Biden Looks to Shut Down PAC | Inside Finance - August, 2nd 2019

Inside Finance (Aug 2nd, 2019)

Biden Looks to Shut Down PAC

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7. In the campaign finance sphere, Democratic 2020 front-runner and former Vice President Joe Biden is reportedly looking to shut down his PAC, American Possibilities. The move follows a growing Democratic trend of breaking ties with big-money PACs, though they have still played a major role in recent years. In the 2018 election cycle, for instance, Biden's PAC raised $2.6 million and spent nearly as much. – CNBC


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