Just five months after winning reelection, President Obama is once again shaking the money tree. The president is kicking off his effort to boost the Democratic Party's coffers ahead of the 2014 midterm elections with two days of fundraising in California. Obama was lending his fundraising prowess to two Democratic Congressional Campaign Committee events in San Francisco tonight. House Minority Leader Nancy Pelosi, D-Calif., and DCCC Chairman Rep. Steve Israel, D-N.Y., were also to attend, a Democratic official confirmed. The president was first to head to a cocktail reception for 100 people at the home of hedge fund billionaire and environmentalist Tom Steyer and Kat Taylor. Tickets for the event ranged from $5,000 to $34,200. Next, Obama was to attend a dinner at the home of Ann and Gordon Getty for 75 attendees who paid $32,400 per ticket. Gordon Getty is a music composer and billionaire philanthropist from the Getty Oil family. The annual dinner raised roughly $1.7 million last year. Thursday morning, the president planned to attend two Democratic National Committee events in Atherton, Calif., before returning to Washington. The fundraisers were the first of Obama's second term. |
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