Super-PAC Targets Religious Voters on Abortion in 2014

Feb 4, 2014 12:00 AM ET
By Julie Bykowicz

New York hedge-fund manager Sean Fieler is financing a new political group bent on coaxing religiously-minded voters who oppose abortion rights and gay marriage back into politics.

Those activists -- and their money -- have been sidelined since a Republican Party civil war between the small-government Tea Party movement and business interests erupted last year after some U.S. House members dismissed the economic impact of a default on the federal government’s debt.

With Fieler’s backing, Sarah Huckabee Sanders, former Arkansas Governor Mike Huckabee’s daughter, and Frank Cannon, who consults with evangelical and Catholic groups, are organizing the effort. They will travel to New York, Florida and Texas to raise money for American Principles Fund, a super-political action committee. Their message: Republicans must resume talking about issues such as abortion and their group can help develop a strategy that won’t backfire politically.

Fieler, co-founder of Equinox Partners LP, gave the super-PAC almost all of its $394,207 last year, according to a Federal Election Commission report filed Jan. 31.

http://www.bloomberg.com/news/2014-02-04/fieler-finances-return-of-abortion-issue-to-2014-election.html

What does a hedge-fund manager stand to gain by outlawing abortion?

What does Karl Rove?