Search This Blog

Defying the Odds

Defying the Odds
New book about the 2016 election.

Thursday, January 2, 2020

Biden Bucks

In Defying the Odds, we discuss campaign finance and campaign technologyThe 2019 update includes a chapter on the 2018 midterms. 

Former Vice President Joe Biden raised $22.7 million in the fourth fundraising quarter of 2019, his campaign announced Thursday, his best number yet of the 2020 cycle-- figures that come a week after his campaign disclosed the names of their "bundlers", individuals that helped raised more than $25,000 for the candidate.
Biden’s current fundraising numbers put him third so far compared to other 2020 campaigns who have already released their numbers for the fourth quarter of 2019. Sen. Bernie Sanders announced a staggering $34.5 million in Q4, and former Mayor of South Bend, Ind Pete Buttigeig, who raised $24.7 million."Biden for President doubled its online fundraising and increased its overall fundraising by 49% compared to last quarter, demonstrating financial momentum at the same time as Vice President Biden’s lead nationally has grown," a press release sent out by the Biden campaign Thursday afternoon said.
Throughout his campaign, Biden has not shied away from high-dollar fundraisers and held more than 100 fundraisers in 2019 alone.
Late last month, following the lead of fellow candidates N.J. Sen. Cory Booker and former South Bend, Indiana Mayor Pete Buttigieg, the Biden campaign, released the names of more than 200 bundlers-- a group that spans well connected Hollywood figures such as movie executive Jeffrey Katzenberg and current or former elected officials that have endorsed Biden.
The bundlers include Delaware Senator Chris Coons, California Sen. Dianne Feinstein, Pennsylvania Sen. Bob Casey, Connecticut Gov. Ned Lamont, Louisiana Rep. Cedric Richmond, Detroit Mayor Mike Duggan and former Florida Rep. Patrick Murphy.
(MORE: Pete Buttigieg releases list of 113 bundlers for his campaign)
Former top Obama economic adviser Jeff Zients, International Association of Fire Fighters (IAFF) President Harold Schaitberger, and Amazon General Counsel David Zapolsky, are also on the list.