Politics
Obama to fund raise at Magic Johnson house
U.S. President Barack Obama (r) chats with former Los Angeles Lakers great Magic Johnson (l) during the Carrier Classic college basketball game between the University of North Carolina and Michigan State University in San Diego, California, November 11, 2011. PHOTO/Saul Loeb/AFP/Getty Images
(Bloomberg) – U.S. President Barack Obama, is on a 3-day fundraising trip that includes stops at the Seattle home of former Microsoft executive Jon Shirley and Magic Johnson’s Los Angeles house.
Obama left Washington yesterday after the U.S. and other world powers announced an agreement to limit Iran’s nuclear program, and as his administration seeks to recover from the troubled roll-out of his health-care law.
The 7 fundraisers will benefit Democratic candidates in the 2014 elections, as the party tries to maintain a majority in the U.S. Senate and make gains in the Republican-controlled House of Representatives.
At most of the events, donors will pay US$16,200 to US$32,400 to attend.
Obama is also speaking about immigration policy reform today at the Betty Ong Chinese Recreation Center in San Francisco and the following day about the economy at the DreamWorks Animation SKG Inc. facility in Glendale, California, according to the White House.
Obama’s first fundraiser, at the North Seattle home of youth clothing executive Thomas Campion, benefited the Democratic National Committee, according to an invitation.
Obama then joined House minority leader Nancy Pelosi of California for a Democratic Congressional Campaign Committee dinner hosted by Jon Shirley, a former Microsoft Corporation president and chief operating officer, who raised money for Obama’s re-election last year.
