Bloomberg to give $18M to DNC; state parties to get offices

WASHINGTON (AP) — Mike Bloomberg is transferring $18 million from his presidential campaign to the Democratic National Committee in the largest single such transfer ever.

It's the latest sign of the billionaire businessman’s continued involvement in the race since ending his own campaign this month due to a lackluster showing in the March 3 primaries. In those Super Tuesday contests, the former New York City mayor won only one U.S. territory.

Bloomberg’s contribution amounts to more than the national party's typical cash balance. The transfer will help the DNC make up for some of the steep fundraising disadvantage when compared with its Republican counterpart, which routinely has raised tens of millions more than the Democratic organization throughout election cycles.

One of the world’s wealthiest men with a net worth estimated to exceed $60 billion, Bloomberg promised throughout his campaign that he would help Democrats try to defeat President Donald Trump regardless of how his own White House bid fared.

The Bloomberg campaign, which hired a staff of 2,400 people across 43 states, will also transfer its offices in six pivotal states to the Democratic parties in those states, to help accelerate their hiring and organizing. Those states are Arizona, Florida, Michigan, North Carolina, Pennsylvania and Wisconsin.

Former Bloomberg campaign staffers in those offices will continue to be paid by his campaign through the first week in April and have full benefits through the end of April. After that, they could in theory offer the state parties a trained and ready pool of potential hires to build out their operations heading into the November general election. 

RELATED: Take a look at the Super Tuesday 2020:

