Breaking News Bar
updated: 1/30/2018 2:10 PM

Cubs co-owner Todd Ricketts could succeed Wynn as RNC fundraiser

hello
Success - Article sent! close
  • Chicago Cubs Chairman Todd Ricketts, right, shown here at a White House ceremony with his brother Tom Ricketts and former President Barack Obama, is high on a short list of candidates to replace Steve Wynn as the Republican Party's top fundraiser.

    Chicago Cubs Chairman Todd Ricketts, right, shown here at a White House ceremony with his brother Tom Ricketts and former President Barack Obama, is high on a short list of candidates to replace Steve Wynn as the Republican Party's top fundraiser.
    Associated Press

 
By Bill Allison and Jennifer Jacobs
Bloomberg

The Republican National Committee is considering Chicago Cubs co-owner Todd Ricketts to succeed Steve Wynn as the party's top fundraiser, according to four people with knowledge of the party's deliberations.

Ricketts is high on a short list of candidates to replace Wynn, said two of the people, all of whom asked not to be named because they weren't authorized to speak on behalf of the party. The casino magnate resigned Saturday after reports that he had engaged in multiple instances of sexual harassment.

Ricketts, President Donald Trump's first pick to be deputy Commerce secretary, withdrew his nomination in April, saying he couldn't unwind his financial holdings to the satisfaction of the Office of Government Ethics. He was also a finalist last year to lead the Heritage Foundation, the conservative Washington think tank.

Lauren Rakolta, a Michigan fundraiser and niece of RNC Chairwoman Ronna Romney, is also under consideration for the finance chair role, said two of the people familiar with the RNC's thinking. She might become co-chair with Ricketts, according to one of those people. Rakolta served as state finance director for Mitt Romney's 2012 presidential campaign when her father, John Rakolta, was a national finance co-chairman.

Rakolta, who donated to Marco Rubio's presidential campaign in 2015, is president and chief executive officer of DFM Solutions, a Detroit-based facilities management organization. The company has 400 employees and manages more than 30 million square feet of industrial manufacturing, research and development and commercial space, according to its website. Overall, Rakolta has given $57,300 in contributions to federal candidates and committees since 2002.

Louis DeJoy, now national deputy finance chairman, is also under consideration, according to two of the people. Trump privately expressed support for DeJoy, the former chairman and chief executive officer of New Breed Inc., according to an earlier report by CNN.

Under Wynn, the RNC set a fundraising record in 2017 for a non-election year. It ended November with $33.5 million more in the bank than its Democratic counterpart, thanks in part to the big donors Wynn attracted. The duties for the job include building a national network of fundraisers and courting top donors, who increasingly have more options amid the rise of outside groups that can raise and spend unlimited sums.

Before Wynn, the RNC post was held by New York financier Lew Eisenberg, a longtime Republican money-raiser and a former chairman of the Port Authority of New York and New Jersey.

Article Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.