WASHINGTON (BLOOMBERG) - US President Joe Biden benefited from a record-breaking amount of donations from anonymous donors to outside groups backing him, meaning the public will never have a full accounting of who helped him win the White House.
Biden's winning campaign was backed by US$145 million (S$192 million) in so-called dark money donations, a type of fundraising Democrats have decried for years. Those fundraising streams augmented Biden's US$1.5 billion haul, in itself a record for a challenger to an incumbent president.
That amount of dark money dwarfs the US$28.4 million spent on behalf of his rival, former President Donald Trump. And it tops the previous record of US$113 million in anonymous donations backing Republican presidential nominee Mitt Romney in 2012.
Biden's winning campaign was backed by US$145 million (S$192 million) in so-called dark money donations, a type of fundraising Democrats have decried for years. Those fundraising streams augmented Biden's US$1.5 billion haul, in itself a record for a challenger to an incumbent president.
That amount of dark money dwarfs the US$28.4 million spent on behalf of his rival, former President Donald Trump. And it tops the previous record of US$113 million in anonymous donations backing Republican presidential nominee Mitt Romney in 2012.