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Biden raises millions in the Bay Area as he says his campaign is underestimated

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Biden raises millions in the Bay Area as he says his campaign is underestimated

President Biden raised millions of dollars for his reelection bid in Silicon Valley on Friday as he poked at former President Trump and argued that his campaign was being underestimated.

“The press doesn’t want to write about it, but the momentum is clearly in our favor, with polls moving toward us and away from Trump,” he said, noting that 1.6 million people have donated to the campaign, nearly all less than $200 each. He said his campaign has opened 150 offices in battleground states “and Trump has opened zero offices. And it’s not just because he’s on trial.”

California donors bankroll presidential campaigns on both sides of the aisle, and Biden and Trump have both raised more in the state for their reelection bids than anywhere else, according to the Federal Election Commission. The president is expected to return to Southern California for a fundraiser in June.

Biden’s Friday trip to California was his first since a February fundraiser at the Beverly Park estate of media mogul Haim Saban. The Israeli American billionaire prompted scrutiny this week because of an email he sent to senior Biden aides criticizing the administration’s decision to put a shipment of weapons to Israel on hold because they could be used in an offensive against a densely populated city in southern Gaza.

Biden encountered protesters on both sides of the issue in the Bay Area, as well as in Seattle, where he flew after the California visit. As the president’s motorcade drove to a fundraiser hosted by Marissa Mayer, the former chief executive of Yahoo, it encountered people holding Palestinian flags and signs that said “Defund Israel” as well as another group waving Israeli flags.

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Biden did not address the issue at three fundraisers in California and Washington state on Friday, including the event hosted by Mayer, where tickets cost up to $50,000, according to the news website Puck. An earlier fundraiser Biden headlined at the Portola Valley home of Vinod Khosla, a co-founder of Sun Microsystems, cost up to $100,000. The two events were expected to raise $4 million.

California First Partner Jennifer Siebel Newsom attended the Mayer event. Biden called the pair as a source of inspiration and noted his efforts to create a diverse administration.

“These two ladies here in my view — and I mean this sincerely — are emblematic of how America is changing,” the president said. “They’re incredibly competent and they’re incredibly capable and they’re changing the whole emotion of what constitutes success and what can be done.”

Silicon Valley has grown into a fundraising juggernaut for political candidates and overwhelmingly favors Democrats.

In the 2024 presidential election, Biden and associated groups backing his campaign have raised $17.1 million from the communications and electronics industry, which includes tech companies, according to an analysis of Federal Election Commission data released April 22 by the nonpartisan nonprofit Open Secrets, which tracks electoral finances. Trump has raised $1.7 million.

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Trump did receive the backing of some notable tech leaders in his successful 2016 campaign, such as billionaire Peter Thiel, who made history that year when the PayPal co-founder said from the podium of the Republican National Convention that he is gay before Trump was nominated as the GOP candidate.

Thiel and some other tech leaders backed away from Trump after the tumult of his presidency and in the aftermath of the Jan. 6 insurrection at the U.S. Capitol that attempted to halt the certification of the 2020 election results.

In the 2024 Republican primary, some backed other GOP candidates but have reportedly returned to the fold since Trump became the presumptive Republican nominee.

“President Trump is building a historic and unified political movement to make America great again, receiving more than 90% approval from Republican voters, winning Independents by double digits, and picking up historic gains with longtime Democrat constituencies,” said campaign spokeswoman Karoline Leavitt.

“Anyone who believes in securing the border, rebuilding the economy, restoring American energy dominance, and ending the wars Joe Biden has created around the world is welcome to join President Trump’s movement to make America great again,” Leavitt said.

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National GOP leaders predicted Biden would lose in November dispute his fundraising prowess.

“Everyone is worse off under Joe Biden, but instead of correcting his failed Bidenomics agenda or securing the border, Biden is rubbing elbows with donors to save his flailing campaign,” Michael Whatley, chairman of the Republican National Committee, said in a statement. “It won’t work — voters know that Biden is wrong on the issues, and they’ll vote President Trump back in to the White House on November 5.”

First Lady Jill Biden was also in California raising money for her husband’s reelection campaign — in Marin County on Thursday and in Beverly Hills on Friday at the home of John Emerson, the U.S. ambassador to Germany under President Barack Obama, and Kimberly Marteau Emerson, the spokesperson for the United States Information Agency under President Bill Clinton.

The event raised more than $450,000, Emerson told attendees, who included media mogul Jeffrey Katzenberg, a co-chair of Biden’s reelection campaign.

