Jeffrey Katzenberg, a Hollywood mogul, has made a commitment to provide “all the resources” necessary for President Joe Biden to secure re-election in 2024.
During an interview with the Financial Times, Hollywood mogul and Biden campaign co-chair Jeffrey Katzenberg expressed confidence that they can surpass the $1 billion in contributions received during the 2020 race.
His comments come days after an ABC/Washington Post poll showed former President Donald Trump leading Biden by seven points in a general election rematch.
“For us, this is about a 19-month marathon, it’s not a sprint,” Katzenberg told the newspaper.
“The excitement and enthusiasm level since he’s announced, certainly from the high-end donors I’ve been in touch with, has been very, very high,” he added.
“The president has shown that he’s 80 years young and brings with him the wisdom and knowledge and experience that he has shown during the past two years. He is fit and engaged and has a high level of energy,” Katzenberg said.
During his presidency and 2020 campaign, Biden has faced concerns about his cognitive decline, as seen in his public ramblings, non-sequitur comments, and difficulty in recalling basic events, such as his recent trip to Ireland.
According to a Gallup survey, Biden’s approval rating is currently at a record low of 37 percent.
The Biden administration is facing harsh criticism for its handling of multiple issues, including rising inflation, a more aggressive China, and the wide-open U.S.-Mexico border.
Katzenberg is one of Hollywood’s biggest Democrat boosters. The former Disney boss — who helped launch the short-lived Quibi — was a major fundraiser for Biden’s 2020 campaign, donating more than $600,000 to the effort.
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