual.
Restore Our Future, the super PAC founded by former Romney aides to back his candidacy, raised $20 million in June, an official with the group said. The super PAC has no limitations on the size of donations and its latest haul includes $10 million from one person, casino magnate Sheldon Adelson.
Funding for both groups has been heavily dependent on high-income donors who can cut large checks, a contrast to the Obama campaign’s reliance on large numbers of small donors. About $67 million, nearly half of the funds raised by Romney Victory, have come from donors giving $40,000 or more at a time.
“People who support Mitt Romney do so because they support his pro-growth, pro-jobs agenda for the country,” said Romney spokeswoman Andrea Saul. Officials at Bain Capital did not respond to a request for comment.
Employees of Wall Street titan Goldman Sachs Group gave $902,000 to Romney Victory between April and June, bringing his total from the company to $1.4 million. Donations to the Romney super PAC bring the total to $2.2 million.
The figure from Elliott Management Corporation employees was $895,000. The founder of that hedge fund firm, Paul Singer, is a top fundraiser for Romney and gave $1 million to the candidate’s super PAC. And employees of Blackstone Group, a large private equity company headed by Romney fundraiser Stephen Schwarzman, have given $647,000.
David Beightol, a Romney fundraiser and lobbyist at Dutko Grayling in Washington, said many business and finance leaders support Romney because they oppose Obama’s economic policies and bristle at the president’s “class warfare” attacks.
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