Trone, David J (1955- )

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    How Rich Candidates Burned Cash on Running for Office

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    It is a time-honored tradition in U.S. politics: wealthy people burning through their fortunes to ultimately lose an election.The costly realm of campaign politics has claimed its share of the fortunes of yet another business magnate with aspirations to higher office.Representative David Trone, Democrat of Maryland who co-owns the largest wine retailer in the country, poured more than $60 million of his personal fortune into his Senate campaign in Maryland, according to campaign finance reports filed to the Federal Election Commission. He lost the Democratic primary this week to Angela Alsobrooks, a county executive whose campaign had spent about a tenth of that amount.A day after Mr. Trone’s loss, Nicole Shanahan, Robert F. Kennedy Jr.’s running mate and a Silicon Valley investor who recently divorced the Google co-founder Sergey Brin, announced that she was doubling her stake in Mr. Kennedy’s independent presidential campaign. Her donation of another $8 million brings her total contributions to nearly $15 million, despite the fact that no third-party or independent candidate has come close to winning a presidential election in modern U.S. history.Mr. Kennedy’s campaign is so far only about half as expensive as the costliest self-funded presidential campaign this cycle: Vivek Ramaswamy, the Republican entrepreneur, spent more than $30 million of his own wealth on his failed candidacy, dropping out in January after spending $3,500 per vote won in the Iowa caucuses. Doug Burgum, the governor of North Dakota who sold his software company to Microsoft for $1 billion, didn’t even get that far: He dropped out before a single vote was cast after having spent nearly $14 million on his presidential campaign.It is a time-honored tradition in U.S. politics: wealthy people burning dizzying sums of money to fuel their political ambitions through long-shot candidacies, or — as in Mr. Trone’s case — campaigns with good odds that simply don’t end up working out.A self-funded campaign is not always a recipe for disaster. Mr. Trone, for example, was successfully elected to Congress after spending a combined $31.3 million of his fortune to run in two House races. He lost to Jamie Raskin in the 2016 Democratic primary, but he won the 2018 primary to succeed Representative John Delaney, another wealthy Democrat. Jon S. Corzine, a liberal Wall Street executive, spent about $60 million, or $108 million adjusted for inflation, to win a Senate seat in New Jersey in 2000.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Angela Alsobrooks Defeats David Trone in Maryland Democratic Senate Primary

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      Angela Alsobrooks, the Prince George’s County executive, won the Democratic primary for Maryland’s Senate seat on Tuesday, setting up a showdown with a popular Republican former governor that could determine control of the chamber.The Associated Press called the race on Tuesday night for Ms. Alsobrooks, 53, who defeated Representative David Trone, a wealthy congressman who spent more than $61 million of his own money on the race. Mr. Trone outspent Ms. Alsobrooks by a nearly 10-to-1 ratio.She is trying to become the first Black woman to represent Maryland in the Senate. The chamber now has just four Black members, three men and one woman, Senator Laphonza Butler, who has made it clear she will leave at the end of her term in January.While Ms. Alsobrooks, a former prosecutor, trailed Mr. Trone early in the race, she was buoyed by widespread support among Maryland’s Democratic elected officials, who rallied around her campaign.She will now face Larry Hogan, the former Maryland governor, in what will be a closely watched race. Mr. Hogan was recruited to run by Senator Mitch McConnell of Kentucky, the minority leader, as Republicans try to recapture the Senate.Democrats and three independents who largely vote with them now control the chamber 51 to 49, but Republicans are favored to pick up West Virginia, increasing the need for Democrats to hold Maryland.Ms. Alsobrooks and Mr. Hogan will compete to replace Senator Benjamin L. Cardin, who is retiring after holding the seat since 2007.The primary between Ms. Alsobrooks and Mr. Trone turned negative as it tightened, splitting Democrats in Congress and beyond. A competitive primary was a rarity in Maryland, a reliably Democratic state that has not had a Republican senator in nearly four decades. Mr. Hogan’s decision to enter the race changed all that.Mr. Trone scored endorsements from congressional leaders, who were eager to have a wealthy candidate who could fund his own Senate run as they embark on a costly battle in several competitive states to keep control of the chamber. But all but one Democrat in the state’s congressional delegation backed Ms. Alsobrooks. More

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      In Deep-Blue Maryland, a Democratic Primary Turns Uncommonly Competitive