32 PHOTOS
Super Tuesday 2020
See Gallery
Super Tuesday 2020
LOS ANGELES, CALIFORNIA - MARCH 3, 2020: Democratic Presidential candidate former Vice President Joe Biden, accompanied by his wife Dr. Jill Biden, speaks to California voters during a Super Tuesday election night party at Baldwin Hills Recreation Center in Los Angeles, California on Tuesday March 3, 2020. (Photo by Melina Mara/The Washington Post via Getty Images)
Democratic presidential candidate former Vice President Joe Biden speaks at a primary election night campaign rally Tuesday, March 3, 2020, in Los Angeles. (AP Photo/Chris Carlson)
Supporters of Democratic presidential candidate Sen. Bernie Sanders, I-Vt., during a primary night election rally in Essex Junction, Vt., Tuesday, March 3, 2020. (AP Photo/Charles Krupa)
DETROIT, UNITED STATES - MARCH 3, 2020: Elizabeth Warren speaks during a rally held on super Tuesday in Detroit. Super Tuesday will be a major deciding factor in her place in the polls for the Democratic primary election.- PHOTOGRAPH BY Megan Jelinger / Echoes Wire/ Barcroft Studios / Future Publishing (Photo credit should read Megan Jelinger / Echoes Wire/Barcroft Media via Getty Images)
PALM BEACH, FL - MARCH 3: Supporters cheer for Presidential candidate Mike Bloomberg during his Super Tuesday event at the Palm Beach Convention Center in Palm Beach, Florida on Tuesday, March 3, 2020. (Photo by Toni L. Sandys/The Washington Post via Getty Images)
DETROIT, UNITED STATES - MARCH 3, 2020: Elizabeth Warren greets her supporters during a rally held on super Tuesday in Detroit. Super Tuesday will be a major deciding factor in her place in the polls for the Democratic primary election.- PHOTOGRAPH BY Megan Jelinger / Echoes Wire/ Barcroft Studios / Future Publishing (Photo credit should read Megan Jelinger / Echoes Wire/Barcroft Media via Getty Images)
ORLANDO, UNITED STATES - MARCH 3, 2020: Democratic presidential candidate former New York mayor Mike Bloomberg addresses his supporters at a campaign stop at the Bloomberg campaign field office in Orlando.- PHOTOGRAPH BY Paul Hennessy / Echoes Wire/ Barcroft Studios / Future Publishing (Photo credit should read Paul Hennessy / Echoes Wire/Barcroft Media via Getty Images)
Democratic presidential candidate Sen. Bernie Sanders, I-Vt., arrives to vote in the Vermont Primary near his home in Burlington, Vt., Tuesday, March 3, 2020. (AP Photo/Charles Krupa)
Nuala sports an "I Voted" sticker while accompanying her owner Jannet Bond to the polls after voting in the Vermont Primary in Burlington, Vt., Tuesday, March 3, 2020. (AP Photo/Charles Krupa)
HERNDON, VA - MARCH 03: Two women mark down their votes on a ballots for the Democratic presidential primary election at a polling place in Armstrong Elementary School on Super Tuesday, March 3, 2020 in Herndon, Virginia. 1,357 Democratic delegates are at stake as voters cast their ballots in 14 states and American Somoa on what is known as Super Tuesday. (Photo by Samuel Corum/Getty Images)
RICHMOND, VA - MARCH 03: Buttons supporting Democratic presidential candidate Sen. Bernie Sanders (I-VT) are seen on the Virginia Commonwealth University Campus on March 3, 2020 in Richmond, Virginia. 1,357 Democratic delegates are at stake as voters cast their ballots in 14 states and American Samoa on what is known as Super Tuesday. (Photo by Zach Gibson/Getty Images)
RICHMOND, VA - MARCH 03: "I Voted" stickers are seen at a polling place on March 3, 2020 in Richmond, Virginia. 1,357 Democratic delegates are at stake as voters cast their ballots in 14 states and American Samoa on what is known as Super Tuesday. (Photo by Zach Gibson/Getty Images)
RICHMOND, VA - MARCH 03: A mural depicting Democratic presidential candidate Sen. Bernie Sanders (I-VT), painted in 2016, is seen on a building on March 3, 2020 in Richmond, Virginia. 1,357 Democratic delegates are at stake as voters cast their ballots in 14 states and American Samoa on what is known as Super Tuesday. (Photo by Zach Gibson/Getty Images)
RICHMOND, VA - MARCH 03: Voters cast ballots at a polling place on March 3, 2020 in Ashland, Virginia. 1,357 Democratic delegates are at stake as voters cast their ballots in 14 states and American Samoa on what is known as Super Tuesday. (Photo by Zach Gibson/Getty Images)
"I Voted" stickers cover a table at a polling station during the North Carolina primary on Super Tuesday in Charlotte, North Carolina on March 3, 2020. - Forteen states and American Samoa are holding presidential primary elections, with over 1400 delegates at stake. Americans vote Tuesday in primaries that play a major role in who will challenge Donald Trump for the presidency, a day after key endorsements dramatically boosted Joe Biden's hopes against surging leftist Bernie Sanders. The backing of Biden by three of his ex-rivals marked an unprecedented turn in a fractured, often bitter campaign. (Photo by Logan Cyrus / AFP) (Photo by LOGAN CYRUS/AFP via Getty Images)
FAYETTEVILLE, NC - MARCH 03: Fayetteville State University students get off a Black Votes Matter bus at Smith Recreation Center on March 3, 2020 in Fayetteville, North Carolina. 1,357 Democratic delegates are at stake as voters cast their ballots in 14 states and American Samoa on what is known as Super Tuesday. (Photo by Melissa Sue Gerrits/Getty Images)
Poll worker Denetria Cooperidge, right, greets voters at the Mississippi Blvd. Christian Church polling location as voters go to the polls on Tuesday, March 3, 2020, to vote in the Super Tuesday primaries. (Jim Weber/Daily Memphian via AP)
Olivia DiNucci, volunteer for the Bernie Sanders campaign, leaves a pamphlet at a residence on the day of the presidential primary in El Paso, Texas on Super Tuesday, March 3, 2020. - Fourteen states and American Samoa are holding presidential primary elections, with over 1400 delegates at stake. Americans vote Tuesday in primaries that play a major role in who will challenge Donald Trump for the presidency, a day after key endorsements dramatically boosted Joe Biden's hopes against surging leftist Bernie Sanders. The backing of Biden by three of his ex-rivals marked an unprecedented turn in a fractured, often bitter campaign. (Photo by Paul Ratje / Agence France-Presse / AFP) (Photo by PAUL RATJE/Agence France-Presse/AFP via Getty Images)
Residents wait to cast their ballots during the Democratic presidential primary in Montgomery, Alabama on Super Tuesday, March 3, 2020. - Fourteen states and American Samoa are holding presidential primary elections, with over 1400 delegates at stake. Americans vote Tuesday in primaries that play a major role in who will challenge Donald Trump for the presidency, a day after key endorsements dramatically boosted Joe Biden's hopes against surging leftist Bernie Sanders. The backing of Biden by three of his ex-rivals marked an unprecedented turn in a fractured, often bitter campaign. (Photo by Mark RALSTON / AFP) (Photo by MARK RALSTON/AFP via Getty Images)
Two people walk under umbrellas outside a polling station at Dallas County Courthouse during the presidential primary in Selma, Alabama on Super Tuesday, March 3, 2020. - Fourteen states and American Samoa are holding presidential primary elections, with over 1400 delegates at stake. Americans vote Tuesday in primaries that play a major role in who will challenge Donald Trump for the presidency, a day after key endorsements dramatically boosted Joe Biden's hopes against surging leftist Bernie Sanders. The backing of Biden by three of his ex-rivals marked an unprecedented turn in a fractured, often bitter campaign. (Photo by Joshua Lott / AFP) (Photo by JOSHUA LOTT/AFP via Getty Images)
Election clerks check in voters for the primary election, Tuesday, March 3, 2020, in Lewiston, Maine. (AP Photo/Robert F. Bukaty)
Joe Cormier votes in the primary election, Tuesday, March 3, 2020, in Freeport, Maine. (AP Photo/Robert F. Bukaty)
Election clerks Pauline Plourde, left, and Susan Gallant process absentee ballots for the primary election, Tuesday, March 3, 2020, in Lewiston, Maine. (AP Photo/Robert F. Bukaty)
Mike Walsh votes in the primary election, Tuesday, March 3, 2020, in Freeport, Maine. (AP Photo/Robert F. Bukaty)
A roll of "I Voted' stickers sit on a table at Town Hall in Richmond, Mass., during the state's primary election, Tuesday, March 3, 2020. (Stephanie Zollshan/The Berkshire Eagle via AP)
Russell Freedman sits outside of the polling station at Lanesborough Town Hall advocating for Democratic presidential candidate Bernie Sanders during the state's primary election, Tuesday, March 3, 2020, in Lanesborough, Mass. (Stephanie Zollshan/The Berkshire Eagle via AP)
Joe Michael places election signs near an early voting site in San Antonio, Tuesday, Feb. 18, 2020. Early primary voting for began Tuesday for Texas and Arkansas ahead of Super Tuesday. (AP Photo/Eric Gay)
A voter places his ballot in the ballot counter at the downtown library polling site in Minneapolis as part of Minnesota's Super Tuesday presidential nomination primary March 3, 2020. (AP Photo/Jim Mone)
Hazel Goree, 3, waits as her mother, Kristin Goree, right, votes on Super Tuesday in Sacramento, Calif., Tuesday, March 3, 2020. (AP Photo/Rich Pedroncelli)
California Gov. Gavin Newsom , center, casts his ballot as his wife, First Partner Jennifer Siebel Newsom, left, waits to cast hers while voting on Super Tuesday in Sacramento, Calif., Tuesday, March 3, 2020. (AP Photo/Rich Pedroncelli)
Volunteer Anabelle observes other volunteers at the Paradise Senior Center, a polling place for the presidential primary during Super Tuesday on March 3, 2020 in San Diego, California. (Photo by ARIANA DREHSLER / AFP) (Photo by ARIANA DREHSLER/AFP via Getty Images)
People wait to vote during the presidential primary at the Santa Monica Public Library in Santa Monica, California on Super Tuesday, March 3, 2020 - Fourteen states and American Samoa are holding presidential primary elections, with over 1400 delegates at stake. Americans vote Tuesday in primaries that play a major role in who will challenge Donald Trump for the presidency, a day after key endorsements dramatically boosted Joe Biden's hopes against surging leftist Bernie Sanders. The backing of Biden by three of his ex-rivals marked an unprecedented turn in a fractured, often bitter campaign. (Photo by Mark RALSTON / AFP) (Photo by MARK RALSTON/AFP via Getty Images)
HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

