President Biden is back in California to tap into the state’s political ATM after former President Trump’s successful fundraising swing through the Golden State. The president is teaming up with Hollywood heavyweights for a star-studded fundraiser that is already breaking records.
With less than five months until the November election, late-night TV host Jimmy Kimmel will interview Biden and former President Obama at the event, which has raised over $28 million and counting. This makes it the biggest fundraiser in Democratic Party history, surpassing the previous record set at Radio City Music Hall.
Meanwhile, Trump hauled in over $50 million at a fundraiser in Florida, setting a new record for the most money raised at a single event. Both candidates have been focusing on California to boost their campaign coffers, with Biden and Trump raising more money in the state than any other this election cycle.
Tickets for the gala in Los Angeles ranged from $250 to half a million dollars, offering special access and photo opportunities with Biden and Obama. Trump’s team reported raising roughly $27.5 million from fundraisers in California and Las Vegas, with an additional $6 million raised for outside groups supporting his campaign.
While Trump’s fundraising efforts were fueled by top-dollar GOP donors, Biden’s event is backed by the Democratic Hollywood machine. The entertainment industry has a long history of supporting Democratic candidates, and Biden has been making up for lost time with major fundraisers hosted by industry heavyweights.
As the two candidates face off in their 2024 election rematch, the race for campaign cash is heating up. Trump’s campaign and the Republican National Committee raised more than Biden and the Democratic National Committee for the first time in April, with both sides capitalizing on recent events to boost their fundraising efforts.
While Trump will be meeting with “everyday Americans” in Michigan this weekend, Biden will be attending the glitzy Hollywood fundraiser with his celebrity supporters. The Trump campaign criticized Biden for skipping a peace conference on Ukraine to attend the fundraiser, with Vice President Kamala Harris representing the U.S. at the talks.
As the 2024 campaign trail heats up, both candidates are pulling out all the stops to secure the funding needed for a successful election bid. Stay tuned for more updates from the campaign trail.
