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Pearce stockpiles cash in governor race

Rep. Steve Pearce (R) New Mexico

  SANTA FE, N.M. (AP) — The campaign for governor of New Mexico by Republican Congressman Steve Pearce has taken in $750,000 since July 1 in new contributions and transfers from a congressional campaign account.

Pearce's campaign announced Monday that it had stockpiled $1.9 million in cash as of Sept. 3.

Pearce is competing with Democratic Congresswoman Michelle Lujan Grisham in the November general election to replace Gov. Susana Martinez, who cannot run for re-election to a third consecutive term.

The Pearce campaign received $617,000 in direct contributions over the past two months. About $133,000 was transferred from Pearce's congressional campaign account to his campaign for governor.

The oil and natural gas industry figured prominently among supporters, with at least 20 contributions linked to companies or individuals affiliated with extractive industries.