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☆ Secret Bundlers, Sham Donations: Adams Is Faulted in Campaign Audit
▼ + stars: | 2024-08-02 | by ( Bianca Pallaro | Jay Root | ) www.nytimes.com time to read: +1 min

Three years ago, as Eric Adams was running for mayor of New York City, his campaign was raking in donations from a broad range of mysterious sources. There was the $201,330 delivered by unidentified intermediaries through 57 clusters of donations, some from people working at institutions with ties to Turkey. Their contributions are being scrutinized in a federal investigation focused in part on potentially unlawful foreign money flowing into campaign coffers. Then there was a set of unknown bundlers who gathered donations tied to Lian Wu Shao, whose family oversees the New World Mall in downtown Flushing, Queens. agents also searched two Bronx homes owned by a top Adams administration official, Winnie Greco, who helped organize fund-raisers at the mall for Mr. Adams.

Persons: Eric Adams, bundlers, Lian Wu Shao, Adams, Winnie Greco Locations: New York City, Turkey, Flushing , Queens, Queens

Vice President Kamala Harris is already seeing a wave of big money donor support following President Joe Biden dropping out of the race, with the help of bundlers who have assisted her in past races, according to people familiar with the matter. Lasry helped raise money for the vice president when she ran against Biden in the 2020 Democratic primary. Hoffman has donated at least $10 million to supportive Biden political action committees so far this election, according to Federal Election Commission records. The campaign filed the new name of their campaign, "Harris for President," with the FEC. That would come with the added risk of donors potentially deciding not to donate to the new campaign, Massoglia said.

Persons: Kamala Harris, Joe Biden, bundlers, Biden, Harris, Donald Trump, Marc Lasry, Lasry, Reid Hoffman, Hoffman, Doug Emhoff, Alexander Soros, George Soros, Stewart Bainum Jr, Anna Massoglia, Massoglia Organizations: Democratic, Senate, CNBC, Wall, Biden, Trump, Venture, Commission, New, New York Hamptons, Hamptons, Democratic Party, Choice, Convention, Democratic National Committee Locations: New York, Chicago

☆ Democratic megadonor Ron Conway took his concerns about Biden directly to Pelosi
▼ + stars: | 2024-07-12 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

Venture capitalist and Democratic megadonor Ron Conway has spoken directly with former House Speaker Nancy Pelosi about President Joe Biden's disastrous debate performance, according to three people familiar with the matter. Representatives for both Pelosi and Conway did not deny that the California Democrat and unofficial dean of the House Democratic caucus had spoken to Conway about Biden. "Like many others, since the debate Ron has had many conversations with Democratic party leaders and other major donors about the best path forward for victory. He's given over $400,000 to the Biden Victory Fund throughout the 2024 election cycle, according to Federal Election Commission records. Conway gave over $200,000 to the Nancy Pelosi Victory Fund during the 2022 congressional midterm elections, according to OpenSecrets.

Persons: Nancy Pelosi, Ron Conway, Joe Biden's, Conway, Donald Trump, Pelosi, Conway's, Biden, Ron, He's, Biden's, Kamala Harris, Trump, George Stephanopoulos, bundlers, Stewart Bainum Jr, he's, Abigail Disney, Disney Organizations: SV Angel, Conference, Venture, Democratic, CNBC, MSNBC, California Democrat, House Democratic, Trump, ABC News, Biden, Fund, Commission, House Democrats, Choice Locations: California, San Francisco , California, U.S, Silicon Valley, OpenSecrets, Chicago

☆ George Clooney, who hosted major fundraiser for Biden last month, says Democratic Party needs a new nominee
▼ + stars: | 2024-07-10 | by ( Michael Williams | ) edition.cnn.com time to read: +5 min

“I love Joe Biden,” Clooney wrote in a New York Times opinion piece. It comes as a handful of Democrats in Congress have also publicly demanded Biden step aside due to persistent concerns about his age and mental acuity. The fundraiser that Clooney headlined raised $28 million for Biden’s reelection campaign, the most for the Democratic Party from a single event in history. Joe Biden must step aside,” Reiner said in a post to social media platform X Wednesday in which he linked to Clooney’s op-ed. Joe Biden has effectively served US with honor, decency, and dignity.

