Top Biden PAC Scoops Up Cash from Bloomberg, Soros-Funded Group, and Other Megadonors

Washington Examiner

The main super PAC supporting President Joe Biden‘s 2024 reelection campaign was cut large checks recently from Michael Bloomberg, a group bankrolled by George Soros, and other left-wing megadonors, new records show.

Future Forward, which can raise and spend unlimited sums to support Biden through advertising, hauled in $39.5 million in May, with roughly half of the money, $19 million, coming from ex-New York City Mayor Michael Bloomberg. The super PAC also received $5 million from the Soros-backed Democracy PAC and $6.6 million from James Simons, an investor who died one week after his donation, among other cash transfers, according to Federal Election Commission filings.

The haul comes one month after a Washington Examiner report on a mysterious and newly formed group linked to Democratic superlawyer Marc Elias funneling more than $2 million to Future Forward in April. But Future Forward, which has an affiliated nonprofit organization routing cash to the super PAC’s coffers, is also facing scrutiny from Democratic activists — some of whom say it is sitting on a large war chest but has taken limited steps to promote Biden’s agenda and platform.


Related posts