The former New York mayor, who receive a presidential medal of freedom last month, has been one of the biggest Democratic donors in recent years
Former New York mayor Mike Bloomberg, the billionaire entrepreneur and former Democratic presidential candidate, has given nearly $20 million to help President Biden’s reelection effort, according to people familiar with the donations.
Bloomberg endorsed Biden’s reelection Thursday in a statement to The Washington Post, in response to a request for comment on the donations.These are the first public donations in the 2024 presidential race from the wealthy Republican-turned-Democrat, who has become a reliable source of major funding for Democrats in recent campaign cycles.
A partner group, Future Forward USA Action, which does not disclose its donors, spent $22 million on advertising to educate people about Biden’s record last year, according to the tracking firm AdImpact. Future Forward USA Action has also partnered with Climate Power to spend an additional $11 million in similar ads so far, including spots that are now running in swing states.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mayor Eric Adams announces $75M in funding to NYC public schools with declining enrollmentThe mayor also announced $20 million in funding to help extend the popular Summer Rising program.
Read more »
How Donald Sutherland missed a $20 million 'Animal House' payday‘Hunger Games’ actor Donald Sutherland dead at 88
Read more »
25 Problem-Solving Kitchen Products Under $20You're about to start wondering how you possibly used to function in the kitchen before these time-saving products.
Read more »
Hollywood Arby's closes after 55 years over California's $20 minimum wage“With inflation, food costs have gone way up and the $20-an-hour minimum wage has been the nail in the coffin,” said general manager Gary Husch.
Read more »
AT&T is raising prices: 10 unlimited plans are up to $20 more expensiveAT&T's latest price hike on 10 retired unlimited wireless plans increases the price by up to $20 depending on how many lines you have.
Read more »
Bitwise Predicts Crypto and AI to Boost Global GDP by $20 Trillion by 2030Crypto Blog
Read more »