Persons: George Clooney, Joe Biden’s, Biden, “, Joe Biden, ” Clooney, Clooney, Barack Obama, Joe “, ” Biden, wasn’t, ”, Chuck Schumer, Hakeem Jeffries, Nancy Pelosi —, Wes Moore, Kamala Harris, Gretchen Whitmer, Gavin Newsom, Andy Beshear, J.B . Pritzker, Clooney’s, Amal Clooney, Rob Reiner, Harris, ” Reiner, Reiner, CNN’s Betsy Klein Organizations: Washington CNN, New York Times, CNN, White, Congress, Democratic Party, Maryland Gov, Kentucky Gov, Illinois Gov, Democratic, Hollywood Democrat, NATO Locations: Hollywood, Michigan, California, Kentucky, Israel

☆ 'No one is picking up the phone': Joe Biden's fundraising confronts new hurdles after debate
▼ + stars: | 2024-07-08 | by ( Brian Schwartz | ) www.cnbc.com time to read: +7 min

U.S. President Joe Biden boards Air Force One at Dover Air Force Base in Dover, Delaware, U.S., June 20, 2024. Amanda Andrade-rhoades | ReutersPresident Joe Biden's fundraising operation started showing cracks in its once formidable armor, almost 10 days after his disastrous presidential debate performance. Some of Biden's campaign bundlers have stopped making calls to potential donors since the June 27 debate, according to people familiar with the matter. "No one is picking up the phone," said a well-connected Democratic fundraiser, who raises money for Biden and the Democratic Party. watch nowA Biden campaign spokesman did not return a request for comment.

Persons: Joe Biden, Amanda Andrade, Joe Biden's, bundlers, Biden, aren't, I'm, John Morgan, Morgan, reassurances, Nathan Howard, It's, Stewart Bainum Jr, Bainum, Sandy Bainum, Donald Trump, Trump, Ed Rendell, Rendell, Lisa Kabnick, Troutman Pepper, Kabnick, Jen O'Malley Dillon, Wes Moore, Disney, Abigail Disney, Joe Organizations: Air Force, Dover Air Force Base, rhoades, Democratic, Biden, Democratic Party, U.S, Reuters, Choice, CNBC, Fund, Democratic National Committee, Commission, Senate, Trump, Bloomberg, Former Pennsylvania, FEC, Maryland Locations: Dover , Delaware, U.S, Harrisburg , Pennsylvania, Maryland, Arizona , Georgia, Nevada, North Carolina, In Michigan, Wisconsin, Philadelphia

☆ Election Updates: Trump has rapidly eroded Biden’s edge in the 2024 cash battle.
▼ + stars: | 2024-06-21 | by ( Shane Goldmacher | Theodore Schleifer | ) www.nytimes.com time to read: +10 min

Overall, Mr. Trump was a daunting $100 million behind Mr. Biden at the start of April. And for the first time, Mr. Trump’s principal campaign committee had more cash than Mr. Biden’s: $116.5 million to $91.6 million. report does not translate to boots on the ground tomorrow,” Dan Kanninen, Mr. Biden’s battleground states director, said in an interview. So far, Mr. Biden has enjoyed a tremendous advertising advantage over Mr. Trump. Hopefully that changes as we get even closer.”For now, Mr. Biden is racing to replenish his coffers in June.

