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☆ 'Business Leaders for Harris' campaign launches a podcast and website featuring Cuban, Hastings, Hoffman and more
▼ + stars: | 2024-10-04 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Democratic presidential nominee and U.S. Vice President Kamala Harris speaks onstage during a campaign event, in Las Vegas, Nevada, U.S., September 29, 2024. Business Leaders for Harris went live with a website early Friday that features online testimonials, both from small business owners and hugely successful entrepreneurs. We need someone who will bring us hope in a very tangible way and that is Kamala Harris," Chenault says in his testimonial. Business Leaders for Harris is a project of the Republican Accountability PAC, a progressive political action committee. In addition to donating money, Hoffman is hosting a new Business Leaders for Harris podcast.

Persons: Kamala Harris, Donald Trump, Harris, Mark Cuban, Reid Hoffman, Reed Hastings, Aaron Levine, Ken Chenault, Ken Frazier, Chenault, Hastings, Joe Biden, Biden, Hoffman, they're Organizations: Democratic, U.S, Republican, Donald Trump . Business, Dallas Mavericks, LinkedIn, Netflix, Former American Express, Merck, Trump ., Business, PAC, Commission, Harris, Cuban Locations: Las Vegas , Nevada, U.S, Hastings

A combination picture shows Republican vice presidential nominee U.S. Republican vice presidential nominee JD Vance and Democratic nominee Tim Walz will debate Tuesday night in New York City, for their sole face-to-face showdown of the 2024 election. Vance, a 40-year-old who represents Ohio in the U.S. Senate, was tapped as the running mate of former President Donald Trump shortly before the Republican National Convention in July. Vice President Kamala Harris, who became the Democratic nominee after President Joe Biden quit the election in mid-July, picked the Minnesota governor Walz as her running mate in early August. CNBC reporters will be live blogging Tuesday's campaign news from New York City, Washington, San Francisco and Englewood Cliffs, N.J.

Persons: J.D, Vance, Donald Trump's, Tim Walz, JD Vance, Norah O'Donnell, Margaret Brennan, Donald Trump, Kamala Harris, Joe Biden, Walz, Trump, Harris Organizations: U.S, Minnesota, Earth Rider, Republican, Democratic, CBS, CNBC, NBC News, U.S . Senate, Republican National Convention Locations: Grand Rapids , Michigan, U.S, Superior , Wisconsin, New York City, Ohio, New York City , Washington, San Francisco, Englewood Cliffs, N.J

☆ Eric Adams federal probe hones in on little-known Turkish businessman
▼ + stars: | 2024-09-26 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

Federal prosecutors have honed in on ties between New York City Mayor Eric Adams and little-known Turkish businessman Enver Yucel, CNBC has learned from the indictment and other public records, including campaign finance documents. A federal indictment unsealed on Thursday describes a 2021 campaign fundraising scheme involving Adams, his team and a person only identified in the indictment as "Businessman-1." An August 2015 letter from New York's conflict of interest board approving the travel, lists Bahcesehir as the only university helping pay for the trip. The City reported that Adams met with Yucel in December 2015 as part of his second trip that year to the country. A spokesman for Adams referred CNBC to his personal attorneys who did not return requests for comment.

Persons: Eric Adams, Enver Yucel, Adams, Yucel Organizations: New York City, CNBC, Bahcesehir University, Bay Atlantic University, The City, Yucel Locations: New, Turkish, Turkey, Washington ,, Brooklyn, The

☆ Koch network backed Mark Robinson, embattled North Carolina GOP Gov. candidate
▼ + stars: | 2024-09-23 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Mark Robinson, Lieutenant Governor of North Carolina and candidate for Governor, delivers remarks prior to Republican presidential nominee former President Donald Trump speaking at a campaign event at Harrah's Cherokee Center on August 14, 2024 in Asheville, North Carolina. The political network largely funded by billionaire industrialist Charles Koch has been quietly backing North Carolina Lt. Gov. Mark Robinson despite a litany of controversies, according to records uncovered by CNBC. Though Robinson has denied he wrote the scores of posts, at least four of his top aides from his North Carolina gubernatorial campaign resigned within days of the report's publication. The move by Americans for Prosperity to back Robinson from a policy perspective surprised some North Carolina Republican strategists.

