Obama’s political team wants to raise $50 million to push his agenda: Organizing for Action has been set up as a tax-exempt “social welfare group.” That means it is not bound by federal contribution limits, laws that bar White House officials from soliciting contributions, or the stringent reporting requirements for campaigns. In their place, the new group will self-regulate.
Officials said it would voluntarily disclose the names of large donors every few months and would not ask administration personnel to solicit money, though Obama aides will probably appear at some events.
Giving or raising $500,000 or more puts donors on a national advisory board for Mr. Obama’s group and the privilege of attending quarterly meetings with the president, along with other meetings at the White House. Moreover, the new cash demands on Mr. Obama’s top donors and bundlers come as many of them are angling for appointments to administration jobs or ambassadorships.
The goal is to harness those resources in support of Mr. Obama’s second-term policy priorities, including efforts to curb gun violence and climate change and overhaul immigration procedures.