President Joe Biden’s reelection team is escalating its fundraising efforts, salting away cash as Republicans battle over whether Donald Trump should be their standard-bearer next year.
Biden will headline at least nine fundraisers before month’s end. Starting Wednesday, top campaign leadership and major donors will meet in Chicago for a finance-focused retreat. Vice President Kamala Harris will attend, along with a flank of Biden advisers and allies, including Senators Chris Coons of Biden’s home state of Delaware and Amy Klobuchar of Minnesota.
The Biden political operation is expecting to raise at least $43 million, according to a person familiar with the campaign. That’s below the amount it raised in the second quarter, but well ahead of the amount many of Biden’s Republican challengers are raising. Biden can raise money in much larger chunks than Republicans. As an incumbent facing only token opposition in the primaries, he can receive donations for his campaign, the DNC and state parties through the Biden Victory Fund, which can accept checks from individuals for as much as $929,600.
France Dernières Nouvelles, France Actualités
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