Biden December fundraising blitz to star James Taylor, Spielberg
PRESIDENT Joe Biden will kick off a December fundraising blitz on Tuesday (Dec 5) that will show off the Democratic Party’s star power and is expected to raise millions of US dollars, according to invitations reviewed by Reuters and sources familiar with the planning.
The sprint includes at least nine fundraisers before the end of the month starting on Tuesday in Boston, where Biden will hold three events, capped with an evening concert by James Taylor.
On Friday, he heads to California for a two-day stop where he will tap the deep pockets of Hollywood stars like directors Stephen Spielberg and Rob Reiner, two sources familiar with the planning told Reuters.
Friday’s Los Angeles event is also expected to draw wealthy donors from the legal, technology and political worlds to the home of Michael Smith, a celebrity interior designer, and his partner James Costos, a former HBO executive who was President Barack Obama’s ambassador to Spain, the sources said.
Musician Lenny Kravitz is slated to perform at the event, the sources said.
Wendy Schmidt, wife of former Google CEO Eric Schmidt, former Los Angeles mayoral candidate Rick Caruso, and former ambassador Robert Tuttle will attend, sources said.
A NEWSLETTER FOR YOU
Lifestyle
Our picks of the latest dining, travel and leisure options to treat yourself.
“We’re putting in the work across our fundraising programme and look forward to again outperforming the MAGA field,” Biden campaign spokesperson Kevin Munoz said.
Next week, Biden will raise money in Pennsylvania and Maryland with the states’ Democratic Governors Josh Shapiro and Wes Moore.
Vice-President Kamala Harris and campaign surrogates, including Michigan governor Gretchen Whitmer and Senator Alex Padilla of California, as well as Biden campaign manager Julie Chavez Rodriguez, also will headline fundraisers in December.
Biden will need a sizable war chest to compete in a general election that could feature a rematch with his predecessor former President Donald Trump. Recent polling has shown the GOP frontrunner leading Biden in hypothetical matchups in key swing states and on the national level.
However, Republican donors are currently divided ahead of the party’s primaries, with billionaire Charles Koch’s political group backing Nikki Haley, casino billionaire Miriam Adelson waiting for a primary winner to emerge, and Super PACs backing Trump spending millions to attack other Republicans.
The Biden campaign and the Democratic Party raised significant hauls in the two quarters since Biden announced his reelection bid in April of 2023, bringing in US$72 million in the second quarter of the year and US$71 million in the third.
That ouptaced Trump and the rest of the Republican primary field in the same periods. The president’s political operation, along with the Democratic National Committee, ended the last quarter with US$91 million in cash on hand.
Hollywood and the entertainment industry overall lean Democratic, at least when it comes to fundraising, according to OpenSecrets, which tracks campaign contributions. In 2020, the entertainment industry provided US$163.6 million in campaign donations, with 88 per cent going to Democrats. REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Philippines denies deal with China over disputed South China Sea shoal
When US diplomats visit China, meal choices are about more than taste buds
China’s first-quarter industrial profits rise at slower pace
Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports