The Democratic Party's money problems have been an open secret for months. Federal Election Commission filings from around six months ago showed the Democratic National Committee entering the final stretch of last year with barely $12 million in its campaign account and nearly $16 million in debt, most of it stemming from a loan the committee took out the previous month. Donations had slumped just as the party needed them most.
Since then, the political environment has arguably been extremely beneficial for Democrats, with President Donald Trump's low approval ratings, the war with Iran, and high gas prices. Any one of those should have been enough to give the party the momentum necessary to get them out of their financial slump. Now, instead of turning the financial picture around, the DNC appears to be doing something stranger: hiding it.
According to a report from Axios, DNC officials required senior leadership to sign non-disclosure agreements before a private meeting on the party's finances, a departure from the committee's usual practice. Two people familiar with the conversations said the DNC requested the NDAs ahead of the recent finance meeting. The DNC asked its officers, high-ranking members of chair Ken Martin's own team, to sign the agreements, the kind of people who typically never sign confidentiality paperwork before sitting down to talk numbers.
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