Andrew Cuomo plans to open a formidable fundraising network at Joe Biden



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One of the party's main donors who spoke to Cuomo advisers told CNBC: "Biden will conduct a tremendous fundraising operation via, in part, Cuomo".

Cuomo's support could change the game for Biden. While the former vice president has always led the Democratic primary polls, he is aggressively courting donors in order to catch up with an already cluttered primary field that has a head start in the fundraising game. funds. Data from the New York State Elections Council show that Cuomo has raised $ 100 million in campaign contributions since his first appointment as governor in 2010. At least 80% of his supporters have given him $ 10,000 or more, depending on records.

Cuomo's rich donor network covers the country and the business world. Former donors include movie mogul Steven Spielberg, Walmart heiress Alice Walton and hedge fund titan Steve Cohen. Cuomo has also received support from companies such as Cablevision, the real estate giant Dust Organization and Canadian real estate company Brookfield Asset Management.

A representative of Cuomo and the Biden campaign both refused to comment.

"I think it's [Biden] has the best chance of defeating President Trump, which, in my opinion, is the main objective here, "Cuomo said earlier this week.

Former Pennsylvania governor Ed Rendell also helps Biden and is expected to hold a fundraising event for the former vice president Thursday in Philadelphia.

Biden's rivals in the Democratic primary already have a quarter of the fundraiser in the books. Senator Bernie Sanders led the way with $ 18 million.

Some amass support from party funders. Mayor Pete Buttigieg has amassed at least two dozen Democratic fundraisers for his 2020 campaign, many of his killers being former supporters of former President Barack Obama and Hillary Clinton, CNBC reported. the first time. Senator Kamala Harris is reported to have more than 100 consolidators supporting her campaign for the presidency.

The democratic field, however, has a lot of ground to catch up with Trump. The president's campaign yielded $ 30 million in the first quarter.

Trump hosted Biden in the race on Thursday with a sarcastic tweet that insulted the intelligence of the former vice president and made fun of him as "Sleepy Joe".

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