February 01, 2020

Biden Digs Deep Into Wall Street Rolodex to Brace for Fight
(Bloomberg) -- Joe Biden’s campaign has added big-name Democratic fundraisers to the candidate’s national finance committee, including billionaire Penny Pritzker and Avenue Capital Croup’s Marc Lasry, as it braces for a protracted fight for the Democratic nomination.Muddied or close results in the first few contests paired with multiple candidates who have signaled plans to stay in the race indefinitely drag the nominating contest deep into the year, and Biden’s camp argued Friday that it’s ready for the fight.“The VP remains in a strong position to perform well in the first four states and on Super Tuesday, but we’re also planning for an extended process into the summer,” campaign manager Greg Schultz said in a memo to Biden supporters, hinting that the campaign expects Bernie Sanders will stay in the race at least until the end of the primary calendar, even if he doesn’t have a delegate advantage.“Monday’s contest begins the process, it doesn’t end it,” Schultz said. “And, it’s a process we are fully prepared and well-positioned to win.” After falling behind top opponents in raising money, January has been Biden’s “strongest month of fund raising since launch,” he said, with much of the growth coming online.Setting the BarWhile Schultz’s memo could be interpreted as an effort to lower expectations ahead of an uncertain showing on Monday, so he could tout the results if Biden does reasonably well, it could also be seen as an effort to head off panic among Biden’s supporters should he perform poorly.For months, Biden’s top aides have stressed that their strategy doesn’t rely upon wins in Iowa or New Hampshire as much as it does on strong performances later in February in Nevada and South Carolina, and on Super Tuesday, March 3. But before Biden began falling behind Sanders in a variety of national and key-state polls, they hadn’t acknowledged the possibility that the nomination fight would stay competitive deep into the primary calendar.Currently, Biden trails Sanders in the RealClearPolitics polling average.In Iowa, Biden and his team are expecting a close finish, the candidate insisted. “I think it’s going to be just a tossup here. It has been all the way along,” Biden told reporters in Mount Pleasant at the end of a day of campaigning that took him to small events in three towns in the southeastern corner of the state.Calendar Favorable?Still he projected optimism, even as operatives and pundits in Iowa have become more skeptical about his chances. “I’ve said from the beginning I expect to do well. I probably shouldn’t tell you that, but I expect to do well,” he said.However Monday night’s caucuses turn out, Biden said he doesn’t see those results defining the race – at least for him if he doesn’t win. “It’s not as consequential in one sense as it has been in years past,” he said. New Hampshire will be “a real uphill race as it always is for a non-New Englander.” Both Sanders and Warren are from neighboring states.The calendar becomes more favorable to him after that. “I feel very strongly that we have a great firewall in South Carolina. I think we’re in a position where we’ll do very well in Nevada,” he said.Big-Name FundraisersIn addition to teasing a strong fundraising announcement as January comes to a close, Schultz big-name Democratic fundraisers who have joined Biden’s finance committee, including Pritzker, the former U.S. Commerce Secretary; former Ambassadors Jane Hartley and Rufus Gifford; Lasry, chairman and CEO of Avenue; Mark Gallogly, managing principal and co-founder of private equity firm Centerbridge Partners; Blair Effron, co-founder of investment banking firm Centerview Partners; and Alex Heckler, founding and managing partner of LSN Partners, a Miami Beach-based consulting firm.Schultz said he anticipates there will be only a small difference between the number of delegates among the top candidates after the Iowa and New Hampshire contests. That will benefit Biden, who has led polls of South Carolina by double-digits for months. To help with delegate strategy, Biden’s campaign has hired David Huynh, a veteran of Hillary Clinton’s 2016 campaign and Kamala Harris’s campaign, as delegate adviser. Schultz said that having Huynh, a top expert on delegate strategy, on board will be an “enormous advantage.”(An earlier version correctged the affiliation of Blair Effron.)(DISCLAIMER: Michael Bloomberg is also seeking the Democratic nomination for president. Bloomberg is the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News.)(Recasts first paragraph.)To contact the reporter on this story: Jennifer Epstein in Mount Pleasant, Iowa at jepstein32@bloomberg.netTo contact the editors responsible for this story: Wendy Benjaminson at wbenjaminson@bloomberg.net, Magan CraneFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Latest News
Top news around the world
Coronavirus Disease

Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus.

Most people infected with the COVID-19 virus will experience mild to moderate respiratory illness and recover without requiring special treatment. Older people, and those with underlying medical problems like cardiovascular disease, diabetes, chronic respiratory disease, and cancer are more likely to develop serious illness.

