Biden to Raise Campaign Cash From Black Business Leaders

President Joe Biden will raise money for his reelection in New York during an event with Black business figures, as he kicks off a campaign fundraising blitz.

(Bloomberg) — President Joe Biden will raise money for his reelection in New York during an event with Black business figures, as he kicks off a campaign fundraising blitz.

Among the hosts for the Monday event are General Catalyst Partners LLC Chairman and former American Express Co. CEO Kenneth Chenault, Recognize Partners LP co-founder Charles Phillips, Jr., former Darden Restaurants Inc. CEO Clarence Otis, and former Merck & Co. Inc. CEO Kenneth Frazier, according to people familiar with the matter.

Tony Coles, co-founder of Yumanity Therapeutics Inc., and Richelieu Dennis, founder of Sundial Brands LLC and Essence Ventures LLC, are also on the host committee, the people said.

Vista Equity Partners LLC founder Robert Smith was in the mix as a possible host but ultimately did not join, according to a person familiar.

House Democratic leader Hakeem Jeffries and Maryland Governor Wes Moore will also be in attendance at the event, which will be held at a Midtown Manhattan hotel, according to one of the people.

Earlier: Biden Hits New York’s Broadway as Fundraising Blitz Begins

Biden campaign spokesman Kevin Munoz declined to comment.

Biden is headlining four fundraising events this week in New York as he seeks to fill his campaign coffers ahead of a quarterly deadline on Sept. 30. He is also scheduled to speak at a Monday event featuring performances by Broadway stars Lin-Manuel Miranda, Sara Bareilles and Ben Platt, among others.

The president is expected to headline at least nine fundraising events total before month’s end.

(Updates to include additional details on attendees starting in second paragraph. An earlier version corrected the list of hosts.)

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