Bloomberg to transfer $18M to DNC to defeat Trump

[mystery-ak]

Bloomberg to transfer $18M to DNC to defeat Trump
By Jonathan Easley - 03/20/20 11:27 AM EDT

Former New York City Mayor Michael Bloomberg will transfer $18 million to the Democratic National Committee (DNC) and plans to consolidate his massive campaign organization behind the national party in an effort to defeat President Trump in November.

Bloomberg, who spent more than $500 million on his own doomed campaign for the Democratic nomination, has endorsed former Vice President Joe Biden for president. Biden has opened up a big lead in delegates over Sen. Bernie Sanders (I-Vt.) and is widely viewed as the party’s likely nominee.

The $18 million donation from Bloomberg is $6 million more than the DNC raised in all of February and is nearly double the national party’s January haul.

more
https://thehill.com/homenews/campaign/488624-bloomberg-transfer-%2418m-DNC-defeat-Trump

[libertybele]

I'd like to know since Bloomberg is a "New Yorker" how much $$$ he has transferred to help his fellow citizens against the coronavirus?  How much money is he donating to hospitals, hospital workers, New Yorkers who are unemployed, masks, ventilators, etc?  No his interest is in defeating someone who is doing a phenomonal job in trying to get a handle and stay ahead of this virus.  Bloomberg is a total, genuine, arrogant, money grubbing freaking a**hole!

[mountaineer]

He could supply every soup kitchen in NYC with that money.

[Right_in_Virginia]

Bloomberg campaign hit with FEC complaint for $18M transfer to DNC
Fox News, Mar 29, 2020

EXCLUSIVE: A Federal Elections Commission complaint has been filed against former New York City mayor and 2020 presidential hopeful Mike Bloomberg for an $18 million transfer from his defunct campaign to the Democratic National Committee.

At the core of the complaint is the tenuous distinction between Bloomberg’s personal finances and those of his presidential campaign. The complaint is unique because of the nature of Bloomberg's self-funded campaign. He took no outside donations and maintained complete control over the campaign's finances, and the complaint argues this weakens the legal distinctions normally found between campaign cash and a candidate's personal wealth.

Bloomberg’s ill-fated foray into the 2020 presidential race saw him spend more than $900 million of his own money, according to FEC filings. After he suspended his campaign and endorsed Joe Biden, Bloomberg announced he’d be transferring $18 million to the DNC and the campaign’s field offices to state Democratic parties. The complaint alleges that both far exceed FEC limits on campaign contributions.

“Allowing these kinds of contributions is everything we’ve said no to in 40 years of campaign finance jurisprudence,” said Dan Backer, the man who filed the complaint through his pro-Trump Great America PAC. “Never has this been okay at the federal level.”

Backer, who has filed several FEC complaints and subsequent lawsuits against prominent Democratic politicians, said he expects the board members to agree with his assessment of Bloomberg’s contribution to the DNC.

“If you allow Bloomberg to do this, you’re giving democracy to a billionaire oligarch,” Backer said. “… Having been unable to buy voters, he’s doing the next best thing and buying the party itself.”

Despite a number of attempts to contact several members of Bloomberg’s campaign team, they declined to provide comment to Fox News.


https://www.foxnews.com/politics/bloomberg-campaign-hit-with-fec-complaint-for-18-million-transfer-to-dnc

[libertybele]

He could supply every soup kitchen in NYC with that money.

Think of all the masks and ventilators he could provide.

[Hoodat]

Looks like Bloomberg exceeded the FEC pre-convention campaign finance limit by $17,997,700.  Maybe he should be prosecuted like Dinesh D'Sousa?

[Fishrrman]

Mini Mike sure turned out to be a "little" man, didn't he...?