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      The contest between Angela Alsobrooks, the Prince George’s County executive, and Representative David Trone has grown tighter as they vie to take on Larry Hogan, the G.O.P. ex-governor.Wearing white Chuck Taylor sneakers with her gray pantsuit, Angela Alsobrooks was in the middle of a whirlwind day of campaigning in the vote-rich suburbs of Maryland last week when a voter confronted her with the question on everyone’s mind: Was she the candidate with the best chance of keeping the state’s up-for-grabs seat in the United States Senate in Democratic hands?It’s an unfamiliar question for deep-blue Maryland, which hasn’t had a Republican senator in nearly four decades. But the state’s typically sleepy Senate race has heated up this year after Larry Hogan, the popular former two-term Republican governor, decided to run.Now Democrats across the state are wringing their hands trying to figure out which of their candidates has a better shot at defeating Mr. Hogan. The primary, which is set for Tuesday, pits Ms. Alsobrooks, the Prince George’s County executive who is trying to become the first Black person and second woman from Maryland to serve in the Senate, against Representative David Trone, a wealthy third-term congressman who is smashing self-financing records — he has spent more than $61 million of his own money, flooding the airwaves with TV ads — to secure a victory.Perhaps because of the heightened stakes, the contest has turned increasingly negative as it has tightened, splitting Democrats in Congress and beyond. While congressional leaders have endorsed Mr. Trone, all but one Democrat in the state’s congressional delegation are backing Ms. Alsobrooks. She also drew support from several Black lawmakers from other states after Mr. Trone used a racial slur at a congressional hearing — a remark for which he later apologized, saying he meant to say a different word.Barbara Peart, 76, the voter who questioned Ms. Alsobrooks last week about her chances, said she did so because she was terrified that a Republican could win the seat and flip the Senate, boosting the agenda of former President Donald J. Trump.“It’s scary because it’s no exaggeration that it’s the most important race in a long time,” Mrs. Peart, a Democrat from Columbia, Md., said. “We can’t afford to lose the Senate.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      David Trone Enters Maryland Senate Race

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      Representative David Trone, who is in his third term, is expected to pour tens of millions of dollars of his personal fortune into what is likely to be a hotly contested primary.Representative David Trone, Democrat of Maryland, said he was set to launch a campaign for the Senate on Thursday, joining a race into which he is expected to pour tens of millions of dollars from his personal fortune in an effort to capitalize on a rare opportunity to seek an open seat in the deep-blue state.Just days after Senator Benjamin L. Cardin, who has held his seat since 2007, announced he would not seek re-election, Mr. Trone, 67, a third-term congressman from Potomac, said he had assembled a campaign team and cut an advertisement that emphasizes his roots growing up on a Pennsylvania farm and building a fortune after founding a lucrative alcohol retail business, Total Wine & More.In an interview, Mr. Trone, who is in his third term in Congress, said he expected to be an underdog in what is likely to be a hotly contested Democratic primary. The race could also draw Angela Alsobrooks, the Prince George’s County executive who is seen as a rising star in the state, and Representative Jamie Raskin, the top Democrat on the Oversight Committee who has established a national following, having served as the lead impeachment manager prosecuting former President Donald J. Trump after the Jan. 6, 2021, attack on the Capitol. Will Jawando, a member of the Montgomery County Council, has already announced he is running for the seat.“I’ll be the underdog in the race. I’m always an underdog. I’m a disrupter,” Mr. Trone said. “We take no money from PACs. I take no money from lobbyists, no money from corporations. And when you don’t take anybody else’s money, and you’re willing to put some of your own resources into the campaign, people realize you’re in it because you care.”Those close to Mr. Trone said he was willing to spend tens of millions of dollars on the race, as he has in previous campaigns for the House.In the House, Mr. Trone co-founded the Bipartisan Addiction and Mental Health Task Force, and he said he would focus on similar issues if elected to the Senate. He emphasized the need to address the opioid crisis, mental health issues and criminal justice reform.Mr. Trone said he believed Maryland Democrats would choose a progressive candidate over any centrists who might enter the race, and that he believed his platform would appeal to liberal voters.“We’re all on the same team,” Mr. Trone said of the other Democrats who are likely to run. “We despise the most narcissistic president, probably the worst president ever, Donald Trump.”Mr. Cardin said in an interview that he did not intend to endorse a successor.“We have a great group of Democrats in Maryland,” he said. “I know some are interested. I’m very confident that we will be able to to elect a Democrat to fill the seat.”Whoever wins the Democratic primary is likely to carry the seat. The state’s most popular Republican, former Governor Larry Hogan, has said he is not interested in running.Maryland’s filing deadline is Feb. 9, 2024. The primary election is May 14, 2024. More