Raging DNC boss Ken Martin threw phone at aides desk as committee forced to put up HQ as loan collateral: report

The Democratic National Committee chairman furiously threw his phone at the desk of an aide in a fit of rage earlier this month as he deals with mounting pressure over the DNC’s financial woes, the New York Times reported.Martin’s angry outburst prompted a complaint from the junior staffer to human resources, which met with the DNC boss to discuss his conduct.The unsettling outburst came ahead of the high-stakes midterm elections as the remarkably cash-strapped DNC is relying a $15 million loan, its largest-ever off-year borrowing that saw the committee put up its DC headquarters and other assets as collateral.“This is not new.The loan documents were publicly released in November, and the DNC’s building was also used as collateral in our prior lines of credit in 2019, 2018, 2014, and many other years,” a DNC official told The Post in a statement.The committee declined comment on Martin’s alleged outburst.The DNC had $16.3 million cash on hand at the end of last month, well below the $18.5 million in debts and loans it has on the books according to Federal Election Commission records.

By contrast, the Republican National Committee ended June with $128.5 million cash on hand and no debt, per the FEC.A similar trend is playing out among other officials’ campaign arms of the two parties, which could be a key factor in the midterms given the Supreme Court recently struck down rules limiting coordinated spending between the parties and campaigns.Martin addressed the party’s bleak financial situation in a recent Substack piece as he deals with jittery Democrats.

“The current DNC has raised the most money of any DNC without the White House in the 198-year history of the Democratic Party,” Martin wrote in the piece.“The DNC raised, from grassroots donors (under $10,000) and major gift donors (over $10,000), $154.8 million through June 2026, compared with $95.2 million over the comparable 18-month period in 2017–2018.”Amid the DNC’s financial woe...