Persons: Mark Robinson, Donald Trump, Charles Koch, Koch, Robinson, It's, Sen, Ted Budd, Josh Stein, We've, Jonathan Bridges, Mark Walker Organizations: Governor, Republican, Cherokee Center, Gov, CNBC, Prosperity, CNN, North, North Carolina gubernatorial, National, Republican Governors Association, North Carolina Republican, Labor Locations: North Carolina, Asheville , North Carolina

☆ Trump's promise to repeal SALT caps revives the fight on Capitol Hill
▼ + stars: | 2024-09-20 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

The SALT deduction allows tax payers to deduct up to $10,000 of property, sales or income taxes that have already been paid to state and local governments. Historically, most of the tax payers who claim the deduction reside in high tax states such as New York, Connecticut, New Jersey and California. There was no cap on SALT prior to the Trump tax bill. Some of those recent conversations have featured Trump's new stance on bringing back the full SALT deduction, despite his bill being the cause for the $10,000 cap. Rep. Young Kim, R-Calif., told CNBC in a statement that the SALT cap is "hurting" her constituents and said Trump's most recent take on SALT shows he's listened to "Americans across the country hurting from the SALT cap."

Persons: Josh Gottheimer, Donald Trump's, Trump, Andrew Garbarino, Garbarino, Anthony D'Esposito, Nick LaLota, Jason Smith, Smith, Young Kim, he's, Kim, they'll Organizations: United States Capitol, Republicans, Senate, Capitol, New York Republicans, CNBC, Democrats, The New, The New Jersey House, Democratic Locations: Washington ,, New York , Connecticut , New Jersey, California, The, The New Jersey

☆ Harris raises $47 million in 24 hours after Trump debate
▼ + stars: | 2024-09-12 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

US Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign rally at the Bojangles Coliseum in Charlotte, North Carolina, on September 12, 2024. Vice President Kamala Harris raised $47 million in the first 24 hours following her Tuesday night debate against former President Donald Trump, a Harris campaign spokesman told CNBC. The newest Harris fundraising numbers mark the latest blow for the Trump campaign, which has been lagging behind Harris in the fundraising game. The Harris political operation recently announced that it raised $361 million in August, more than double the $130 million Trump's team raised last month. The news of Harris' $47 million day was first reported by The New York Times.

Persons: Kamala Harris, Donald Trump, Harris, Joe Biden, Walz, Trump Organizations: Democratic, Bojangles, CNBC, ABC News, Republican, ABC, Harris, The New York Times Locations: Charlotte , North Carolina, Philadelphia

☆ JD Vance's Wall Street allies raise millions for the Trump campaign
▼ + stars: | 2024-09-11 | by ( Brian Schwartz | ) www.cnbc.com time to read: +7 min

Wall Street relationshipsOne of Vance's earliest interactions with Wall Street came shortly after the November 2016 presidential election, when he headlined a lunch in New York to discuss his newly published memoir. John Underwood, a longtime managing director at Goldman Sachs, encouraged his allies to support and raise money for Vance's Senate campaign, according to people familiar with the matter. He told them the Trump campaign would need "hundreds of millions of dollars" to compete with Vice President Kamala Harris' fundraising surge. The Ohio Republican's opposition to Wall Street was on full display during the Republican National Convention in Milwaukee in July. "Wall Street barons crashed the economy and American builders went out of business," Vance said in his nomination acceptance speech.

Persons: Vance, Marco Bello, Sen, JD Vance, Donald Trump's, Scott Bessent, Morgan Stanley's Jonathan Burkan, Cantor Fitzgerald, Howard Lutnick, Norm Champ, Keith Rabois, Jacob Helberg, J.D, Champ, Sander Gerber, Gerber, Goldman Sachs, Ohio Republican Sen, Rob Portman, John Underwood, Underwood, Steve Case, Trump, Omeed Malik, Emil Henry, Henry, Bush, Ted Virtue, Woody Johnson, Clifford Sobel, Richard Kurtz, Kamala Harris, Harris, Malik, John Paulson, Reuben Jeffery III Organizations: Republican U.S, Reuters, Ohio, Trump, Vance, Securities and Exchange Commission, CNBC, Hudson, Hudson Bay Capital, Netflix, Allen & Company, Ohio Republican, Senate, AOL, Tiger Infrastructure Partners, New York Jets, Hamptons, Valor Capital, Rockefeller & Co, Wall, Republican National Convention Locations: Kenosha, Kenosha , Wisconsin, U.S, New York City, Hudson Bay, New York, Ohio, Sun Valley , Idaho, Washington, Milwaukee

