President Biden raising cash in San Francisco, discussing environment and AI

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President Biden raising cash in San Francisco, discussing environment and AI
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President Joe Biden ramps up his reelection effort this week with four fundraisers in the San Francisco area, as his campaign builds up its coffers and lays strategic foundations for 2024.

On Tuesday, he plans to discuss artificial intelligence, the source of several congressional hearings in recent weeks.

At the first of two Monday fundraisers, Biden said democracy itself was at stake in the 2024 election and said his administration had reinstilled "a sense of confidence in the Constitution." The fundraiser at the home of Microsoft chief technology officer Kevin Scott was cohosted by Reid Hoffman, the billionaire cofounder of LinkedIn.

The flurry of engagements comes ahead of the end of the fundraising quarter at the end of the month — and Biden’s campaign finance report in July will provide the first test of Democratic donor enthusiasm for his reelection effort. "While MAGA Republicans burn cash in their primary, competing for whose agenda is the most extreme, the president’s campaign will be capitalizing on the opportunity to raise significant resources," said Biden’s campaign manager Julie C. Rodriguez, referring to Trump’s "Make America Great Again" slogan.

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