After recounting how Biden proposed marriage five times, Jill Biden laced into Trump.

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“Donald Trump is dangerous to our families and to our country,” she said. “We are the first generation in half a century to give our daughters a country with fewer rights than we had. We simply cannot let him win.”

The president, speaking in Portola Valley, repeated jokes he has previously made about the former president.

“Not everyone is feeling the enthusiasm these days. The other day this guy walked up, said I’m in real trouble, short on cash, I don’t know what to do. I said, ‘Donald, I can’t help you,’” Biden said.

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Trump and Iran Face Off in Iran War Negotiations

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Trump and Iran Face Off in Iran War Negotiations

But while that is a new element in the talks, the cultural divide in how to negotiate is not.

That divide was evident 11 years ago, in the gilded halls of the 160-year-old Beau-Rivage Palace Hotel in Lausanne, Switzerland, where Secretary of State John Kerry and his counterparts from five other countries struggled to close a preliminary agreement with Iran. It was, perhaps, the closest analogue to what is unfolding now in Islamabad.

Every day the American delegation would speak about how many centrifuges had to be disassembled and how much uranium needed to be shipped out of country. Yet when Iranian officials — including Abbas Araghchi, now the Iranian foreign minister — stepped out of the elegant, chandeliered rooms to brief reporters, most of the questions about those details were waved away. The Iranians talked about preserving respect for their rights and Iran’s sovereignty.

“I remember we finally got the parameters agreed upon at the hotel,” Wendy Sherman, the chief U.S. negotiator at the time, said on Monday. “And then a few days later the supreme leader came out and said, ‘Actually, some very different terms were required.’”

Ms. Sherman, who went on to become deputy secretary of state in the Biden administration, would go into these negotiations with a large posse. She often had the C.I.A.’s top Iran expert in the room, or nearby. So was the energy secretary, Ernest Moniz, an expert in nuclear weapons design. Proposals floated by the Iranians would be sent back to the U.S. national laboratories, where weapons are designed and tested, for expert analysis of whether the agreements being discussed would keep Iran at least a year away from a bomb.

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But Mr. Trump’s negotiating team travels light, with no entourage of experts and few briefings. Jared Kushner and Steve Witkoff, the president’s son-in-law and the special envoy, learned their negotiating skills in New York real estate and say a deal is a deal. They say they have immersed themselves in the details of the Iran program, and know it well.

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Soros-linked dark money network fuels Virginia redistricting push backed by national Democrats

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Soros-linked dark money network fuels Virginia redistricting push backed by national Democrats

NEWYou can now listen to Fox News articles!

Virginians for Fair Elections, a main group fighting to get Virginia voters to approve a ballot referendum that will allow the state to redraw its congressional maps, has been pumped with millions in cash from a web of George Soros-backed dark money groups and top Democratic Party officials.

The money the group has garnered ahead of Tuesday’s vote, which is poised to allow Democrats in the House of Representatives to potentially take four seats from Republicans going into the midterms, also comes from leading Democratic Party figures and organizations like Nancy Pelosi and the American Federation of Teachers (AFT).

Other left-wing juggernauts pumping money into the Democratic Party’s redistricting effort in Virginia include the Service Employees International Union (SEIU), Eric Holder’s National Democratic Redistricting Committee, which once championed the adoption of “independent redistricting commissions,” national green energy group the League of Conservation Voters, and the U.S. House of Representatives campaign arm for the Democratic Party, according to a Fox News Digital review of state campaign finance records and records from the Virginia Public Access Project (VPAP), which tracks public spending in Virginia.

VIRGINIA DEMS ACCUSED OF ILLEGALLY ‘STEAMROLLING’ STATE LAW THAT COULD UPEND REDISTRICTING CRUSADE

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“Dark money is flooding into Virginia,” GOP strategist Matt Gorman told Fox News Digital. “Democrats talked all about the cost of living during the campaign, but all they did once in office was raise taxes and rig elections. It’ll be the same elsewhere across the country in 2026 too.”

A woman casts her vote at a polling place in Burke, Fairfax County, Virginia, in 2026. (Graeme Sloan/Bloomberg)

Fox News Digital reported in March that the left-wing group fighting to redraw Virginia’s maps raised more than $38 million, according to VPAP’s donation totals based on state campaign finance records. As of right before the mid-April referendum vote, just a handful of weeks later, that total ballooned to more than $64 million.

In 2026, the largest giver to Virginians for Fair Elections was House Majority Forward, the nonprofit counterpart of House Democrats’ House Majority PAC, which has donated over $38 million, records show.

