Michael Bloomberg Donates $20M To Biden Campaign

The New York Times reports:

Michael R. Bloomberg, who is the former mayor of New York City and a Democratic megadonor, has donated nearly $20 million to support President Biden’s re-election campaign, a Bloomberg representative said.

Mr. Bloomberg gave $19 million to Future Forward, the main Democratic super PAC supporting Mr. Biden, and $929,600 to the Biden Victory Fund. “I stood with Joe Biden in 2020, and I am proud to do so again,” Mr. Bloomberg said in a statement.

Mr. Bloomberg, who spent $1 billion of his own money on his failed presidential campaign in 2020, ultimately backed Mr. Biden in the Democratic primary that year and was a significant financial supporter of his campaign.

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“Despite all these controversies lately about Biden’s age, people are still willing to spend a lot of money to get him elected,” says @JimPethokoukis after Mike Bloomberg donated $20 million to the Biden campaign. “There’s some meaning to that.” pic.twitter.com/S92fdKzMYy

— Last Call (@LastCallCNBC) June 20, 2024