Tags: 2020 Elections | joe biden | presidential | campaign | financing | 2020

NYT: Biden Cautious Making Money Before 2020 Campaign

former vice president joe biden folds his hands at the podium on stage at the world economic forum conference
Former Vice President Joe Biden (Michel Euler/AP)

By | Tuesday, 01 January 2019 06:21 PM

Former Vice President Joe Biden has taken a cautious approach to making money ahead of a potential 2020 run to avoid criticism Hillary Clinton received during the 2016 presidential campaign, The New York Times reports.

Biden, 76, is expected to announce his plans in the coming weeks.

The Times probed tax returns, public records, speaking contracts, and spoke with sources close to Biden in reporting the former Delaware senator will not speak for pay to corporate, advocacy or foreign groups, does not consult or sit on boards, will not accept foreign contributions for his nonprofits or money from drug companies for the Biden Cancer Initiative and will not accept state funds or tuition funds as payment for university appearances.

Since leaving office in 2016, Biden has earned more money than in the prior two decades, but mostly from a three-book deal with Flatiron Books reportedly worth about $8 million. He has also helped start three foundations, academic centers at the Universities of Pennsylvania and Delaware and a political action committee.

Biden in early December discussed his 2020 prospects, saying he believes he is the "most qualified person" to be president.

"I'll be as straight with you as I can: I think I'm the most qualified person in the country to be president," Biden during a stop for his book tour at the University of Montana. "The issues that we face as a country today are the issues that have been in my wheelhouse, that I've worked on my whole life."

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To avoid criticism Hillary Clinton received during the 2016 presidential campaign, former Vice President Joe Biden has taken a cautious approach to making money ahead of a potential 2020 run, according to The New York Times.
joe biden, presidential, campaign, financing, 2020
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2019-21-01
Tuesday, 01 January 2019 06:21 PM
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