Wed. Nov 29th, 2023
Biden will raise money with his 2020 primary opponent Tom Steyer

(Bloomberg) — President Joe Biden will attend a fundraiser hosted by billionaire Tom Steyer, the investor and environmental activist who ran unsuccessfully in opposition to him within the 2020 Democratic presidential major, in response to an individual acquainted with the occasion.

Most learn from Bloomberg

The fundraiser is scheduled to happen on Wednesday, in response to the one that spoke on situation of anonymity, and is one among a collection of donor occasions for Biden throughout his journey west this week. He may have a further fundraiser in Arizona on Thursday.

On Tuesday, the president attended an occasion in Atherton, California, hosted by Medley Companions founder Mark Heising and Liz Simons, chairman of the Heising-Simons Basis.

Steyer is a distinguished Democratic donor and has made environmental points similar to local weather change a spotlight of his 2020 marketing campaign. He left the race in February 2020 after ending third within the South Carolina Democratic Occasion.

In August, Biden and his household vacationed at a Lake Tahoe house owned by Steyer. The White Home mentioned on the time that the Biden household was renting the house “for honest market worth.”

EARLIER: Biden rents Tahoe home from high 2020 major foe Steyer

Biden ramped up fundraising this month, forward of the September 30 quarterly fundraising deadline. Final week, throughout his go to to the UN Normal Meeting, he chaired 4 donor occasions in New York — a part of no less than 9 occasions he’ll attend earlier than the top of the month.

At one occasion, Biden’s hosts included Normal Catalyst Companions LLC Chairman and former American Categorical Co. CEO Kenneth Chennault and former Merck & Co. CEO Kenneth Chennault. Kenneth Frazier. Meals safety professional Amy Goldman Fowler hosted one other occasion on the house she shares together with her husband, Cary Fowler, who helped discovered the Svalbard World Seed Vault.

The president additionally attended an occasion with Broadway stars Lin-Manuel Miranda and Sara Bareilles, and a fundraising reception with distinguished New York legal professionals, together with Paul Weiss Rifkind Wharton & Garrison LLP Chairman Brad Karp and Mark Greenwald of Quinn Emanuel Urquhart & Sullivan.

Most learn from Bloomberg Businessweek

©2023 Bloomberg L.P

Leave a Reply

Your email address will not be published. Required fields are marked *