Sunday, May 11, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Doug Burgum, Wealthy North Dakota Governor, Enters Presidential Race

by Euro Times
June 7, 2023
in Politics
Reading Time: 4 mins read
A A
0
Home Politics
Share on FacebookShare on Twitter


Gov. Doug Burgum, the Republican governor of North Dakota who rose from a chimney sweep to become one of the richest men in the state, announced a campaign for president on Wednesday, entering an increasingly crowded race in which he faces exceedingly long odds.

“We need a new leader for a changing economy,” Mr. Burgum wrote in an opinion essay in The Wall Street Journal that focused heavily on his business acumen. He plans to appear at an event around midday in Fargo, N.D.

The size of the field signals that former President Donald J. Trump, the Republican front-runner, has not scared off many challengers. But he has also yet to fully consolidate support behind his candidacy, and numerous rivals apparently see a path to the nomination, no matter how narrow it might be.

As the leader of his deep-red state, Mr. Burgum has overseen a period of significant economic expansion and promoted staunchly conservative policies.

This year, Mr. Burgum signed into law a near-total ban on abortion and created significant restrictions on gender transition care, including banning any requirements that teachers or school administrators use a student’s preferred pronouns.

He is the second sitting governor to enter the race, after Gov. Ron DeSantis of Florida, who has staked out aggressively conservative social policy positions and attracted the national spotlight for dust-ups with major corporations like Disney.

Yet Mr. Burgum’s aides say he is planning a campaign less focused on social issues and more on his business background and fiscal stewardship of the state, which included cuts to both local property taxes and state income taxes. He is set to emphasize the economy, energy and national security in his early campaigning, viewing the current debate as too focused on social issues and not on voters’ biggest concerns.

In a recent interview with the editorial board of The Fargo Forum, a local news outlet, Mr. Burgum said he believed that 60 percent of American voters had been neglected as the fringes dominated political debate.

“All the engagement right now is occurring on the edge,” he said. “There’s definitely a yearning for some alternatives right now.”

Though his national media appearances have been scarce, Mr. Burgum has been able to break through during debates over energy policy, offering a window into how he might frame his proposals in contrast to those of Republican rivals and of President Biden. In March, he told Fox News that the Biden administration’s economic plan was “disconnected from economics, it’s disconnected from physics and it’s disconnected from common sense.” He argued that Japan and other Asian countries were ripe markets for American energy exports.

On Monday, his campaign sought to address his scant national name recognition with a glossy biography video in which the governor tells his life story, set to sweeping vistas of North Dakota bluffs and energy fields.

His campaign’s confidence that he can rise from a relative unknown to legitimate candidate derives from his own political career in North Dakota. When Mr. Burgum announced his bid for governor in 2016, he was an outsider with little name recognition outside Fargo, and his main opponent, Wayne Stenehjem, the state attorney general, received the North Dakota Republican Party’s endorsement.

But with ample resources and a campaign that ran to the right — Mr. Burgum endorsed Donald J. Trump for president in May 2016 — he cruised to a 20-percentage-point victory that The Bismarck Tribune proclaimed “upended the North Dakota Republican Party establishment.” He has not been seriously challenged in North Dakota since.

“There’s a value to being underestimated all the time,” Mr. Burgum told The Fargo Forum. “That’s a competitive advantage.”

As one of few candidates not from the East Coast, and with an upbringing deeply rooted in the rural Midwest, Mr. Burgum is likely to focus most of his efforts in Iowa, a state with an extensive agricultural community. Mr. Burgum grew up in Arthur, N.D., a town of barely 300 where his family owned the only grain elevator.

While attending North Dakota State University as an undergraduate, Mr. Burgum began a chimney sweeping service in Fargo out of a friend’s pickup truck. His newfound business attracted the attention of local newspapers, who ran photos of a soot-laden Mr. Burgum clad in a tuxedo hopping from roof to roof, picking up roughly $40 per chimney.

Mr. Burgum attached those newspaper clips to his applications for business school, and he soon enrolled in Stanford Business School. After earning his M.B.A. at Stanford, Mr. Burgum joined Great Plains Software, a Fargo company that specialized in accounting software, and quickly rose to chief executive.

