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Ray Washburne

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Ray Washburne
Ray Washburne.jpg
Basic facts
Organization:Charter Holdings
Role:CEO
Location:Highland Park, Texas
Affiliation:Republican
Education:Southern Methodist University


Ray Washburne is a Republican political backer and financial operative who was the vice chair for the Trump Victory Committee.[1] Washburne was also a member of Trump's transition team, serving as a commerce advisor.

  • Washburne joined the Trump committee in May 2016 after Trump became the presumptive Republican presidential nominee.
  • Washburne was George W. Bush's (R) bundler for both his 2000 and 2004 campaigns. He backed former Minnesota Gov. Tim Pawlenty's (R) 2012 presidential bid before going over to Mitt Romney's campaign as Texas co-chairman and a major donor.
  • Washburne spent two years with the Republican National Committee as their national finance chairman and was the finance director for Chris Christie's leadership PAC, Leadership Matters for America, before taking the same role in Christie's presidential campaign.
  • Career

    Business career

    Ray Washburne made his fortune as a restaurant owner and real estate developer. He is the CEO of Charter Holdings, a real estate development firm, and a co-founder of MCrowd Restaurant Group, which created the restaurant chains Mi Cocina and Taco Diner. Washburne is also the owner of Highland Park Village, the nation's first shopping complex, which he bought in 2009 for $164 million.[2]

    George W. Bush bundler

    In 2000 and 2004, Washburne worked with George W. Bush's (R) presidential campaign; he was one of several "bundlers" for the Bush campaign. A bundler seeks out direct funding for the candidate by tapping into personal networks and utilizing connections. As a bundler for Bush, Washburne ranked among the "Pioneers" in 2000 and the "Rangers" in 2004, statuses bestowed on Bush's bundlers who raised over $100k and $200K respectively, making Washburne one of the top bundlers in Texas.[3][4][5][6]

    The Legacy Fund

    In 2004, Washburne, along with George Seay III, co-founded The Legacy Fund, a politically influential evangelical group of wealthy families. According to D Magazine, the fund was started by a group of 55 wealthy families with the intent of backing Republican candidates around the country. Washburne told D, "Legacy is just a group of people interested in supporting GOP candidates. ... We’re only active around election season, and then we go back to our families and businesses."[7]

    Would-be Republican political candidates—including Rep. John Thune (S.D.), former Gov. Mike Huckabee (Ark.), Sen. Tom Coburn (Okla.), former Sen. Kay Bailey (Texas) and Sen. John Cornyn (Texas)—frequently seek the backing of Legacy.[8][9][10]

    Presidential election, 2012

    Looking ahead to the 2012 presidential campaign, Washburne backed the incipient stages of then-Minnesota Governor Tim Pawlenty's (R) presidential bid. However, after placing third in the Iowa Straw Polls, Pawlenty withdrew his candidacy.[11][12][13][4] Subsequently, Washburne chose to back Mitt Romney for the 2012 presidential elections, becoming Romney's chief Texas donor and Texas co-chair.[11][10][12][13]

    After Romney's loss in the general election, Washburne was appointed national finance chairman for the Republican National Committee (RNC). During his two-year tenure with the RNC, Washburne raised a record $160 million for the GOP.[11][10][13][14]

    Presidential election, 2016

    Chris Christie

    See also: Chris Christie presidential campaign, 2016

    In January 2015, Ray Washburne joined Chris Christie's PAC, Leadership Matters for America, as the finance director.[11][10][13] Washburne's proven ability to procure contributions was seen as a benefit to Christie's fundraising campaign, and the New York Observer noted that Washburne's status in the South was likely to help the Christie with a conservative southern base.[10]

    On June 30, 2015, Christie announced his 2016 presidential campaign.[15][16] On July 3, 2015, Washburne was named the campaign's national finance chairman.[17]

    Christie suspended his presidential run on February 10, 2016.[18]

