President Barack Obama will return to the Bay Area on Thursday, June 6 for a pair of pricey fundraisers to help U.S. Senate Democrats keep their majority in next year’s midterm elections.
Tickets for a 5 p.m. reception at the Palo Alto home of Mike McCue – who helped found tech companies including Paper Software, Tellme Networks and Flipboard – and his wife, Marci, start at $2,500 and range up to $12,000 per person or $15,000 per couple. But it’ll cost a cool $32,400 per person to get into a 6:30 p.m. dinner and discussion at the Portola Valley home of Sun Microsystems founding CEO and venture capitalist Vinod Khosla and his wife, Neeru.
“With key second-term issues ranging from immigration reform to climate change to trying again on gun violence prevention, the stakes for holding the Senate couldn’t be higher,” said Wade Randlett, one of the president’s pre-eminent fundraising bundlers in the Bay Area.
U.S. Senators Chuck Schumer, D-N.Y., and Michael Bennet, D-Colo., are expected to attend both events. Bennett now chairs the Democratic Senatorial Campaign Committee, which these fundraisers will benefit; Schumer chaired the DSCC from 2005 to 2009, during which Democrats made significant gains in the Senate, and he’s currently the third-ranking Democrat in the Senate’s leadership.
A contribution of $32,400 enrolls one as a DSCC “Majority Trust” member and, along with other benefits, allows for attendance at the DSCC’s signature retreats.
These fundraisers will be held just two months after President Obama’s last Bay Area visit, during which he raised money in San Francisco and Atherton for the Democratic Congressional Campaign Committee and the Democratic National Committee.