Fundraising

Gov. Kristi Noem’s new PAC paves way to fundraise, spread influence

South Dakota Gov. Kristi Noem has formed a federal political action committee, indicating her growing fundraising prowess and national ambitions.

The Republican has insisted she is focused on getting reelected as governor next year, but her nationwide fundraising network has fueled speculation she could be eyeing a 2024 presidential bid. Last week, her campaign registered a PAC called Noem Victory Fund with the Federal Elections Commission. The move means the PAC can distribute funds into elections beyond South Dakota as well as create a pot of money that could be put into a future campaign for federal office, campaign finance experts said.

Given Noem’s ascendant profile among conservatives, the federal PAC registration is “a pretty strong signal that she probably has national aspirations,” Edwin Bender, the head of The National Institute on Money in State Politics, said.