    Donald Trump

    See also: Donald Trump presidential campaign, 2016

    After Donald Trump became the presumptive Republican nominee for president, Washburne began acting as a fundraiser. The Texas Tribune called Washburne "Trump's most visible fundraiser" in the state.[19] In May 2016, when Washburne was announced as the vice chair for the Trump Victory Committee, CNN saw the move as "the latest indication that many of the party's prior standard-bearers are prepared to rally behind Trump -- and pitch in to help the GOP -- in spite of their reservations about the candidate."[20]

    In May 2016, Washburne told The Dallas Morning News that his decision to back Trump was out of a desire for party unity. He said, "This is it. If you’re wearing the uniform, there’s only one team to be on at this point." He went on to say that the campaign would raise "$1 billion plus."[1]

    Appeal to Koch donor network

    Politico reported that, after the Republican National Convention, Washburne appealed to Charles and David Koch to "reconsider their opposition to Trump." The Kochs were in Colorado to hold a summer summit for their donor network, and Trump was attending a fundraiser in the area. According to the article, no meeting between Trump and the Koch donor network was scheduled.[21]

    Donald Trump presidential transition team, 2016-2017

    See also: Donald Trump presidential transition team

    Washburne was a member of Donald Trump's presidential transition team in his first presidential term. The transition team was a group of around 100 aides, policy experts, government affairs officials, and former government officials who were tasked with vetting, interviewing, and recommending individuals for top cabinet and staff roles in Trump's administration. According to Politico, he was a commerce advisor for the transition team.[22]

    See also

    External links

    Footnotes

    1. 1.0 1.1 The Dallas Morning News, "Dallas financier Ray Washburne helps lead Trump donor effort; 'only one team to be on at this point,'" May 24, 2016
    2. Bisnow, "Q&A with Highland Park Village owner Ray Washburne," February 24, 2016
    3. NPR, "Explainer: What Is a Bundler?" September 14, 2007
    4. 4.0 4.1 The Wall Street Journal, "Pawlenty Attracts Wealthy Donors," May 13, 2011
    5. New York Times, "Bush Campaign’s Demand for Fidelity Ruffles Some Republican Rivals," February 26, 2015
    6. Texas Tribune, "The Top GOP Donors and Bundlers in Texas," March 1, 2015
    7. D Magazine, "The New Emperor of Highland Park Village," November 2010
    8. Allen, Mike. (2006). Courting a New Coalition. Time Magazine
    9. Mother Jones, "Inside The 1 Percent's Texas Enclave," December, 2011
    10. 10.0 10.1 10.2 10.3 10.4 The New York Observer, "Chris Christie Lands a Key Texas Bundler for Prez Run," January 12, 2015
    11. 11.0 11.1 11.2 11.3 The Dallas Morning News, "Chris Christie nabs Ray Washburne as finance chief for 2016: report," January 12. 2015
    12. 12.0 12.1 NPR, "Romney Camp Slow To Attract Former Bush Donors," October 13, 2011
    13. 13.0 13.1 13.2 13.3 The Dallas Morning News, "Dallas GOP moneyman Ray Washburne reportedly joining Christie camp," January 12, 2015
    14. The Dallas Morning News, "Dallas investor Ray Washburne takes over top GOP fundraising role," February 6, 2013
    15. National Journal, "Chris Christie Is Running For President. But Is He Too Late?" June 30, 2015
    16. Politico, "Chris Christie kicks off presidential campaign," June 30, 2015
    17. The Washington Post, "Exclusive: Chris Christie hires presidential campaign manager and appoints senior staff," July 3, 2015
    18. CNN, "Chris Christie suspends campaign, source says," February 10, 2016
    19. The Texas Tribune, "With Some Uncertainty, Texas Donors Begin Pitching in for Trump," June 6, 2016
    20. CNN, "How Donald Trump won over big donors," May 19, 2016
    21. Politico, "Kochs reject push to meet with Trump," July 29, 2016
    22. Politico, "Current Agency Action Team structure," accessed November 16, 2016