Candidates clash over private equity and campaign donor profiles

Oct 6, 2026

Audience members pressed candidates on private-equity ties and donor composition; Andy Klein defended his private-capital work and explained tax complexities, while opponents warned about nonlocal investors' impacts on local businesses.

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A voter asked candidates about private-equity involvement in local businesses and raised concerns about big donors to Steve Heffernan's campaign. Theresa Gleeson questioned Heffernan's donor numbers and whether his fundraising reflected "regular folks." Heffernan said larger donors were often from Chittenden County and that supporters liked his record; he defended local stewardship of farms and businesses.

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