In the wake of President-elect Donald Trump's resounding victory over Vice President Kamala Harris in the November elections, a consortium of affluent Democratic donors is set to convene in Palm Beach, Florida in early 2025.
The meeting's agenda is to strategize on how the Democratic Party can bounce back from this significant political setback.
The gathering, dubbed "Democracy Matters," is being organized by American Bridge, according to The Post Millennial. The group, which comprises several nonprofit organizations and a super PAC, successfully raised approximately $150 million during the 2024 election cycle. The meeting, scheduled to run from January 31 to February 3, will be held at a luxury hotel in Palm Beach.
The event, now in its seventh iteration, is expected to attract around 150 donors and potential donors. Attendees will have the opportunity to engage with elected officials who triumphed in particularly challenging races. The speakers' roster includes notable figures such as Mitch Landrieu, a former official in the Biden administration, Jennifer Rubin, an opinion columnist for the Washington Post, and Jim Messina, the campaign manager for Barack Obamas re-election, among others.
Bradley Beychok, co-founder of American Bridge, acknowledged the party's recent defeat, stating, "This was a close election, and we lost. But we cant just move on without identifying what we as a party failed at, addressing solutions and forging ahead. Our job is to analyze a 360-degree view of last November and offer solutions to help address and solve for the challenges that lie ahead."
This meeting comes amid growing dissatisfaction within the Democratic ranks over the Kamala Harris campaign's expenditure of billions of dollars. Lindy Li, a member of the DNC National Finance Committee, expressed this frustration to NewsNation, stating that donors are "feeling frustrated" because "no one has taken any responsibility."
Li further criticized the lack of transparency, stating, "It's been almost two months, and no one has given any sort of honest or comprehensive answers as to why they blew through essentially $2.5 billion." She added, "And there's been no introspection, no sense of humility."
Li also pointed out the lack of accountability among the "consultant class in Washington DC," who she claims move "from one campaign to the next and they dont learn any lessons." This critique underscores the need for the Democratic Party to reassess its strategies and expenditure in the wake of the recent electoral defeat.
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