Follow the money: Silicon Valley’s 2024 general election

2024-07-15
Follow the money: Silicon Valley’s 2024 general election

Silicon Valley's High-Stakes Political Showdown: Millions Raised, Recount Drama, and the Battle for Congressional Dominance

The San Francisco Bay Area's political landscape is ablaze with high-stakes races, as candidates across national, state, and local stages vie for the chance to represent the heart of Silicon Valley. From the contentious Congressional District 16 contest to the battle for the California Assembly's 26th District, the region is witnessing a political tug-of-war that has already seen millions of dollars raised and a controversial voter recount that has shaken up the November ballot.

Navigating the Turbulent Tides of Silicon Valley's Political Landscape

The Clash for Congressional District 16

The most anticipated race in the region is the battle for the Congressional District 16 seat, which is being vacated by the retiring Rep. Anna Eshoo. After a crowded primary election in March, former San Jose Mayor Sam Liccardo emerged as the frontrunner, with Assemblymember Evan Low and Supervisor Joe Simitian tied for second place. However, a controversial voter recount requested by a former Liccardo supporter and funded by a newly created super PAC has since knocked Simitian off the November ballot, leaving Liccardo and Low as the two contenders.The race has already seen a staggering amount of fundraising, with Liccardo amassing a collective total of ,338,802.71 and Low raising ,489,160.71 as of the July quarterly filings. The district, which covers parts of San Mateo and Santa Clara counties, including cities like Los Altos, Campbell, Los Gatos, Mountain View, and portions of San Jose, has been a hotbed of political activity, with candidates spending heavily on polling, mailers, and digital and television advertising.

The Super PAC Showdown

The influence of super PACs has been a significant factor in the Congressional District 16 race, with more than million being spent by these organizations ahead of the primary election. While Liccardo's sole supporting super PAC has spent around 6,000, five super PACs have spent a combined 5,000 to support Low, with donors including PG&E and the California Apartment Association. The influx of outside money has added an extra layer of complexity to an already heated contest.

The Battle for the California Assembly's 26th District

Closer to home, the race for the California Assembly's 26th District has also garnered significant attention. Foothill-De Anza Community College District Board President Patrick Ahrens and Santa Clara County Board of Education Member Tara Sreekrishnan are vying to fill the seat vacated by Assemblymember Evan Low, who is now running for the Congressional District 16 seat.

The County and City Council Races

In Santa Clara County, two Board of Supervisor seats are up for grabs, and almost half of the San Jose City Council will be on the ballot. These local races, while often overshadowed by the high-profile congressional and state-level contests, play a crucial role in shaping the region's political landscape and addressing the unique challenges faced by its communities.

Tracking the Money and Staying Informed

San José Spotlight is closely following the money trail in these elections, providing regular updates on the fundraising efforts and spending patterns of the various candidates and super PACs. As the November election approaches, the publication will continue to monitor these races and provide valuable insights to help voters make informed decisions.

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