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☆ Biden fund gets big donation from son of Republican megadonor Larry Ellison
▼ + stars: | 2024-04-16 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

David Ellison, CEO of Skydance Media attends the 81st Annual Golden Globe Awards at The Beverly Hilton on January 07, 2024 in Beverly Hills, California. David Ellison, the son of Republican megadonor Larry Ellison, gave $929,600 to back the re-election efforts of President Joe Biden, putting him among the top recent donors to the incumbent Democrat. David Ellison's donation is the largest recorded contribution that the Skydance Media CEO ever made to a federal candidate, according to Federal Election Commission records. David Ellison's donation comes as his father, Larry Ellison, the chairman of Oracle, has kept his wallet firmly shut this election cycle. Larry Ellison donated more than $31 million to Republican candidates during the 2022 congressional midterms, according to data from OpenSecrets.

Persons: David Ellison, The Beverly Hilton, Larry Ellison, Joe Biden, David Ellison's, George Conway, Donald Trump, Dustin Moskowitz, Charles Myers, bundler, Biden, Soros, Myers, George Soros, Biden's, Trump, —, Jeffrey Katzenberg, Katzenberg, Kurt Rappaport, Rappaport Organizations: Skydance Media, The Beverly, Commission, Biden, Facebook, Oracle, Trump, CNBC, Democratic, Republican, Hollywood Locations: Beverly Hills , California, OpenSecrets, Los Angeles

☆ Florida Gov. Ron DeSantis privately tells donors he plans to fundraise for Trump
▼ + stars: | 2024-04-10 | by ( Matt Dixon | Brian Schwartz | ) www.cnbc.com time to read: +2 min

U.S. President Donald Trump looks on as Florida Governor Ron DeSantis speaks during the Florida Homecoming rally at the BB&T Center. Ron DeSantis told donors and supporters at a private retreat last weekend that he plans to help raise money for Donald Trump's presidential campaign, according to three sources familiar with the matter. "He did say it in front of a group of people at the Hard Rock," a DeSantis adviser told NBC News. "I would say the majority in the room would now be willing to help Trump," a DeSantis bundler who was at the recent meeting said. "I know where there are DeSantis supporters all over Texas and all over the country that will want to help President Trump.

Persons: Donald Trump, Ron DeSantis, Donald Trump's, DeSantis, Trump, Roy Bailey, Bailey, Joe Biden, President Trump Organizations: Florida, T Center, Trump, Florida ., Florida . Florida Gov, NBC News Locations: Florida, Florida . Florida, Casino, DeSantis, Texas

☆ Nikki Haley under pressure from donors to defeat Donald Trump in New Hampshire after Iowa caucus loss
▼ + stars: | 2024-01-16 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

Former U.N. ambassador Nikki Haley is facing pressure from some of her top fundraisers to either seriously compete with, or outright defeat, Donald Trump in next week's New Hampshire primary, after finishing third Monday in the Iowa caucus. Levine is also the co-host of a Haley fundraising event scheduled for after the New Hampshire primary. He told CNBC he isn't worried about poor attendance, as long as she has a strong showing in the Granite State. In order to keep many of her more affluent donors engaged, Haley must get within three percentage points of Trump in New Hampshire, said a Republican fundraising advisor whose clients include Haley donors. Some Haley donors have already lost hope.

Persons: Nikki Haley, Donald Trump, Andy Sabin, Haley, Sabin, Haley doesn't, Eric Levine, Levine, Trump, he's, Joe Biden, CNBC's Alex Sherman Organizations: U.S, United, U.N, CNBC, Trump, New, Republican, caucusgoers, GOP, New Hampshire, AdImpact Locations: West Des Moines , Iowa, U.S, week's, Hampshire, Iowa, New York, New Hampshire, Granite State, South Carolina, Davos, Switzerland

[1/2] U.S. President Joe Biden speaks at a dinner hosted by the Human Rights Campaign at the Washington Convention Center in Washington, U.S., October 14, 2023. That good-news approach is not working, some officials inside and outside the Biden campaign say. The latest Reuters/Ispsos poll showed Biden and Trump locked in a tight race, with Trump leading Biden 51% to 49% when respondents were asked to pick between the two. "I don't fault the (Biden) campaign at all, for not wanting to get into the mud, the blood and the beer. Because you want to seem presidential," Morgan said, referring to the time it has taken the Biden campaign to step up its attacks on Trump.

