Biden raises money at Tom Steyer home in San Francisco

FILE PHOTO: Democratic U.S. presidential candidate Tom Steyer speaks with fellow Democratic U.S. presidential candidate and former U.S. Vice President Joe Biden during the Martin Luther King Jr. Day parade in Columbia

By Jeff Mason

SAN FRANCISCO (Reuters) – President Joe Biden raised money for his re-election campaign on Wednesday at the San Francisco home of billionaire climate activist Tom Steyer as part of an end-of-the-quarter push to bolster his 2024 chances.

In his remarks, Biden warned about the dangers of climate change, among other topics.

Biden later was to attend a second fundraising event in San Francisco hosted by a co-founder of Facebook, Andrew McCollum. McCollum is now chief executive officer of streaming service Philo. He spoke at a fundraiser in Atherton, California, on Tuesday hosted by hosted by Liz Simons and Mark Heising.

On Thursday in Phoenix, Biden will speak at a final fund-raising event before ending his Western swing and returning to Washington.

Biden has relied on Steyer in the recent past. A month ago Biden spent a week of vacation at a vacation home owned by Steyer on the Nevada side of Lake Tahoe. The White House said he paid a market rate to rent the home.

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Biden’s campaign said on July 14 that he had raised $72 million during the first quarter since his campaign formally launched in April.

(Reporting by Jeff Mason and Steve Holland; Editing by Josie Kao)

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