☆ Presidential debate live updates: Trump and Harris face off in Philadelphia
▼ + stars: | 2024-09-10 | by ( Dan Mangan Kevin Breuninger Josephine Rozzelle Brian Schwartz Rebecca Picciotto Ece Yildirim | Dan Mangan | Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Republican presidential nominee and former U.S. President Donald Trump reacts during his "No Tax on Tips" campaign event in Il Toro E La Capra restaurant in Las Vegas, Nevada, U.S. August 23, 2024. (L), and Vice President Kamala Harris smiles as she speaks at her Presidential Campaign headquarters in Wilmington, DE, U.S., July 22, 2024. Republican presidential nominee Donald Trump will square off Tuesday against Vice President Kamala Harris, the Democratic nominee, in a prime-time debate that could alter the course of an unprecedented race for the White House. It will also be the first time Harris and Trump have ever met in person, just eight weeks before the Nov. 5 election. Polling averages indicate the race is effectively tied at the national level, while surveys of the key battleground states show Trump and Harris within a few points of each other, and well within the polls' margins of error.

Persons: Donald Trump, Toro, Kamala Harris, Harris, Trump Organizations: Republican, Democratic, White, ABC News, National Constitution Center, Trump Locations: Las Vegas , Nevada, U.S, Wilmington , DE, Philadelphia

☆ Inside the tax battles Tim Walz fought — and won — in Minnesota
▼ + stars: | 2024-08-13 | by ( Brian Schwartz | ) www.cnbc.com time to read: +6 min

Kevin Mohatt | ReutersSix years before Tim Walz was tapped to be Vice President Kamala Harris' running mate, he was busy running for governor of Minnesota. Eric Gibson, then president of Ultra Machining Company, recalled asking Walz whether the Democrat believed that high corporate and state taxes hurt workers. Minnesota currently taxes corporate income at 9.8%. The nonpartisan Tax Foundation says that's the highest corporate tax rate of any state in the nation. Minnesota Governor Tim Walz speaks next to Wisconsin Governor Tony Evers at Yellowjacket Union, at University of Wisconsin-Superior, in Superior, Wisconsin, U.S. March 2, 2022.

Persons: Kamala Harris, Tim Walz, Kevin Mohatt, Walz, Eric Gibson, Gibson, Geoff Baker, Baker, Douglas Loon, Kamala, Andrew Harnik, wasn't, Harris, Tony Evers, Evelyn Hockstein, Loon, Minn, Bill George, George said Walz, George Organizations: Democratic, Minnesota, Chippewa, Reuters, Ultra, Democrat, CNBC, McFarland Truck Lines, Foundation, Democrats, Senate, Minnesota Chamber of Commerce, Fortune, UnitedHealth, U.S, Gov, Getty, Minnesotans, Tax, Yellowjacket Union, University of Wisconsin, Mayo Clinic Locations: Eau Claire , Wisconsin, U.S, Minnesota, Gull Lake, McFarland Truck Lines . Minnesota, Gull, Glendale , Arizona, Wisconsin, Superior, Superior , Wisconsin, St, Paul, Rochester, Minn

Ronda Churchill | Afp | Getty ImagesEconomist Brian Deese has begun advising Vice President Kamala Harris as she develops her economic policy plan, according to three people familiar with the matter. Deese is a former director of President Joe Biden's National Economic Council and a fellow at MIT's Center for Energy and Environmental Policy Research. Harris is also working with Mike Pyle, a former deputy National Security Advisor for International Economics in the Biden White House, these people said. Director of the National Economic Council Brian Deese (L) and Vice President Kamala Harris (R) listen during the weekly economic briefing in the Oval Office at the White House on April 9, 2021 in Washington, DC. Along with Pyle and Deese, former senior Treasury official Brian Nelson is also advising Harris on policy.