Meanwhile, entities directly tied to Soros, or that obtained significant funding which can be traced back to the billionaire Democrat megadonor, come in second and third in terms of total giving to the group, per VPAP’s accounting of donation totals.

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One of those groups, the Fund for Policy Reform Inc, was founded by Soros. The other, titled The Fairness Project, has been funded by groups like the Sixteen Thirty Fund, Hopewell Fund and the Tides Foundation, which Soros has given significant funding to.

George Soros pictured on the sidelines of the World Economic Forum in Davos, Switzerland, in January 2020. (Simon Dawson/Bloomberg via Getty Images)

DAVID MARCUS: DESPERATE DEMS TAP OBAMA TO PITCH VIRGINIA GERRYMANDERING LIES

Another one of the top donors to the left’s Virginians for Fair Elections is American Opportunity Action, described as “a pure pass-through entity” by Parker Thayer, a dark money expert from the conservative Capital Research Center. The group is so new that it does not even appear to have any 990s filed with the IRS but is still one of Virginians for Fair Elections’ top donors, according to VPAP and state campaign finance records.

Top Democratic Party members of Congress from outside Virginia, including Reps. Nancy Pelosi, D-Calif., Pete Aguilar, D-Calif., and Katherine Clark, D-Mass., also donated tens-of-thousands of dollars, according to a review of state campaign finance records. Democratic Virginia Sen. Tim Kaine’s leadership PAC donated $100,000 as well, while the Democratic Party of Virginia put up just shy of a million dollars, per VPAP’s accounting.

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Meanwhile, a group founded by Obama wingman Eric Holder, who previously championed “independent redistricting commissions,” provided a more than $10,000 in-kind contribution to the left-wing redistricting group, state election filings show. The League of Conservation Voters, and the Soros-backed MoveOn.org were also among Virginians for Fair Election’s top donors. In terms of labor union support, SEIU gave half-a-million, while AFT gave $100,000.

CBS HOST PRESSES FORMER AG ON DEFENDING PARTISAN REDISTRICTING EFFORTS IN VIRGINIA

Fox News Digital reached out to Soros’ Open Society Foundations and the other top donors pumping thousands or millions into the redistricting battle, but did not receive a response ahead of publication.

“No one wanted to take this action, but in a democracy, we can’t let entire states rig their congressional maps just to bend to the will of one person,” Alexis Magnan-Callaway, a spokesperson for The Fairness Project, told Fox News Digital in March.  

“We have to respond. This amendment is a temporary, one-time exception that gives Virginia voters a voice and meets the needs of the current moment, while ensuring Virginia’s bipartisan redistricting process will resume after the 2030 census,” she continued. “This isn’t about favoring one party over another. This is about restoring fairness across the board by temporarily changing Virginia’s congressional districts.”

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A main group in Virginia opposing the redistricting effort led by Democrats, Virginians For Fair Maps, raised a little over $3 million at the time of Fox News Digital’s late March report. However, the right-wing redistricting group in Virginia appears to have gained some ground since then as well, albeit still far behind the left’s Virginians for Fair Elections funding totals.

As of just before the referendum vote Tuesday, the anti-redistricting referendum group raised its fundraising total to nearly $20 million, with most of that money coming from a group by the same name that is also a significant donor to the Virginia Republican Party. 

Other donations to the group come from a series of several much smaller donors, such as $50,000 from the National Shooting Sports Foundation and $100,000 from a wealthy D.C.-area real-estate investor, who donates primarily to GOP campaigns. That investor is the top individual donor at $100,000 out of just a handful of individual contributions, according to VPAP.

Virginia Gov. Glenn Youngkin speaks during the Faith & Freedom Coalition’s Road to Majority Policy Conference at the Washington Hilton on June 22, 2024 in Washington, DC. (Samuel Corum/Getty Images)

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Former Virginia Gov. Glenn Youngkin, a Republican, has reportedly given more than $500,000 in efforts against the redistricting measure, per reporting from the Virginia Scope. He also has been a leading voice in Virginia holding events to campaign against the measure despite no longer being in office.

Wealthy tech entrepreneur and Republican donor Peter Thiel has reportedly donated to Justice for Democracy PAC, which has been part of the anti-redistricting effort alongside Virginians for Fair Maps as well.

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Governor’s race wildly unpredictable two weeks before Californians receive ballots

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Governor’s race wildly unpredictable two weeks before Californians receive ballots

The most unpredictable California governor’s race in recent history took another set of dizzying turns on Monday, with former Health and Human Services Secretary Xavier Becerra surging after former Rep. Eric Swalwell dropped out in the face of sexual assault and misconduct allegations, and former state Controller Betty Yee ending her bid.

