The former Florida governor and scion of the modern Republican Party’s most prominent political family revealed on Thursday that he will formally announce his long-expected presidential candidacy on June 15 in Miami. The event comes almost six months to the day after Bush said last December that he was “actively exploring” a campaign and months after it has become clear Bush would, in fact, run. His dodging of that reality had begun to wear thin in recent weeks. On Sunday, pressured about his candidacy by CBS’s Bob Schieffer on his final day hosting Face the Nation, Bush offered up a tepid: “I hope so. I hope, I hope I’m a candidate in the near future.”
While presidential announcements—Bush’s will be held in ethnically diverse Miami, on the campus of Miami Dade Community College—are typically rich with symbolism, Bush’s will have serious structural implications for his campaign.
For months, Bush has been working hand-in-glove with a super PAC that will now independently support his campaign, vacuuming up as much as $100 million ahead of his announcement for that group and another political committee, known as Right to Rise, that has served as his campaign-in-waiting.
Full Article: How Jeb Bush’s Presidential Announcement Will Change His Money Game.