DNC officials said Bloomberg’s money and real-estate transfers would be used to expand the party’s 12-state battleground program, with a focus on hiring additional staffers to work in organizing and data operations. Bloomberg's former campaign employees will not have any advantage in the hiring process, officials said.

“Mayor Bloomberg and his team are making good on their commitment” to stay engaged through November, said DNC Chairman Tom Perez in a statement. He added that the support will “help Democrats win up and down the ballot” and “help make sure Donald Trump is a one-term president.”

Bloomberg dropped out of the race March 4, the day after his Super Tuesday disappointment. Since then he has given tens of millions of his own money to various Democratic groups and causes.

In a memo to Perez announcing the transfer, the Bloomberg campaign said that while Trump’s “mismanagement” of the coronavirus crisis should cost him, “we should also not assume that Trump’s incompetence will be enough to make him a one-term President.”

“Trump’s ability to lie and propagate misinformation, particularly using digital tools and other means with swing voters in battleground states, will continue to ensure a close race in November. Every decision we make as Democrats must account for this,” the campaign wrote.

Since exiting the race, Bloomberg has contributed $500,000 to Voto Latino to help register Latino voters, $2 million to the group Collective Future to help register African American voters, and $2 million to Swing Left, a group focused on electing Democrats in swing districts.

The DNC’s battleground effort targets Arizona, Georgia, Ohio, Florida, New Hampshire, Nevada, North Carolina, Michigan, Pennsylvania, Texas, Virginia and Wisconsin. It's a mix of states that have flipped back and forth between the two parties in recent presidential cycles and a fewl that have leaned Republican but are expected to be competitive in November.

Though the DNC will never match its GOP counterpart in financial muscle, Perez and party leaders have placed a premium on coordination across the Democratic spectrum this presidential cycle after watching Republican quietly upstage them on data operations and voter outreach in 2016.

Democrats are still putting together a data exchange that will link campaigns, the national party’s voter file and voter information from independent groups such as the Priorities USA Super PAC, a major advertising and voter outreach player for Democratic efforts.

As part of that effort, Bloomberg and every other Democratic presidential candidate who bought the DNC’s national voter file committed to update voter information. That means, for example, that likely nominee Joe Biden’s presidential campaign will be able to use voter information that Bloomberg’s massive campaign operation gleaned while it was in operation.

Bloomberg’s direct aid to the national party is possible only because he was a presidential candidate. Federal campaign finance laws place caps on how much an individual can give a political party committee. But individuals can loan or contribute as much of their personal money to their fortunes as they want. In turn, presidential campaigns can transfer unlimited sums to official party committees.

___

Catch up on the 2020 election campaign with AP experts on our weekly politics podcast, “Ground Game.”

Read Full Story