The race to replace termed-out Gov. Gavin Newsom is the first in a quarter of a century with no clear front-runner and a sprawling field of candidates who have been jockeying for the attention of Californians, who are just beginning to pay attention to the campaign two weeks before ballots arrive in their mailboxes.

“I certainly could not have imagined the twists and the disturbing turns that this race has taken,” Yee said as she announced she was dropping out. “But through it all, my values and my vision for California has never wavered.”

A poll released Monday by the state Democratic Party — its first since Swalwell (D-Dublin) dropped out — showed Becerra’s support jumped nine points to 13%, placing him in a tie with Tom Steyer, the billionaire hedge fund founder turned environmental warrior. Former Rep. Katie Porter of Orange County saw a slight bump to 10% from 7%, while the remaining Democrats in the contest were mired in the low single digits.

The party began the surveys out of concern that Democrats could be shut out of the governor’s race because of California’s unique primary system, where the top two vote-getters in the June 2 primary move on to the November general election regardless of political party.

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“I continue to believe there are too many Democrats in the field,” California Democratic Party Chairman Rusty Hicks told reporters Monday. “My call for candidates to honestly assess the viability of their candidacy and campaigns still stands, especially if you are stalled in the single digits, seeing financial resources dry up and/or are failing to pick up additional support.”

Hicks and other party leaders and allies had unsuccessfully urged low-polling candidates to reconsider their candidacies before the filing deadline in an attempt to cull the field and avoid splintering the Democratic vote. Though most did not name candidates who they thought should think about their viability, Yee was widely believed to be among them.

Yee became emotional as she said on Monday that she decided to withdraw from the race because she wasn’t able to raise the resources necessary to compete in the state. She also said her message of competency and experience wasn’t resonating among voters who were seeking a fiery foil to President Trump, not “Boring Betty,” as she dubbed herself. Yee said she would assess the field before making an announcement on whether she would endorse one of her fellow Democrats.

Becerra was another candidate believed to be a target of party leaders’ efforts to shrink the field. But he held on and apparently benefited from Swalwell’s downfall.

“I’m not the richest candidate, I’m not the slickest candidate, but I am the guy that’s got you,” Becerra said, rallying supporters in Los Angeles on Saturday.

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The audience was filled with members of labor groups backing the longtime politician, and Becerra told them he’d serve as a “union man” in the governor’s office.

Pro- and anti-Becerra forces tussled outside the town hall after two people, who declined to identify whom they were working for, passed out fliers highlighting critical media investigations of the U.S. Department of Health and Human Services during the migrant crisis when the agency was led by Becerra.

Pro-Becerra attendees grabbed the fliers and told the men to go away, prompting a security guard to intervene.

The question is whether Becerra, who also served as state attorney general, a member of Congress and a state Assembly member, can raise the funds necessary to compete in a state with some of the nation’s most expensive media markets. And he was tied in the state party poll with a billionaire who dumped an additional $12.1 million of his own money into his campaign last week.

Steyer’s total investment in his bid reached $133 million, according to the California secretary of state’s office. He also received the endorsement of Our Revolution, a progressive political organization founded by U.S. Sen. Bernie Sanders (I-Vt.).

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“We’ve never endorsed a billionaire — but Tom Steyer is using his position to upset the system,” the group posted on X on Monday. “As Our Revolution executive director Joseph Geevarghese told @theintercept, ‘He’s been a partner in the movement. Most billionaires have used their wealth and privilege to lock in the status quo. Tom is doing the opposite.’”

San Jose Mayor Matt Mahan, who is also running for governor, accused Steyer of hypocrisy for the hedge fund he founded profiting from investments in private prisons being used to house ICE detainees, and Steyer calling for the abolishment of ICE.

Steyer got “rich investing off the ICE infrastructure he now wants to abolish,” Mahan posted on Instagram.

Steyer, who sold his stake in the hedge fund in 2012, has said he ordered the company to divest from the private prison company and has repeatedly expressed remorse about his former firm’s ties with the detention company.

Mahan also appeared Monday at a Hollywood production lot to announce his proposal for a special fund to lure sporting events, concerts and other productions to California as part of his plan to help the struggling film and television industry.

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An independent effort supporting Mahan has also raised roughly $11 million since Swalwell left the race.

Mehta reported from Los Angeles and Nixon from Sacramento. Times staff writer Dakota Smith contributed to this report.

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