Joe Biden set to be hosted by former Blackstone executive Tony James for a lucrative campaign fundraising event.
President Joe Biden is heading to New York City next week for a potentially lucrative campaign fundraising swing as he amasses an early cash pile for his reelection bid, CNBC has learned.
Former Blackstone executive Tony James will first host Biden for a campaign fundraiser at his New York apartment on May 10. After the James gathering, Biden will then head to a campaign fundraising dinner at the Upper East Side home of George Logothetis.US President Joe Biden speaks about the creation of new manufacturing jobs at the Washington Hilton in Washington, DC, April 25, 2023. - Biden announced Tuesday his bid "to finish the job" with re-election in 2024.
Former Blackstone executive Tony James will first host Biden for a campaign fundraiser at his New York apartment on May 10, according to a memo to donors first reviewed by CNBC. Tickets for the gathering will go for $25,000 per person, according to the memo. Transportation Secretary Pete Buttigieg is also expected to attend, the memo says.
After the James gathering, Biden will then head to a campaign fundraising dinner at the Upper East Side home of George Logothetis, the executive chairman of the global conglomerate the Libra Group, according to a person with direct knowledge of the matter.he would run for reelection next year. They signal early support for the incumbent among wealthy Democratic donors, even as some of the party's voters say they would prefer an alternative to the president.
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