Persons: Kamala Harris, Ronda Churchill, Brian Deese, Joe Biden's, Harris, Deese, Mike Pyle, Amr Alfiky, Pyle, Millison, Brian Nelson, Gene Sperling Organizations: Democratic, Thomas, Mack Center , University of Nevada, Afp, Getty, Economic Council, MIT's Center for Energy, Environmental, Research, National, International Economics, Biden White House, National Economic, White, BlackRock, CNBC, Ford Motor Co, Macro Advisory, Ford, Treasury, White House Locations: Las Vegas , Nevada, Ronda, Washington ,, BlackRock

Based on Trump's social media commentary, more about their relationship may be coming soon. Trump wrote in a post on Truth Social on Tuesday that the two will be speaking together publicly next week. Trump wrote. 'I have no choice'Since gaining Musk's support, Trump has returned the praise. On the day of Trump's speech in Nashville, Musk wrote "Save our kids!"

Persons: Elon Musk, Donald Trump, Evan Vucci, Donald Trump's, Trump, he'd, Elon, He's, Musk, What's, podcaster Jordan Peterson, they've, Kamala Harris, he's, it's, Joe Biden, Steven Cheung, Biden, Tesla wasn't, Tesla, Ron DeSantis, DeSantis, David Sacks, Trump's, CNBC's Joe Kernen, they're, Harris, Mark Fields, —, Fields, CNBC's Brian Sullivan, Giorgia Meloni, Javier Milei, Jair Bolsonaro, Narendra Modi, Benjamin Netanyahu, Kevin Mohatt, Kamala, Mike Moritz, Moritz, Brian Schwartz, Christina Wilkie Organizations: SpaceX, White, AP NASHVILLE, Bitcoin Conference, Elon, Music City Center, Trump, Republican, PAC, North Carolina Attorney General's, America PAC, ELON, Biden, General Motors, Ford, Musk, Tesla, Bitcoin, Italian, Indian, Capitol, Air Force, Joint Base Andrews, Financial Locations: Washington, Tenn, —, Nashville, Memphis , Tennessee, Pennsylvania, Michigan, tamp, Florida, Lago, China, U.S, Atlanta, Gaza, Wisconsin, Joint Base Andrews , Maryland, West Palm Beach , Florida, Silicon Valley

☆ North Carolina AG office eyes Elon Musk's pro-Trump PAC after voter data complaint
▼ + stars: | 2024-08-05 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

The America PAC is supporting Republican presidential nominee Donald Trump in the 2024 election against Vice President Kamala Harris, the de facto Democratic nominee. Wheeler alleged America PAC has broken state laws, according to a copy of the complaint reviewed by CNBC. "The America PAC is pretending to be running an online voter registration drive," Wheeler wrote. Representatives for the North Carolina State Board of Elections did not return requests for comment on Wheeler's complaint against America PAC. America PAC has spent over $100,000 on digital advertisements targeting voters in Pennsylvania since early July, according to AdImpact.

Persons: Elon Musk, Chuck Schumer, Donald Trump, Kamala Harris, Musk, Josh Stein, Stein, Jocelyn Benson, Benson's, CNBC's, David Wheeler, Wheeler, Madison Cawthorn, Lauren Boebert, Al Schmidt Organizations: Intelligence, Senate, U.S, Capitol, North Carolina Attorney General's, CNBC, Musk's America PAC, The America PAC, Democratic, SpaceX, PAC, North Carolina, Michigan, Sunday, America PAC, America, North Carolina Board, American, Republican, Rep, Colorado . Representatives, North Carolina State Board, Department Locations: Washington , U.S, America, North Carolina, Michigan, Georgia, Wisconsin, Colorado, Pennsylvania

☆ Elon Musk PAC being investigated by Michigan secretary of state for potential violations
▼ + stars: | 2024-08-04 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

A political action committee backed by billionaire Elon Musk is being investigated by the Michigan secretary of state's office amid efforts to collect voter data. Musk, the CEO of Tesla and SpaceX, has said he created and helped fund the America PAC, which is supporting former President Donald Trump. After clicking on the "register to vote" tab on America PAC's website, users in states like Michigan can submit a ZIP code, address and phone number. Jocelyn Benson, a Democrat, is Michigan's secretary of state and the lead election official in the state. The Republican National Committee has sued Benson and other Michigan Democrats at least twice this year, according to legal records.

