Politics

Romney focused on outraising — by far — Republican presidential competitors

Associated Press Contributor

Tim Pawlenty is heading back to Iowa this week. Newt Gingrich will deliver his first formal speech as a presidential candidate. Ron Paul was among the GOP hopefuls gathered in South Carolina for the first debate of the campaign, while others are testing the waters and weighing whether to run.

In the meantime, Mitt Romney has been quietly, steadily focused primarily on one thing: raising money.

The presumed Republican front-runner, who took a pass on the first party debate last Thursday, has spent his early weeks as an exploratory candidate soliciting pledges in hopes of amassing a war chest that would put him far ahead of his competitors, according to donors, advisers and others close to Romney’s team.

And much of that effort has been targeted at wealthy banking and corporate executives on Wall Street.

Full story: Romney focused on outraising — by far — Republican presidential competitors – The Washington Post