Biden begins fundraising for Delaware presidential library
The article reports that former President Joe Biden has chosen Delaware as the site for his presidential library and has begun fundraising efforts to finance its construction. The Joe and Jill biden Foundation has established a 13-member governance board, including notable figures like former Secretary of State Antony Blinken and adviser Steve Ricchetti, to oversee the project. Building presidential libraries typically costs hundreds of millions of dollars and relies on private funding.
Biden may encounter challenges in raising funds due to some within his party criticizing him for not exiting the presidential race sooner to support Kamala Harris, as well as the Democratic Party’s ongoing identity struggles. Additionally,political opposition and the country’s current leanings toward the Republican Party could affect donor willingness. Despite these hurdles, board chairman Rufus gifford expressed cautious optimism about meeting fundraising goals.
The selection of Delaware is fitting given biden’s long tenure as a senator from the state and his residence there. Delaware Governor Matt Meyer praised the choice, emphasizing the library’s role in preserving Biden’s story of resilience, family, and staying true to his roots.
Biden begins fundraising for Delaware presidential library
Former President Joe Biden has selected Delaware as the site of his presidential library, and his team started raising money to fund its construction.
Building a presidential library recently has cost into the hundreds of millions. The library is paid for by private money.
The Joe and Jill Biden Foundation approved a 13-person governance board that has been ordered to direct the project. Board members include former Secretary of State Antony Blinken, adviser Steve Ricchetti, and others with ties to the presidential pair.
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Biden may face challenges raising money for his library. He was blamed by many in his party for not dropping out of the presidential race sooner to make way for former Vice President Kamala Harris.
The party as a whole is still searching for its direction, and it appears to be growing more distant from Biden. He has gotten some sympathy from Republicans and Democrats for his prostate cancer diagnosis.
President Donald Trump has also continued to disparage Biden and blame him for the country’s problems. With the country leaning in a Republican direction, donors could be less apt to risk donating to Biden.
Board chairman Rufus Gifford acknowledged that it could be difficult to see donors with the Trump issue.
“There’s certainly folks — folks who may have been not thinking about those kinds of issues who are starting to think about them,” Gifford told the Associated Press. “That being said … we’re not going to create a budget, we’re not going to set a goal for ourselves that we don’t believe we can hit.”
The library’s location comes at little surprise. Biden spent decades as one of Delaware’s senators and resides there.
Gifford said the Bidens felt that Delaware was where the library should be because the state has “propelled his entire political career.”
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Gov. Matt Meyer (D-DE) cheered Biden’s decision.
“To Delaware, he will always be our favorite son,” Meyer said. “The new presidential library here in Delaware will give future generations the chance to see his story of resilience, family, and never forgetting your roots.”
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