Persons: Joe Biden, Ken Cedeno, Donald Trump, Biden, Trump, Ron DeSantis, Donna Brazile, Julie Chavez Rodriguez, Joe Biden's, it's, Jason Miller, it's Joe Biden, John Morgan, Morgan, Nandita Bose, Trevor Hunnicutt, Heather Timmons, Kieran Murray, Deepa Babington Organizations: Human, Washington Convention Center, REUTERS, Rights, Republican, Trump, New York Times, Biden, White, Muslim, Democratic, Reuters, Thomson Locations: Washington , U.S, Nazi Germany, America, Siena, U.S, Gaza, Florida

COLUMBIA, S.C. (AP) — The Republican Party’s once-crowded 2024 presidential primary field has suddenly shrunk to just a handful of viable candidates. Instead, the fight between Nikki Haley and Ron DeSantis for a distant second place appears to be intensifying. Political Cartoons View All 1244 Images“Now I’m hoping the field clears and it’s Nikki Haley one-on-one with the former president,” Druckenmillier told The Associated Press. Scott entered the 2024 campaign to much anticipation — especially in Iowa — as a close friend to Iowa Sen. Joni Ernst and a devoted evangelical Christian. And his modest share of support in late-summer Iowa polls shrunk by late fall as DeSantis and Haley appeared more viable.

Persons: Republican Party’s, Sen, Tim Scott of, Donald Trump, Nikki Haley, Ron DeSantis, Iowa's Jan, Haley, Scott's, Stanley Druckenmillier, Scott, ” Druckenmillier, Andrew Romeo, Mike Pence, ”, DeSantis, Kim Reynolds, Tim Scott, ” Romeo, “, Nikki Haley’s, Trump, Vivek Ramaswamy, Christie, Doug Burgum, Asa Hutchinson, they're, Pence, Privately, Ron DeSanctimonious, Nikki ‘ Birdbrain ’ Haley, ‘, Tim, ’, ’ ”, Iowa Sen, Joni Ernst, Republican bundler Eric Levine, ” Levine, “ It’s Nikki, Devin O’Malley, Pence’s, He’s, ” O’Malley, ___, Beaumont Organizations: COLUMBIA, Republican, GOP, United Nations, Associated Press, Iowa Gov, New, New Jersey Gov, Christie . North Dakota Gov, Arkansas Gov, Trump, South, Fox News, AP, Iowa GOP, ___ Peoples Locations: Tim Scott of South Carolina, Scott's South Carolina, Florida, Iowa, Alabama, New Jersey, Christie ., New Hampshire, South Carolina, New York, Des Moines , Iowa

[1/2] Republican presidential candidate and Florida Governor Ron DeSantis speaks at the first Republican candidates' debate of the 2024 U.S. presidential campaign in Milwaukee, Wisconsin, U.S. August 23, 2023. According to the latest Reuters/Ipsos poll conducted before the debate, 8% of Republicans supported Pence, 7% backed Ramaswamy and 5% supported Haley. SEVERAL CONTENDERSCandidates like Pence, Haley and South Carolina Senator Tim Scott receiving attention from donors and voters is bad news for DeSantis. Jay Zeidman, a Houston-based donor and DeSantis bundler, said "the governor did what he needed to do" at the debate. But DeSantis was hardly mentioned by his rivals, and he ended up speaking less than Pence, Haley and Ramaswamy.

