Bloomberg courts wealthy donors for their influence, not money - News Summed Up

Bloomberg courts wealthy donors for their influence, not money


(CNN) Michael Bloomberg may not need other people's money to fund his bid for the White House. In addition to building support, these Bloomberg advocates are bolstering another message Bloomberg and his team have conveyed at private events with the candidate. The posture isn't overtly "please don't donate to other candidates" but that's clearly the strategy, said three wealthy donors familiar with the Bloomberg effort. One recent event -- inside a wealthy supporter's home in New York City -- drew attendees who were backing other moderate Democratic candidates, including Biden and Buttigieg. The Biden campaign is "not at all discouraged by what we see in terms of money coming in," one aide said in a phone call with reporters Friday.


Source: CNN February 08, 2020 20:15 UTC



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