Persons: Donald J, Trump, Biden, outpacing, Trump’s, ”, Brian Derrick, ” Mr, Timothy Mellon, “ What’s, Dan Kanninen, Donald Trump, ” Steven Cheung, Mr, Joe, President Trump, Cheung, Jimmy Kimmel, Barack Obama, Erin Schaff, Nikki Haley, Haley’s, John Paulson, Stephen A, MAGA, Rufus Gifford, Mitt Romney, Barack Obama’s, Jon Reinish, He’s, Obama, Terry McAuliffe, Bill Clinton, — Andy Beshear, JB Pritzker, Gretchen Whitmer Organizations: Mr, Democratic National Committee, Republican National Committee, Trump, Biden, Democratic, Republican, The New York Times, Blackstone, Make, Inc, MAGA Inc, Hollywood, Illinois Locations: New York, Los Angeles, Trump’s Florida, Mar, AdImpact, Pennsylvania, Georgia, Virginia, Kentucky, Michigan, Atlanta

☆ 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

☆ Biden and Democratic Party apparatus raised $90 million in March
▼ + stars: | 2024-04-06 | by ( Mike Memoli | ) www.cnbc.com time to read: +3 min

Buoyed by an energetic State of the Union address to Congress and some extra presidential star power, the Biden campaign and its affiliated fundraising groups raised $90 million in March, nearly equaling what they raised in the first two months of 2024 combined. It comes as former President Donald Trump's campaign is only starting to kick its fundraising operation into high gear. Most of the $26 million raised for the March 28 "Three Presidents" fundraiser, which featured Presidents Joe Biden, Barack Obama and Bill Clinton as well as musical performances from Lizzo, Queen Latifah and others, came in over the course of March. The Trump campaign has not yet reported its March fundraising. The Biden campaign says that a majority of its fundraising has now come from "grassroots" donors, and it's embracing the contrast with Trump's weekend event.

Persons: Barack Obama, Bill Clinton, Joe Biden, Biden, Donald Trump's, Queen Latifah, Trump, John Paulson, It's, Donald Trump, Rob Flaherty, We've Organizations: Radio City Music Hall, Biden, Democrats, GOP, Trump, PAC, Republican National Committee Locations: New York City, Lizzo, Biden's, Palm Beach , Florida

☆ 'Almost impossible': Inside Biden's uphill battle to win the backing of key anti-Trump Republicans
▼ + stars: | 2024-04-04 | by ( Brian Schwartz | ) www.cnbc.com time to read: +9 min

There is already an effort underway by wealthy Biden donors to recruit Haley's bundlers and contributors. The Biden Victory Fund raises money for the Biden campaign, the Democratic National Committee and dozens of state parties. "Everyone, including Republican voters who reject Trump's chaos, division, and violence, has a home in President Biden's campaign," said Munoz, the Biden campaign aide. The ads will feature onetime Trump voters explaining why they decided not to vote for him again. A political action committee called "Haley Voters for Biden" is also trying to persuade Haley voters to support Biden, according to Semafor.

Persons: Joe Biden, Sara Stathas, Donald Trump, Biden, Nikki Haley's, Kevin Munoz, Haley, Trump, Nikki Haley, Allison Joyce Allison Joyce, Liz Cheney, Chris Christie, Cheney, Christie, Biden outraised Trump, Haley's bundlers, Haley bundlers, MAGA, X George Conway, Conway, Biden's, Munoz, Bill Kristol, Reagan, Team Biden, Bill Kristol Michael Brochstein, Mike Madrid, Chris Sununu, Joseph Prezioso Organizations: Hillside Boys, Girls Club, Bloomberg, Getty, Democratic, Republican Party, Republican, CNBC, Former U.S, United, REUTERS, Reuters, Democratic Biden, Trump, Biden, New, New Jersey Gov, Republicans, Democratic National Convention, CNN, Trump Republican, South, GOP, Biden Victory Fund, Fund, Democratic National Committee, Haley Republicans, WI, Team, Against Trump, Trump PAC, Lincoln, UN, New Hampshire, Winnacunnet, School, AFP Locations: Milwaukee , Wisconsin, Charleston , South Carolina, U.S, Wyoming, New Jersey, South Carolina, Madrid, Hampton , New Hampshire

☆ Trump turns to his 'old cast' to raise millions for 2024 and the PAC paying his legal bills
▼ + stars: | 2024-03-25 | by ( Brian Schwartz | ) www.cnbc.com time to read: +5 min

The hedge fund founder is hosting a splashy fundraising dinner for Trump April 6 at his house in Palm Beach, Florida. But Paulson is not the only GOP kingmaker who is privately gearing up to help Trump. "It's the old cast coming back together to take it across the finish line," said an advisor to one of Trump's bundlers. Many of these "old cast" members are business leaders who have been close to Trump for years. As for the money going to pay Trump's legal bills, at least some of the people attending the Paulson event don't seem to care.