Around the World

Celebrity News

> Latest News in Media

Watch It
Devin Booker Avoids Kardashian Kurse As Him and Kendall Mark One Year Anniversary | TMZ TV
June 16, 2021
Byruw-y8CDs
Lil Pump Says Migos Definitely Belongs on Rap's Mt. Rushmore | TMZ
June 16, 2021
e9hnkhJZEQM
Drake, Future Party with Gunna at His Celeb-Packed 28th Birthday Bash | TMZ TV
June 16, 2021
JL_sya_rn0o
The Production Design Behind 'Dickinson': Blending Classic With Contemporary
June 16, 2021
mxKXM8nYp-g
Billy Porter & Uzo Aduba on ‘Pose,’ ‘In Treatment,’ and Reinventing Typecasts | Actors on Actors
June 16, 2021
phyozCD894A
Jean Smart & Bowen Yang on the 'Iceberg' Sketch, 'Hacks' and 'Watchmen' | Actors on Actors
June 16, 2021
GV1BrKFClXg
Padma Lakshmi’s new beau revealed to be writer Terrance Hayes | Page Six Celebrity News
June 16, 2021
8rMCC3vQTuE
Emily Ratajkowski’s crop top is a wardrobe malfunction waiting to happen | Page Six Celebrity News
June 16, 2021
_2cFIjD247I
Kelly Dodd, Braunwyn not returning to ‘Real Housewives of Orange County’ | Page Six Celebrity News
June 16, 2021
C9mbrK_FdZw
"How It Ends" Official Trailer
June 17, 2021
yk5oPPu--3M
Jana Kramer Is Focused on Healing, Her Kids & Sold Wedding Ring | Daily Pop | E! News
June 17, 2021
0IsQ3Qb5kHg
Victoria's Secret Clips Angel Wings & Rebrands With Priyanka Chopra | Daily Pop | E! News
June 17, 2021
o3IXFZBlBGQ
TV Schedule
Late Night Show
Watch the latest shows of U.S. top comedians

Sports

Latest sport results, news, videos, interviews and comments
Latest Events
19
Nov
ASIAN CHAMPIONS LEAGUE: Group H
Sydney FC - Shanghai SIPG
17
Nov
UEFA NATIONS LEAGUE A: Group Stage
Spain - Germany
14
Nov
UEFA NATIONS LEAGUE A: Group Stage
Germany - Ukraine
08
Nov
ENGLAND: Premier League
Manchester City - Liverpool
08
Nov
ENGLAND: Premier League
Arsenal - Aston Villa
08
Nov
SPAIN: La Liga
Valencia - Real Madrid
08
Nov
ITALY: Serie A
AC Milan - Verona
08
Nov
ENGLAND: Premier League
West Bromwich Albion - Tottenham Hotspur
08
Nov
ITALY: Serie A
Bologna - Napoli
08
Nov
ITALY: Serie A
Genoa - Roma
08
Nov
ITALY: Serie A
Atalanta - Inter Milan
08
Nov
ITALY: Serie A
Lazio - Juventus
08
Nov
GERMANY: Bundesliga
Bayer Leverkusen - Borussia Monchengladbach
08
Nov
ENGLAND: Premier League
Leicester City - Wolves
08
Nov
GERMANY: Bundesliga
Wolfsburg - Hoffenheim
08
Nov
SPAIN: La Liga
Real Valladolid - Athletic Bilbao
08
Nov
SPAIN: La Liga
Levante - Alaves
08
Nov
SPAIN: La Liga
Real Sociedad - Granada CF
08
Nov
ITALY: Serie A
Torino - Crotone
08
Nov
SPAIN: La Liga
Getafe - Villarreal
07
Nov
GERMANY: Bundesliga
Borussia Dortmund - Bayern Munich
07
Nov
ENGLAND: Premier League
Everton - Manchester United
07
Nov
ENGLAND: Premier League
Chelsea - Sheffield United
07
Nov
SPAIN: La Liga
Atletico Madrid - Cadiz
07
Nov
SPAIN: La Liga
Barcelona - Real Betis
07
Nov
GERMANY: Bundesliga
Augsburg - Hertha Berlin
07
Nov
GERMANY: Bundesliga
Stuttgart - Eintracht Frankfurt
07
Nov
GERMANY: Bundesliga
RB Leipzig - SC Freiburg
07
Nov
ENGLAND: Championship
Rotherham - Preston NE
07
Nov
ITALY: Serie A
Parma - Fiorentina
07
Nov
ENGLAND: Championship
Watford - Coventry
07
Nov
ENGLAND: Championship
Norwich City - Swansea City
07
Nov
ENGLAND: Championship
Blackburn - QPR
07
Nov
ENGLAND: Championship
Derby County - Barnsley
07
Nov
ENGLAND: Championship
Huddersfield - Luton
07
Nov
ENGLAND: Championship
Nottingham Forest - Wycombe Wanderers
07
Nov
ENGLAND: Premier League
West Ham United - Fulham
07
Nov
ENGLAND: Championship
Sheffield Wednesday - Millwall
07
Nov
ENGLAND: Championship
Brentford - Middlesbrough
07
Nov
ENGLAND: Championship
Birmingham - Bournemouth
07
Nov
SPAIN: La Liga
Sevilla - Osasuna
07
Nov
ITALY: Serie A
Benevento - Spezia
07
Nov
ENGLAND: Premier League
Crystal Palace - Leeds
04
Nov
CHAMPIONS LEAGUE: Group stage, Group G
Ferencvaros - Juventus
04
Nov
CHAMPIONS LEAGUE: Group stage, Group G
Barcelona - Dynamo K.
03
Nov
CHAMPIONS LEAGUE: Group stage, Group A
Salzburg - Bayern Munich
03
Nov
CHAMPIONS LEAGUE: Group stage, Group D
Atalanta - Liverpool
Find us on Instagram
at @feedimo to stay up to date with the latest.
Featured Video You Might Like
zWJ3MxW_HWA L1eLanNeZKg i1XRgbyUtOo -g9Qziqbif8 0vmRhiLHE2U JFCZUoa6MYE UfN5PCF5EUo 2PV55f3-UAg W3y9zuI_F64 -7qCxIccihU pQ9gcOoH9R8 g5MRDEXRk4k
Copyright © 2020 Feedimo. All Rights Reserved.