Persons: Elon Musk, Benjamin Netanyahu, Donald Trump, Musk, Jocelyn Benson, Benson Organizations: SpaceX, Tesla, U.S, Capitol, America PAC, Forbes, CNBC, Michigan Attorney, Federal, Commission, Democrat, The Republican National Committee, Michigan Democrats Locations: Washington , U.S, Michigan

☆ How an Elon Musk-backed PAC is gathering data to boost Trump
▼ + stars: | 2024-08-02 | by ( Brian Schwartz | ) www.nbcnews.com time to read: +8 min

How do I start?”The ad then displays a website for a group called America PAC. “I have created a PAC, or a super PAC ... the America PAC,” Musk said in a recent interview. But what is unique about America PAC’s project is who is backing it and the timing of its creation. The America PAC raised over $8 million between April 1 and June 30, according to FEC records. He recently said on X that he is “making some donations to America PAC,” but did not say how much.

Persons: “, Donald Trump, Trump, they’ll, Elon Musk, Kamala Harris, ” Musk, Musk, ”, Brendan Fischer, Fischer, ” Fischer, Phil Cox, Generra Peck, Dave Rexrode, Doug Leone, Cameron, Tyler Winklevoss, Joe Lonsdale, Lonsdale, Harris, Daniel Weiner, Brennan, Matthew Baum, Baum, Weiner Organizations: Google, America PAC, Tesla, Republican, Democratic, Forbes, PAC, Facebook, YouTube, America, “ America PAC, Trump, The New York Times, FEC, Harvard Kennedy School Locations: Michigan, California, Wyoming, Pennsylvania, Georgia, Arizona , Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin, America, Trump

☆ How an Elon Musk PAC is using voter data to help Trump beat Harris in 2024 election
▼ + stars: | 2024-08-02 | by ( Brian Schwartz | ) www.cnbc.com time to read: +7 min

The ad then displays a website for a group called America PAC. "I have created a PAC, or a super PAC ... the America PAC," Musk said in a recent interview. But what is unique about America PAC's project is who is backing it and the timing of its creation. He recently said on X that he is "making some donations to America PAC," but did not say how much. Musk on X mirrors Musk PAC

Persons: Elon Musk, The Beverly Hilton, David Swanson, Donald Trump, Trump, they'll, Kamala Harris, Musk, Brendan Fischer, Fischer, Phil Cox, Generra Peck, Dave Rexrode, Doug Leone, Cameron, Tyler Winklevoss, Joe Lonsdale, Lonsdale Organizations: SpaceX, Tesla, The Beverly, Reuters, Google, America PAC, Republican, Democratic, Forbes, PAC, Facebook, YouTube, America, Trump, The New York Times, FEC Locations: Beverly Hills , California, U.S, Michigan, California, Wyoming, Pennsylvania, Georgia, Arizona , Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin

☆ Kamala Harris raised $310 million in July, dwarfing Trump haul for month
▼ + stars: | 2024-08-02 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

The presidential campaign of Vice President Kamala Harris said Friday that its political operation raised $310 million in July, dwarfing the tally raised for the Republican nominee Donald Trump in the same month. Harris' team raised the eye-popping sum between the campaign, the Democratic National Committee, and joint fundraising committees. Trump's team said its larger political organization, which includes the former president's campaign and joint fundraising committees, raised $138.7 million in July. Harris' massive fundraising haul underscores renewed enthusiasm from Democratic donors, some of whom were hesitant to open their checkbooks after Biden's disastrous debate performance against Trump in late June. "More than 3 million donors made over 4.2 million contributions – with more than 2 million donors making their first donation this cycle," the campaign said in a press release.

Persons: Kamala Harris, Donald Trump, Harris, Joe Biden, Trump's, Julie Chavez Rodriguez, tabling, Chavez Rodriguez Organizations: Democratic, Republican, Democratic National Committee, Democratic nominee's, Trump Locations: Atlanta , Georgia, DeKalb County, Pennsylvania, –

☆ Pennsylvania Gov. Shapiro cancels Hamptons trip, days before expected Harris VP reveal
▼ + stars: | 2024-08-01 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Josh Shapiro has cancelled a trip to the ritzy New York beach enclave of the Hamptons, as he's being considered to be Vice President Kamala Harris' running mate, according to a person with direct knowledge of the matter. "The Governor's trip was planned several weeks ago and included several fundraisers for his own campaign committee," Shapiro spokesman Manuel Bonder confirmed to NBC News. Shapiro has emerged as a favorite among some Harris advisers in part because he is so popular in the must-win swing state. Harris' campaign has already announced that she and her running mate will launch of a week of barnstorm campaigning on Tuesday in Philadelphia. The location has only fueled speculation that Shapiro could be that running mate.

