It will be a high-profile event.
A significant fundraising event for President Joe Biden’s campaign is on the horizon in Los Angeles, featuring former President Barack Obama and Hollywood stars George Clooney and Julia Roberts. Scheduled for mid-June, this star-studded affair aims to bolster Biden’s fundraising efforts amid competition from Donald Trump and the Republican National Committee, who seek to close the cash gap now that Trump has secured the nomination.
The event is anticipated to engage grassroots donors through a social media contest involving Clooney and Roberts, alongside other celebrities and surrogates. Both Academy Award winners will contribute their names to campaign emails and text messages, encouraging contributions from supporters.
Similar to a recent successful fundraiser in New York City with Obama and former President Bill Clinton, which raised a record-breaking $26 million, the Los Angeles event is poised to attract substantial donations. Biden’s campaign has maintained a financial advantage over Trump’s, enabling investments in infrastructure and staff in battleground states.
While Trump’s fundraising efforts are expected to intensify post-nomination, Biden’s campaign remains confident in its fundraising momentum. Despite a decline in high-dollar fundraisers featuring Biden and other surrogates, such as Obama, the campaign continues to leverage small-dollar donations effectively, with Obama’s involvement yielding over $17 million in the past year.
Looking ahead, Obama is anticipated to participate in fundraisers for Democratic committees and initiatives, further supporting Biden’s reelection efforts. As both campaigns navigate the evolving fundraising landscape, the upcoming Los Angeles event represents a pivotal moment in Biden’s quest for financial support.
