Top Biden PAC scoops up cash from Bloomberg, Soros-funded group, and other megadonors
By
Gabe Kaminsky
June 22, 2024 3:00 am
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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.
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https://www.washingtonexaminer.com/news/campaigns/3054854/top-biden-pac-bloomberg-soros-megadonors/