Far from the more fertile tech hubs of Silicon Valley, Mr. Burgum built Great Plains Software into a major industry player, eventually selling to Microsoft for $1.1 billion. He would then serve as a senior vice president at Microsoft until 2007.

Mr. Burgum’s worth stretches into nine figures, certainly enough to help finance a nascent presidential run, and his aides expect his business network to help pull in major donors as well. But as of the start of his campaign, no super PAC or outside group has emerged supporting Mr. Burgum’s candidacy.



Source link

Tags: BurgumDakotaDougEntersGovernorNorthpresidentialRacewealthy
Previous Post

Sora Ventures leads $1.5M funding round for Bitcoin Startup Lab

Next Post

German, Indian companies sign accord on possible India submarine project

Related Posts

As Trump and RFK Jr. Reach Into Parents’ Lives, Can Democrats Capitalize?

As Trump and RFK Jr. Reach Into Parents’ Lives, Can Democrats Capitalize?

by Katie Glueck
May 11, 2025
0

The costs of strollers and automotive seats are skyrocketing as corporations race to regulate to President Trump’s tariff insurance policies....

Why conservatives hate college

Why conservatives hate college

by Oliver Willis
May 11, 2025
0

Explaining the Proper is a weekly sequence that appears at what the fitting wing is at present obsessing over, the...

Reluctant at First, Trump Officials Intervened in South Asia as Nuclear Fears Grew

Reluctant at First, Trump Officials Intervened in South Asia as Nuclear Fears Grew

by David E. Sanger, Julian E. Barnes and Maggie Haberman
May 10, 2025
0

As a battle between India and Pakistan escalated, Vice President JD Vance informed Fox Information on Thursday that it was...

International students get an education in fear

International students get an education in fear

by Capital and Main
May 10, 2025
0

How Trump’s therapy of international college students dangers budgetary crises for faculties and a nationwide mind drain. By Mark Kreidler for Capital...

Trump, Raking In Cash, Expands His Power in the G.O.P. Money World

Trump, Raking In Cash, Expands His Power in the G.O.P. Money World

by Theodore Schleifer and Shane Goldmacher
May 10, 2025
0

President Trump is harnessing the Republican Social gathering’s all-encompassing deference to him to exert even better management over the G.O.P....

Trump Officials Seek to Bring First White Afrikaners to U.S. as Refugees Next Week

Trump Officials Seek to Bring First White Afrikaners to U.S. as Refugees Next Week

by Zolan Kanno-Youngs, Hamed Aleaziz, John Eligon and Zimasa Matiwane
May 10, 2025
0

The Trump administration is planning to convey the primary group of white South Africans it has categorised as refugees to...

Next Post
German, Indian companies sign accord on possible India submarine project

German, Indian companies sign accord on possible India submarine project

Israel’s forex reserves fell in May

Israel's forex reserves fell in May

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Nuveen Churchill Direct Lending Corp. (NCDL) Q1 2025 Earnings Call Transcript

Nuveen Churchill Direct Lending Corp. (NCDL) Q1 2025 Earnings Call Transcript

May 11, 2025
Turkey Ready to Host Ukraine Peace Talks

Turkey Ready to Host Ukraine Peace Talks

May 11, 2025
As Trump and RFK Jr. Reach Into Parents’ Lives, Can Democrats Capitalize?

As Trump and RFK Jr. Reach Into Parents’ Lives, Can Democrats Capitalize?

May 11, 2025
Calm Prevails In Punjab, J&K, Rajasthan After Understanding Between India— Pakistan To Stop Military Actions

Calm Prevails In Punjab, J&K, Rajasthan After Understanding Between India— Pakistan To Stop Military Actions

May 11, 2025
First Capital Actual Property Funding Belief (FCXXF) Q1 2025 Earnings Convention Name Transcript

First Capital Actual Property Funding Belief (FCXXF) Q1 2025 Earnings Convention Name Transcript

May 11, 2025
Altseason is coming, 40% each day beneficial properties to develop into ‘new regular’ — Analyst

Altseason is coming, 40% each day beneficial properties to develop into ‘new regular’ — Analyst

May 11, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Nuveen Churchill Direct Lending Corp. (NCDL) Q1 2025 Earnings Call Transcript

Turkey Ready to Host Ukraine Peace Talks

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In