Persons: Josh Shapiro, Gretchen Whitmer, Kamala Harris, Shapiro, Mike Kempner, Manuel Bonder, Harris Organizations: U.S, Democratic, Pennsylvania, ritzy, Hamptons, NBC News Locations: Ambler , Pennsylvania, U.S, York, Water Mill, N.Y, East Hampton, Philadelphia

☆ Harris considers VP picks and fundraising potential
▼ + stars: | 2024-07-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHarris considers VP picks and fundraising potentialCNBC's Brian Schwartz joins 'The Exchange' with new reporting about Kamala Harris' potential VP picks, the fundraising abilities of each, and more.

Persons: Harris, Brian Schwartz, Kamala Harris

☆ Top Biden advisor Anita Dunn will join pro-Harris super PAC
▼ + stars: | 2024-07-30 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

Anita Dunn, senior advisor to U.S. President Joe Biden, departs the White House in Washington, D.C., on Jan. 23, 2024. Senior White House advisor Anita Dunn is leaving her post next week to guide a massive political action committee that is supporting Vice President Kamala Harris' presidential campaign against former President Donald Trump, according to a senior White House official. In a statement, Biden praised Dunn as "tough and tested." "It's been an honor and privilege to serve in this White House, with this President and this team, during this transformational term. I am grateful to President Biden and Vice President Harris for their leadership and giving me the opportunity to be part of what they have accomplished for the American people," said Dunn in a statement to NBC News.

Persons: Anita Dunn, Joe Biden, Kamala Harris, Donald Trump, Dunn, Joe Biden's, Harris, Biden, It's Organizations: Washington , D.C, White, White House, PAC, The Washington, NBC News Locations: Washington ,

☆ Harris VP short list stacked with contenders who can raise big money
▼ + stars: | 2024-07-29 | by ( Brian Schwartz | ) www.cnbc.com time to read: +9 min

Both of these lawmakers have two things in common: they are among those being considered to be Vice President Harris' running mate and can help raise a boatload of money for her heading into November. Trump is raising big moneyDespite Harris' momentum, Trump is still raising a lot of money. The Harris campaign figures cannot be independently verified either, until Aug. 20, when her campaign disclose its financials. "Vice President Harris has directed her team to begin the process of vetting potential running mates," the Harris campaign said in response to a request for comment. Shapiro is one of the more moderate contenders to be Harris' running mate.

Persons: Kamala Harris, Vincent Alban, Josh Shapiro, Mike Kempner, Sen, Mark Kelly, Harris, Shapiro, Kelly, Tim Walz, Pete Buttigieg, Joe Biden, Donald Trump, Trump, JD Vance, Mike Belshe, Cantor, Howard Lutnick, Kempner, Kevin Mohatt, Mike Bloomberg, Jennifer Duda, Forbes, Duda, — Harris, luncheons, Amanda Andrade, Kyrsten Sinema, Walz, Sarah Traxler, Nicole Neri, Buttigieg, he's Organizations: West Allis Central High School, Reuters Pennsylvania Gov, Hamptons, CNBC, Minnesota, NBC News, Trump, Republican National Committee, Federal, Commission, U.S, Reuters, Pennsylvania, Bloomberg, New, Republican, Associated Press, Rhoades, Technology Inc, OpenSecrets, Employees, Microsoft, Apple, Federal Communications, National Education Association, International Brotherhood of Electrical Workers and International Brotherhood of Teamsters, Wall Street Democratic, Democratic, PAC Locations: West Allis , Wisconsin, U.S, York, R, Ohio, Silicon Valley, New Jersey, United States, Water, Pennsylvania, Philadelphia , Pennsylvania, California, New York, Israel, Gaza, Arizona, Washington , U.S, Mexico, Minnesota, Minneapolis , Minnesota

Trump, the Republican nominee for president, has raised more than $4 million from a mix of digital tokens, a campaign aide told CNBC. At least 19 donors contributed more than $2.15 million bitcoin to the committee, the filing shows. Brian Hughes, a Trump campaign aide, said that of the more than $4 million in crypto raised, most of it arrived in bitcoin. "While the Biden-Harris Administration stifles innovation with more regulation and higher taxes, President Trump is ready to encourage American leadership in this and other emerging technologies." Thus far, it appears the Trump campaign is mostly converting these contributions immediately to USDC and then liquidating the donations.