Persons: Donald Trump, John Paulson, Mike Segar, Trump, Paulson, Republican megadonor Rebekah Mercer, Robert Mercer, Rebekah, Oliver Contreras, Rebekah Mercer, Todd Ricketts, Wilbur Ross, Small Business Administration Linda McMahon, Woody Johnson, Meredith O'Rourke, Susan Necheles, Brendan Mcdermid Organizations: Economic, of New, Reuters Veteran, CNBC, Trump, GOP, Republican, New York, The Heartland Institute, Washington Post, Chicago Cubs, Trump Commerce, Small Business Administration, Trump's, New York Jets, NBC News, Save America PAC, Republican National Committee, America, Former U.S, Reuters Trump Locations: of New York, Manhattan , New York, U.S, Palm Beach , Florida, Palm Beach, Trump, Washington ,, Trump's U.S, United Kingdom, Former, New York City

☆ Inside the Biden effort to recruit Nikki Haley donors to help defeat Donald Trump
▼ + stars: | 2024-03-19 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

U.S. President Joe Biden speaks during a campaign event at Pullman Yards in Atlanta, Georgia, U.S. March 9, 2024. "People I know who are generally business Republicans, they're going to hear from me" about helping Biden, Sloan said. A co-chair of the Biden campaign, Katzenberg has been trying to recruit wealthy Haley supporters into Biden's camp since at least February. Sloan and other Haley supporters have also heard from the Biden campaign's finance chair, Rufus Gifford, who said he belongs to a WhatsApp group called "Haley Supporters for Biden." The effort to win over Haley donors also got a boost when Trump threatened to blacklist Haley donors.

Persons: Joe Biden, Nikki Haley, Haley, Harry Sloan, Jeffrey Katzenberg, Sloan, Donald Trump, they're, Biden, Haley bundlers, Biden —, Trump, Katzenberg, Rufus Gifford, Haley Supporters, MAGA, Dave McCormick Organizations: Pullman, South Carolina Gov, Republican, CNBC, MGM, Biden, Trump, Commission, Pennsylvania GOP Locations: Atlanta , Georgia, U.S, Los Angeles

☆ Wall Street is overreacting to new sports joint venture, says EW Scripps CEO
▼ + stars: | 2024-02-08 | by ( Alex Sherman | ) www.cnbc.com time to read: +1 min

Local TV station owners including Sinclair, TEGNA and EW Scripps all saw their valuations plummet this week after Disney , Warner Bros. Discovery and Fox announced a new sports joint venture set to launch this fall. But Wall Street's reaction is overblown, according to EW Scripps CEO Adam Symson. This means consumers of the new bundle will be able to get their local news and sports from ABC and Fox. A spokesperson for the joint venture declined to comment.

Persons: Sinclair, TEGNA, Adam Symson, Symson, he's Organizations: Scripps, Disney, Warner Bros . Discovery, Fox, ESPN, TNT, CBS, NBC, ABC, wouldn't, CNBC, Affiliates, YouTube, Hulu, Live Locations: Phoenix, Detroit, Cleveland, Tampa

That's when Rep. Elise Stefanik, the hard-charging upstate New York Republican, came up, according to a person at the dinner table. At the thought of Stefanik as a possible choice for vice president, Trump nodded approvingly. "I'm not going to get into any of my conversations with President Trump. In New York, Stefanik is known as a frequent presence not only in her district but across the state — and someone who can easily be reached. Aside from Stefanik, Bannon ticked through his view of Trump's deep bench of potential VP picks.

