Biden and Trump Campaigns Hold Fundraisers in London

Biden and Trump Campaigns

Biden and Trump Campaigns

Both the Biden and Trump 2024 presidential campaigns are holding fundraisers in London on Wednesday night. This comes as a new CBS News poll shows the two presumptive nominees are neck-and-neck, despite Trump's recent felony conviction.

Trump Campaign Fundraiser

Donald Trump, Jr., and his fiancée Kimberly Guilfoyle are expected to attend the Trump fundraiser, which one host described as "big" for the former president. This event aims to boost Trump's campaign finances following his conviction last month for falsifying business records.

Biden Campaign Fundraiser

Anna Wintour, the British-born editor-in-chief of Vogue U.S., is hosting the Biden campaign's fundraiser. A Biden campaign official confirmed her involvement. President Biden will not attend the fundraiser, as he is heading to Italy for G7 meetings. This comes a day after a federal jury in Delaware convicted his son, Hunter Biden, on felony gun charges.

Legal Considerations

Federal law prohibits the solicitation or acceptance of contribution from foreign nationals in federal election. However, many Americans living abroad or with dual citizenship can legally contribute to these campaigns.

Voter Sentiment

Recent CBS News polling indicates that Trump's conviction has not significantly impacted voter preferences. Voters are more concerned with issues like the economy, inflation, and the border than with Trump's legal troubles.

Fundraising Figures

The Biden campaign reported raising over $90 million in March, increasing its cash advantage over Trump. Conversely, Trump's campaign experienced a fundraising surge following his conviction. According to the campaign, Trump and the Republican Party raised $52.8 million in the 24 hours after the verdict, more than half of their total April fundraising.

As both campaigns ramp up their fundraising efforts, the 2024 presidential race remains highly competitive. The outcomes of these fundraisers will likely play a crucial role in shaping the financial landscape of the campaigns moving forward.

   


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