Persons: Ron DeSantis, Brian Snyder, Donald Trump's, Donald Trump, Vivek Ramaswamy, Nikki Haley, Mike Pence, Pence, Ramaswamy, Haley, DeSantis, Trump, Brett Doster, Robert Doar, Tim Scott, assertively, Dan Eberhart, Jay Zeidman, DeSantis bundler, Nikki, Christie, Vivek, Scott, Chris Christie, Gram Slattery, James Oliphant, Alexandra Ulmer, Ross Colvin Organizations: Republican, Florida, REUTERS, Rights, American Enterprise Institute, Trump, South, DeSantis, Reuters, America, New, Thomson Locations: Milwaukee , Wisconsin, U.S, Florida, Milwaukee, Tallahassee, United States, Ukraine, South Carolina, Houston, Texas, New Jersey, California, Washington, San Francisco

☆ Private jets, luxury hotels: For wealthy donors, the Republican debate is a grand ole party
▼ + stars: | 2023-08-23 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

Republican debate signage ahead of the Republican primary presidential debate hosted by Fox News in Milwaukee, Wisconsin, US, on Tuesday, Aug. 22, 2022. Wealthy Republican political donors will receive the VIP treatment at Wednesday night's GOP presidential primary debate in Milwaukee, according to contributors and organizers who spoke to CNBC ahead of the event. Andy Sabin, a wealthy New York businessman who backs South Carolina Sen. Tim Scott, told CNBC he plans to arrive in Milwaukee by private jet for the debate. During the debate, Sabin said he will be seated next to Gov. Billionaire and veteran venture capitalist Tim Draper will be at the debate to support former South Carolina Gov.

Persons: Andy Sabin, Carolina Sen, Tim Scott, Sabin, Kristi Noem, Tim Draper, Nikki Haley, Draper, Haley, Scott, Ron DeSantis, Chris Christie, Vivek Ramaswamy, Donald Trump, Saint Kate Organizations: Republican, Fox News, Wednesday, CNBC, Carolina, Gov, South Carolina Gov, Florida Gov, New, New Jersey Gov, Milwaukee Fiserv, Republican National Committee, RNC, Milwaukee Journal Sentinel, Young America's Foundation, Journal Sentinel Locations: Milwaukee , Wisconsin, Milwaukee, New York, South Dakota, New Jersey

☆ Trump plans 2024 fundraising swing from Georgia to his N.J. golf course as he calls on his bundlers to raise up to $1 million
▼ + stars: | 2023-06-01 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

Ron DeSantis entered the primary and managed to raise just over $8 million in the first 24 hours of his campaign, according to his team. The Trump campaign is asking bundlers to raise up to $1 million, according to a sign-up form that allows fundraisers to choose a bundler program. A campaign bundler voluntarily helps raise money for their desired candidate running for office through phone calls or other forms of outreach. The invite asks donors to give $23,200, with the funds going toward the Trump Save America Joint Fundraising Committee. The June 13 fundraiser calls to raise or give $100,000 for the Trump Save America Joint Fundraising Committee.

Persons: Donald Trump, LIV, Ron DeSantis, Trump, bundlers, Ultra MAGA, bundler, Steve Schwarzman, president's, DeSantis, Donald J Organizations: Trump National Golf Club, CNBC, Trump, Florida Gov, Ultra, Team Trump, Blackstone, Capitol, Republican Party, Republican, Trump Save America, Save, Republican National Committee Locations: Sterling , Virginia, Georgia, New Jersey, Miami, Save America, Michigan, Bedminster , New Jersey

☆ Ron DeSantis lines up business leaders to raise money for 2024 presidential run
▼ + stars: | 2023-05-23 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

They'll receive briefings from campaign staff and call around to raise money for the campaign, NBC News reported. Ron DeSantis has assembled a team of wealthy business leaders to help raise money for his presidential campaign, according to a partial list of fundraisers provided by a senior political official with the Florida Republican. Lambert served on Trump's Inaugural Committee and was a national finance chair for Trump's successful 2016 campaign for president, according to his website. Records show that Lambert has also donated to the Friends of Ron DeSantis PAC and Trump's campaign. Jay Zeidman, a managing partner at health care investment firm Altitude Ventures, is also listed as a DeSantis campaign fundraiser.

