(HorizonPost.com) – President Biden’s reelection campaign raked in over $26 million last Thursday at a star-studded fundraiser in Manhattan featuring former presidents Bill Clinton and Barack Obama, CBS News reported.
The fundraiser, which took place at Radio City Music Hall, featured performances by Lizzo, Queen Latifah, Cynthia Erivo, Ben Platt, and Lea Michele. The evening was capped off by an hourlong discussion moderated by late-night host Stephen Colbert that featured Biden, Clinton, and Obama.
The record-breaking fundraiser also featured a who’s who of Democrat politicians, including Senate Majority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries.
However, Republican mega-donor Hal Lambert told Fox News that while Biden may have raised millions, it begs the question if the president could raise that kind of cash if it weren’t for the big-name celebrities.
In an interview on “Your World with Neil Cavuto,” Lambert, the founder of Point Bridge Capital, suggested that it said something significant about President Biden’s fundraising abilities that he had to rely on celebrities and former presidents to raise money for his campaign.
Lambert said he did not think Joe Biden could have raised over $26 million if he didn’t appear with Obama, Clinton, and a variety of celebrities.
He suggested that Biden’s need to stuff fundraisers with famous people could be “a bad sign.”
CBS News reported on Friday that Trump donors are hoping to bring in over $33 million at a fundraiser in Palm Beach on April 6.
However, the money raised at the fundraiser will go first to his campaign and the Save America PAC, which is paying most of the former president’s legal fees, before it goes to the Republican National Committee or the local parties, according to the Financial Times.
Despite Lambert’s suggestion that the star-studded fundraiser was a “bad sign” for Biden, the president’s reelection campaign and the DNC have been consistently outraising Trump and the RNC.
President Biden started March with $155 million in the bank while the Trump campaign had only $74 million cash on hand.
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