Mike Bloomberg's presidential campaign pledged to transfer $18 million to the DNC.
Mike Bloomberg's presidential campaign Friday pledged to transfer $18 million to the Democratic National Committee, scrapping his campaign promise to launch a Super PAC if his presidential bid failed to instead boost the party's battleground efforts in November.
"Mike Bloomberg entered this race to ensure Democrats win – keeping the House blue, flipping the Senate, winning key state and local races, and taking back the White House – and this commitment through November helps do exactly that," the memo reads."By supporting the Democratic Party, we look forward to November and taking on our unified goal of beating Donald Trump.
"While we considered creating our own independent entity to support the nominee and hold the President accountable," the Bloomberg campaign said,"this race is too important to have many competing groups with good intentions but that are not coordinated and united in strategy and execution. Kate Bedingfield, deputy campaign manager of the Biden campaign, said the campaign welcomes Bloomberg's investment to ensure the"most dangerous president in modern history" is defeated.
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Bloomberg to give $18M to DNC; state parties get officesMike Bloomberg is transferring $18 million from his presidential campaign to the Democratic National Committee in the largest single such transfer ever. The transfer will help the DNC make up for some of the steep fundraising disadvantage when compared with its Republican counterpart, which routinely
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Bloomberg to give $18 million to DNC; state parties to get officesMike Bloomberg is transferring $18 million from his presidential campaign to the Democratic National Committee in what is the largest such transfer ever
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Bloomberg Moves $18 Million Into DNC CoffersI cover national politics for Forbes. Previously, I've written for TIME, Newsweek, the New York Daily News and VICE News. I also launched my own startup, Newsreel, a politics news platform for a young audience.
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DNC and fundraising affiliate raised $12.8M in FebruaryThe Democratic National Committee raised $12.8 million in February through its main account and a joint fundraising committee with state parties
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Bloomberg to give $18M to DNC; state parties get officesMike Bloomberg is transferring $18 million from his presidential campaign to the Democratic National Committee in the largest single such transfer ever. The transfer will help the DNC make up for some of the steep fundraising disadvantage when compared with its Republican counterpart, which routinely
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