“I am grateful for and so excited by the support my campaign has received since announcing my candidacy in mid-May. As I travel all across the district, one thing is clear — people believe that Josh Gottheimer and Nancy Pelosi are taking Washington, DC and this country, in the wrong direction. I am committed to taking this seat back next November,” said Pallotta in a statement.
Pallotta opened an exploratory committee in March; he’s a Goldman Sachs alum and can reportedly self-fund all or most of a campaign.
The campaign reported total receipts of $146,810 and a cash-on-hand of $115,153.
No other Republican candidate has announced their totals to date.
Incumbent Democrat Josh Gottheimer will likely win the money battle even if he loses the election itself. He raised a massive $907,658 in the second quarter and boasts $5,683,966 cash on hand.