House Democrats have landed one of their top recruits for the 2014 election cycle, investor Sean Eldridge, husband of Facebook co-founder Chris Hughes, the owner of the New Republic.
He first filed papers with the Federal Election Commission in February and has been raising money while deciding whether to actually run for Congress.
Eldridge, president of the investment firm Hudson River Ventures, is taking on two-term Republican Rep. Chris Gibson in a district primarily located south of Albany. It was one of only three Republican-held congressional districts where the challenger had outraised the incumbent. Through June 30, Eldridge reported raising $747,943, including $215,000 from his own pocket, and had $639,255 in the bank. Gibson raised $452,894 and had $430,987 cash on hand.
A top Democratic target, Gibson represents a district that backed President Barack Obama over Republican Mitt Romney in 2012.
Gibson was one of only 15 Republicans to dissent last week when his party voted to end food stamps for 3.8 million Americans, though he did vote for the House Republicans’ temporary spending bill that risks shutting down the government because it also eliminates funding for Obama’s health-care law, which would extend coverage to millions of uninsured. Both Obama and Senate Majority Leader Harry Reid said they won’t support a spending bill that includes that provision.