Persons: Elise Stefanik, Joe Biden's, Donald Trump, Trump, Stefanik, Steve Bannon, Trump's, Mike Pence, Mitt Romney's, I'm, NBC's, Pence, Dan Goldman, —, Gerry Kassar, General Merrick Garland, Michael Cohen, Jack Smith's, MAGA, Bannon, Kevin Hern, Kristi Noem, Sarah Huckabee Sanders, Sen, Marsha Blackburn, Kari Lake, Nikki Haley, Haley, Stefanik's, Barack Obama, Gavin Wax, Elise, Wax, Roger Stone, Stone, She's, it's, It's Organizations: Capitol, Mar, Republican, New, New York Republican, Trump raved, Trump, Harvard, University of Pennsylvania, Massachusetts Institute of Technology, White, White House, NBC, New York, Conservative, House Republican Conference, GOP, Senate, South Dakota Gov, Wall, Fox, New York Young Republican Club, It's Trump Locations: Washington, WASHINGTON, New York, Stefanik, Iowa, Trump, York, Briarcliff Manor, N.Y, Lago, Arkansas, Arizona, Stefanik's New York

[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

His travel extended well outside of traditional hot spots for a primary campaign, including events in Wisconsin and Oklahoma. Now, DeSantis’ political operation says it is embracing his position as an underdog. But that leaves questions about one of the largest expenses on DeSantis’ first quarter fundraising reports: private travel. DeSantis’ campaign has paid nearly half a million dollars in travel expenses to a company that didn’t exist until two days before he launched his White House bid. In guidance to some donors and supporters, the campaign foreshadowed that they expect these interactions to show DeSantis’ “fiery” side.

Persons: Ron DeSantis, DeSantis, Donald Trump, ’, Generra Peck, pollster Ryan Tyson, Sam Cooper, Ethan Eilon, Nick Iarossi, ”, ” Iarossi, Peck, “, Adam Putnam, Trump, it’s, ” Iarossi siad, Elon, N2024D, Scott Wagner, Andrew Romeo, Bud Light, Dylan Mulvaney, Fox, Laura Ingraham, Don’t, ” Ingraham, Bud, “ They’re Organizations: CNN, Florida Gov, White, Trump, ”, N2024D, Tesla, New York Times, Republican, Fox, Disney, State Board of Education Locations: Florida, Utah, Park City, Tallahassee, Wisconsin, Oklahoma, Georgia, jetset, Miami, South Carolina

☆ 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

☆ DeSantis campaign tells nervous donors in leaked audio that voters will care more about a recession and Biden's age than the governor's anti-abortion record
▼ + stars: | 2023-05-27 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +6 min

Leaked audio from FloridaPolitics.com revealed that donors were concerned about DeSantis' abortion ban. The DeSantis campaign shared talking points with fundraisers over how to discuss the issue. Ron DeSantis campaign strategy as he kicks off his early state voting tour next week. Toward the end of the conversation, however, he acknowledged, "I totally understand how difficult that is when you're talking to a pro-choice donor." "I don't think if you're talking to a pro-choice voter you skip over it," he said.

☆ 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

☆ Disney rocks DeSantis ahead of expected White House bid announcement
▼ + stars: | 2023-05-19 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Disney did not specifically blame DeSantis for the move, partly citing “changing business conditions.” But the message was clear. In keeping with his bruising political persona, DeSantis reacted defiantly to Disney’s announcement that it would halt the office project. “Ron DeSantis’ failed war on Disney has done little for his limping shadow campaign and now is doing even less for Florida’s economy,” the Trump campaign said in a statement. Another possible GOP primary candidate, former Vice President Mike Pence, also leveraged the Disney announcement to jab DeSantis. Given his political exposure on Disney and the combative political image that is central to his White House hopes, DeSantis probably has no option but to further escalate the showdown.

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