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More big biz bucks flow into Vallas campaign war chest [1]

['Justin Laurence']

Date: 2023-03-07 17:36:55-06:00

Craig Duchossois, executive chairman of the Duchossois Group and heir to a racehorse fortune, led the pack with $500,000. Duchossois, a frequent donor to the Illinois Republican Party and GOP officials, previously donated $10,000 to Vallas and $50,000 to the Get Stuff Done PAC, which has spent more than $1 million supporting or opposing candidates for the City Council.

Vallas also brought in six-figure donations from several financial executives, including $250,000 from Donald Wilson, CEO of DRW Holdings, and $100,000 from Kenneth Brody, a partner at the same firm.

Despite founder Ken Griffin's departure to Florida, Citadel executives continue to play in Illinois politics, with Chief Operating Officer Gerald Beeson and Matthew Simon each giving $100,000. Vallas has previously reported taking $200,000 from Beeson.

James Perry, a managing director at Madison Dearborn Partners, is also a repeat donor, contributing this week $200,000, matching the $200,000 he gave to Vallas to help him reach the runoff.

Large checks from the business community are expected to continue to pour into the Vallas campaign after he lent $100,100 to himself last week to break the contribution caps in the runoff. Millionaire Willie Wilson did the same in the first round with a $5 million self-contribution to kick off his third campaign for mayor.

Vallas is expected to outpace Johnson in the campaign cash race and may pour the money into television ads in an effort to focus the race on issues Vallas would prefer to center on or to attack Johnson before he is able to respond in kind.

Johnson is expected to receive an endorsement tomorrow from SEIU Local 1, which represents airport workers, after two other locals of the powerful union endorsed Johnson in the first round. SEIU Healthcare contributed $750,000 to its political action committee yesterday and is expected to give another large donation to Johnson's campaign.

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[1] Url: https://www.chicagobusiness.com/politics/paul-vallas-campaign-gets-big-money-chicago-execs

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