As Biden joins 2020 race, a network of big-money Obama donors jumps in with him

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As Biden joins 2020 race, a network of big-money Obama donors jumps in with him
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Joe Biden entered the 2020 race with a unique fundraising advantage, which also serves as a test for Democrats wary of big money.

By Michelle Ye Hee Lee Michelle Ye Hee Lee National political enterprise and accountability reporter covering money and influence in politics Email Bio Follow May 1 at 12:09 PM The former vice president appeared relaxed and energized, greeting by first name many who had gathered at the Philadelphia home of a Comcast executive just hours after the launch of his 2020 presidential campaign.

“I think what Joe Biden has to recognize is that it’s not 2008 anymore, and people are paying attention to where the money that funds you comes from,” said Charles Chamberlain, chairman of the liberal political action committee Democracy for America. Biden’s connections to wealthy donors could also place pressure on other Democrats to step up their big-money fundraising. The staff of former U.S. Rep. Beto O’Rourke , for example, previously noted they have not yet held private fundraisers. But O’Rourke is scheduled to meet privately with donors on May 13 in New York City.

Kessler, a friend of the Biden family, said about 175 people attended the event, and “in terms of Philadelphia and Pennsylvania, it seemed like every major Obama, Clinton fundraiser without exception was there.” Some longtime Obama bundlers are helping Buttigieg at the urging of former Obama campaign operatives.

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