With cocktail-hour events at swanky Washington restaurants on hiatus, cash-starved candidates are being forced to get creative
One recent Biden invitation advertised a “pre-event VIP clutch” — a small group of donors who would get a few minutes with the vice president ahead of a larger fundraiser — mimicking in-person, private receptions. The cost of virtual admission to the more exclusive segment was $25,000.
Candidates are feeling real urgency to pull in campaign dollars. Dan Eberhart, a major Republican donor, said there's “no question” that fundraising will drop in the second quarter of the year. A POLITICO analysis of recent Federal Elections Commission filings found that large contributions to House campaigns dropped significantly at the end of March.
It's not just Biden asking for big dollars to hobnob with him on your laptop. A Zoom call with Rep. Lacy Clay — who’s working to fend off a primary challenge — scheduled for Friday morning asked for PAC contributions of up to $5,000, according to an invitation obtained by POLITICO. “None of the lobbyists are rushing to go to a” traditional fundraiser now, Fraioli said. “But they’d like to talk to members of Congress about their industry, their clients, what’s going on.”
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