Daily Archives: January 6, 2020

Castro Out; Bernie Brings in $34.5M

Julian Castro, 2020 Presidential candidate and Former Housing and Urban Development Secretary, bows out of the race.


By Jim Ellis

Jan. 6, 2020 — Saying that it simply “isn’t our time,” former Housing and Urban Development Secretary Julian Castro announced late last week that he is ending his bid for the Democratic presidential nomination now, exactly one month before the campaign’s first votes are cast in the Iowa Caucuses.

Castro, who served the final two-and-a-half years of the Obama Administration in the president’s cabinet after a five-year stint as mayor of San Antonio and previously being elected to one term on the city council, was one of the first candidates to enter the 2020 presidential campaign. Beginning the race as a little-known political figure despite serving in a national office, Castro couldn’t get his campaign untracked. He never came close to attaining high single digit support in any poll, even when including those from his home state of Texas.

On the money front, Castro raised slightly over $10 million for his national effort. Through Sept. 30, he attracted $7.6 million in financial backing with estimates of approximately $3.5 million for his final quarter in the race. Castro qualified for participation in four of the six national candidate forums, taking a major risk in one of them that proved to backfire.

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