DNC plans top donor summit ahead of 2020


The Democratic National Committee is preparing to convene top Democratic donors and fundraisers in Washington next week, touching off an unusually early start to the party’s presidential election fundraising effort.

The invitation-only gathering of the DNC’s National Finance Committee, at the Mandarin Oriental Hotel, follows a midterm election cycle in which Democrats retook the House and picked up governorships across the country. But it also comes as the DNC lags far behind its Republican counterpart, the Republican National Committee, in fundraising.

In the current election cycle, the DNC raised about $174 million through mid-October, more than $100 million less than the RNC.

Seema Nanda, the DNC’s chief executive officer, said Tuesday that the DNC performed well as part of a broader pool of Democratic organizations in the midterms, while rebuilding trust with donors who were frustrated by the 2016 election.

DNC officials said nearly 300 donors are planning to attend the Dec. 11 meeting, a level of interest not seen since 2016 — a presidential election year with Democratic president, Barack Obama, in the White House. Nanda said expected donor participation is about three times higher than normal, “building off the momentum we saw in the midterms.” Donors are expected to participate in strategy sessions with DNC senior staffers, along with appearances by Reps.-elect Ayanna Pressley (D-Mass.) and Lucy McBath (D-Georgia), Sen.-elect Jacky Rosen (D-Nev.) and New Jersey Gov. Phil Murphy.

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