Persons: Donald J, Trump, Bill Pugliano, Donald Trump, Tyler, Cameron Winklevoss, Mike Belshe, Tyler Winklevoss, Eva Marie Uzcategui, he's, Marc Andreessen, Ben Horowitz, Brian Hughes, Kamala Harris, Hughes, Harris, shiba inu, Jesse Powell, Stuart Alderoty, Alderoty, David Sacks, Ryan Selkis, Sen, Elizabeth Warren, Warren, Ohio Sen, JD Vance, Vance Organizations: Van, Getty, NASHVILLE, Republican, CNBC, U.S, Trump, Republican National Committee, State Department, Gemini Trust, Bloomberg, Solana, Bitcoin, Music City Center, Democratic, Biden, Harris Administration, IRS, Libertarian National Convention, Ohio, Biden White, SEC Locations: Grand Rapids , Michigan, Tennessee, bitcoin, Miami , Florida, U.S, Nashville, San Francisco, USDC, Washington, Lago, Florida

☆ Democrats continue to see influx of funding following Harris pick
▼ + stars: | 2024-07-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDemocrats continue to see influx of funding following Harris pickCNBC’s Brian Schwartz and James Pethokoukis, economic policy analyst at the American Enterprise Institute, join 'The Exchange' to discuss the influx of donations to the Democratic party, implications for the presidential race, and more.

Persons: Harris, Brian Schwartz, James Pethokoukis Organizations: Email, American Enterprise Institute, Democratic

☆ Harris' Wall Street allies strategize on private call, Rubin, Lasry, Wolf among them
▼ + stars: | 2024-07-24 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

U.S. Vice President and Democratic presidential candidate Kamala Harris arrives to boards Air Force Two at Joint Base Andrews in Maryland, U.S. on July 24, 2024. Vice President Kamala Harris' allies on Wall Street huddled on a private Zoom call Wednesday to strategize how to defeat former President Donald Trump, according to people familiar with the matter. The call featured dozens of major financiers backing Harris, and lasted over an hour. Those who spoke to CNBC did so anonymously in order to speak freely about private matters. "We need to raise a ton of money," said someone on the call, describing the first portion of the conversation.

Persons: Kamala Harris, Donald Trump, Harris, Marc Lasry, Blair Effron, Ray McGuire, Robert Rubin, Tony Coles, Paul, Weiss, Brad Karp, Robert Wolf, Brian Mathis, Jon Henes, Joe Biden, Rufus Gifford Organizations: Democratic, Air Force, Joint Base Andrews, Avenue Capital, Centerview Partners, Lazard, C, Advisory, CNBC Locations: Maryland, U.S

☆ Kamala Harris' tech allies on track to raise over $100 million as they work to win over Silicon Valley skeptics
▼ + stars: | 2024-07-24 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

Vice President Kamala Harris' allies in the tech community have launched a behind-the-scenes lobbying campaign to convince wealthy donors to back her campaign for president, according to people familiar with the matter. Longtime investors Reid Hoffman and Ron Conway have been among Harris' allies in Silicon Valley privately calling on those in their networks to support the vice president over former President Donald Trump, these people explained. The conversations have been ongoing since Sunday, when President Joe Biden dropped out of the race and endorsed Harris, according to people who described the discussions to CNBC. Hoffman convinced Netflix chairman Reed Hastings to support Harris with a $7 million donation to a pro-Harris PAC, according to The Information. A source familiar with the lobbying push by Conway, Hoffman and others estimates that their efforts alone are on track to raise over $100 million from major tech industry donors.

Persons: Kamala Harris, Reid Hoffman, Ron Conway, Harris, Donald Trump, Joe Biden, Conway, Marc Andreessen, Ben Horowitz, Andreesen Horowitz, Hoffman, Reed Hastings, Hastings, Biden, congrats Organizations: CNBC, Trump, Netflix, Harris PAC, Democratic, Conway Locations: Silicon Valley, California

☆ Following the money: VP Kamala Harris sees surge in donations after Pres. Biden exits race
▼ + stars: | 2024-07-22 | by ( Brian Schwartz | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFollowing the money: VP Kamala Harris sees surge in donations after Pres. Biden exits raceCNBC's Brian Schwartz joins 'Squawk Box' with the latest developments in the 2024 presidential election.

Persons: Kamala Harris, Pres, Biden, Brian Schwartz

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