Biden Courts Wealthy Donors on West Coast Fund-Raising Trip

Biden Courts Wealthy Donors on West Coast Fund-Raising Trip

President Biden started a fund-raising swing via California and Washington on Friday, courting an elite subset of donors in a string of marketing campaign occasions hosted by rich backers.

Mr. Biden deliberate two marketing campaign receptions on Friday exterior San Francisco, the primary on the Portola Valley house of Vinod Khosla, a billionaire Silicon Valley enterprise capitalist, adopted instantly by a second in Palo Alto hosted by the previous chief govt of Yahoo, Marissa Mayer.

Tickets to the fund-raiser hosted by Mr. Khosla had been being supplied for $6,600 to $100,000 every, in line with reporting by Puck. A reporter from the White House press pool touring with the president estimated that taken collectively, greater than 100 folks attended the 2 occasions.

Mr. Khosla has been a vocal supporter of Mr. Biden and has donated closely to Democrats throughout the present election cycle. Mr. Biden is anticipated to make two extra appearances within the Seattle space on Friday night and on Saturday, with senior workers at Microsoft and Amazon among the many hosts talked about on invites despatched by the Biden marketing campaign for the Saturday occasion.

The journey comes because the Biden marketing campaign has sought to press its monetary benefit over former President Donald J. Trump’s marketing campaign, and lately introduced a $14 million advert purchase this month focusing on Black and Latino voters in plenty of battleground states.

Mr. Trump, dealing with a mounting money drawback, has pursued rich donors extra aggressively and made more and more blunt overtures to them in latest weeks. At a gathering of oil executives hosted by the oil and gasoline magnate Harold Hamm final month, Mr. Trump inspired them to donate $1 billion to his presidential marketing campaign, whereas pledging to roll again environmental rules on the oil business.

Another dinner hosted by the billionaire John Paulson that additionally drew plenty of billionaires netted the Trump marketing campaign greater than $50 million in April.

Despite assembly with donors who could also be among the many largest contributors to his marketing campaign, Mr. Biden sought on Friday to emphasise his efforts to lift cash from small donors.

At the occasion hosted by Ms. Mayer, Mr. Biden instructed attendees that of the 1.6 million individuals who had donated to his marketing campaign, 97 % had given lower than $200.

He added that his marketing campaign had opened 150 workplaces throughout numerous battleground states whereas Mr. Trump had “opened zero workplaces — and it’s not simply because he’s on trial.”

The journey this weekend, during which Mr. Biden scheduled no public appearances, supplied the most recent probability to faucet assist in a number of the wealthiest and most closely Democratic components of the West Coast. Mr. Biden made an identical journey to California in February with stops in Santa Monica and Mountain View, and occasions hosted by highly effective figures in Hollywood together with Haim Saban.

California has far outpaced different states in donations to the Biden marketing campaign, with almost $21 million coming from California donors alone via March, in line with information from the Federal Election Commission.


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