Mike Bloomberg gives $20 million to help Biden beat Trump

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Former New York mayor Mike Bloomberg, the billionaire entrepreneur and former Democratic presidential candidate, has given nearly $20 million to help President Biden’s reelection effort, according to people familiar with the donations.

The transfer of funds includes a $19 million check to FF PAC, a independent pro-Biden group also known as Future Forward, and a max-out donation of $929,600 to the Biden Victory Fund, an amalgamation of Biden campaign and Democratic Party committees.

Bloomberg endorsed Biden’s reelection Thursday in a statement to The Washington Post, in response to a request for comment on the donations.

“I stood with Joe Biden in 2020, and I am proud to do so again,” Bloomberg said.

These are the first public donations in the 2024 presidential race from the wealthy Republican-turned-Democrat, who has become a reliable source of major funding for Democrats in recent campaign cycles. The transfers were described…

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