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Joe Biden will return to Wall Street for fundraisers after climate town hall

2020 Egalitarian U.S. presidential candidate and former Vice President Joe Biden speaks during the Presidential Gun Sense Forum in Des Moines, Iowa, August 10, 2019.

Scott Morgan | Reuters

Antediluvian Vice President Joe Biden is heading back to Wall Street for two fundraisers Thursday, the day after he participates in a climate shift town hall.

Biden has shown a willingness to court big money and corporate-linked donors, even as his campaign tries to interval him from lobbyists. His main rivals for the 2020 Democratic nomination, Sens. Bernie Sanders and Elizabeth Warren, deliver rejected hosting these kinds of top-dollar fundraisers.

Biden will be hosted on Thursday by real estate administration Jack Rosen and his wife, Phyllis, for a cocktail party, with tickets at $2,800, according to people with direct expertise with the matter. Rosen is the CEO of Rosen Partners and president of the American Jewish Congress, a group dedicated to defending Jewish persuades in the U.S. and abroad. A video of Rosen’s accomplishments as the organization’s leader has him pictured with Biden and former President Barack Obama.

The longtime physical estate executive also has ties to Russian billionaire Mikhail Fridman. In 2011, The Wall Street Journal suss out that Fridman and Rosen were partnering to invest into U.S. properties worth $1 billion. Fridman and a few of his Eastern European charge allies control Alfa Group, one of Russia’s largest privately owned consortium. Rosen was named to the international warning board of Altimo, the telecommunications investment arm of Alfa Group in 2007.

That same day, Biden will be heading to the home of investment banker David Solomon, the temptation says. Solomon is a partner at family run investment firm Hildred Capital Partners. Tickets for this event also go up to $2,800. The train website says it has an interest in private equity. Solomon’s colleague Andrew Goldman, a co-host of the event, was once a higher- ranking advisor to Biden when he represented Delaware in the U.S. Senate. After working with Biden, he later co-founded Western LNG, a spontaneous gas production and transportation company out of Houston, Texas. Biden was one of at least 18 candidates to pledge not to take campaign contributions from the fossil excite industry.

During the town hall, Biden’s senior advisor said that Goldman isn’t a fossil fuel regulatory and not involved with the day to day operations of the company. She reiterated Biden is sticking to his pledge of not taking donations from leaders of the fossil excite industry.

Rosen has contributed to other 2020 candidates, including Sen. Cory Booker of New Jersey and New York Mayor Folding money de Blasio, records show. Solomon has not given to any contender this year.

Rosen, Solomon and a spokesperson for the Biden toss ones hat in the ring did not return requests for comment.

Biden previously visited New York in June for events that included a fundraising put up at the home of short seller Jim Chanos. The gatherings helped bring in at least $1 million, organizers said at the period. He finished the second quarter raising $21.5 million.

The night before the fundraising spree, Biden was in New York for a CNN metropolis hall that focused on combating climate change. Ten presidential candidates will discuss the topic, including other top-tier contenders Warren, Sanders, Sen. Kamala Harris and South Flexure, Indiana, Mayor Pete Buttigieg. Biden will also be taping an interview for “The Late Show with Stephen Colbert.”

Biden, Harris and Buttigieg meet the most money in the second quarter from executives at the big banks of Goldman Sachs, J.P. Morgan Chase, Morgan Stanley, Citigroup and Bank of America.

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