Persons: They'll, DeSantis, Donald Trump's, David Horowitz, Horowitz, Elon Musk, Ron DeSantis, Trump's, Hal Lambert, Lambert, Trump, Jay Zeidman, Zeidman, Jeb Bush's, Bush's, George P, Bush, Frank Mermoud, Orpheus, Mermoud Organizations: NBC News, GOP, Horowitz Group, CNBC, Florida Republican, White, Republican National Committee, MAGA, Ron DeSantis PAC, Ventures, Florida Gov, New York Times, Records Locations: Miami, California, Florida

☆ US Vice President Harris fundraises for 2024 in Georgia
▼ + stars: | 2023-05-12 | by ( Nandita Bose | ) www.reuters.com time to read: +3 min

WASHINGTON, May 12 (Reuters) - U.S. Vice President Kamala Harris will kick off fundraising for Democrats' 2024 re-election campaign in the swing state of Georgia on Friday, as she and President Joe Biden start to tap donors who contributed over $1 billion to the 2020 campaign. Harris will headline the Democratic Party of Georgia's "Spring Soiree" fundraiser - a gathering expected to have hundreds of attendees. Biden and Harris face significant political headwinds in their bid for a second term, including low approval numbers and concerns about Biden's age. Political strategists have said Harris's appeal as a fundraiser for the re-election campaign will be tested in the coming months. Harris's 2020 campaign 'Kamala Harris for the People' raised over $40 million, with nearly 57% coming from large contributors, according to campaign finance records.

Florida Governor Ron DeSantis speaks at a press conference at the American Police Hall of Fame & Museum in Titusville. The group has raised more than $225 million for DeSantis and currently boasts nearly $86 million in cash on hand. Friends of Ron DeSantis could soon try to transfer a moneybag roughly 800 times the size of Donalds'. The state committee, Friends of Ron DeSantis, appears to be positioning itself for the transfer. Friends of Ron DeSantis is allowed to accept unlimited contributions from donors, and it shows.

Cooperman says he voted for Biden in 2020, but he accused Democrats of deliberately misleading people about how the billionaire tax proposal would work. The billionaire tax proposal is "completely dead on arrival," said Charles Myers, a 2020 bundler for Biden's presidential campaign and the chairman of Signum Global, an investment advisory firm. Myers said the purpose of Biden's billionaire tax announcement, however, was never to jumpstart a negotiation in Congress. But for some in the party, Biden's billionaire tax contains a fatal flaw. With plans for a billionaire tax stalled in Washington, wealth tax advocates and activists are turning to the states.

☆ One of the most powerful rich families in American politics just got their son in the Senate
▼ + stars: | 2023-01-12 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Ricketts' family owns the Chicago Cubs and has broadly supported conservative causes. Ricketts will replace former Republican Sen. Ben Sasse who left the chamber. Pete Ricketts will be joining the US Senate, an appointment that caps his political comeback and cements his family, which owns the Chicago Cubs, as one of the most powerful forces in American politics. Sen. Deb Fischer, a two-term Republican incumbent and loyal ally of Senate Minority Leader Mitch McConnell, is also up for reelection then too. Along with owning the Cubs, the Ricketts family has long been among the biggest funders of Republican campaigns.

They’re offering more policy briefings to longtime supporters, Zoom calls with top administration officials and White House tours, too. "The $500,000 people like me, we’re not going to be players in 2024," said Dick Harpootlian, a longtime Democratic donor and South Carolina state senator. For the White House, the shift is an acceleration of a courtship campaign that began more modestly before the midterm elections. Amid concerns about the omicron variant last year, the White House was forced to abandon plans for a more full set of holiday parties. Some of those same people were invited to the White House next month for an in-person policy briefing.

☆ John Malone says he's skeptical of ad-supported content as Netflix, Disney roll out ad tiers
▼ + stars: | 2022-11-17 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Liberty Media Chairman John Malone told CNBC he's doubtful that adding commercials to long-form streaming content would help media companies be successful in the long run. Malone thinks that the important ingredient in achieving profitability is for streamers to move users from lower-priced tiers to higher-priced ones. The media magnate said Apple is focused on maintaining its high quality brand, while Amazon is still figuring out the optimum role that it can play as a bundler and as a promoter. But they want to make sure it doesn't damage their extremely high quality brand," Malone said. They're trying sports, they're trying content, they're trying ad supported content."

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