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Obama announces new DNC unity fund

Obama announces new DNC unity fund

Former President Obama and the Democratic National Committee (DNC) on Friday announced a new fund to support the eventual party's 2020 nominee. 

Obama, in a DNC email, announced the creation of a "Democratic Unity Fund" that will go to support the party's nominee, as two dozen candidates vie for the party's nomination.

"I'm excited that the DNC asked me to announce a bold new effort: The Democratic Unity Fund. Launching today, the fund will be dedicated to electing our party's eventual presidential nominee and winning up and down the ballot in 2020," Obama said in the email.

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"The Democratic Unity Fund is a promise that whoever earns our nomination, he or she will have a strong, united, and well-organized DNC ready to spring into action the moment the general election starts -- a DNC that's ready to lift us all to victory in November," he continued.

The email comes after the DNC in 2016 faced accusations of tipping the scales in favor of the eventual nominee Hillary ClintonHillary Diane Rodham ClintonJudge rules to not release Russia probe documents over Trump tweets Trump and advisers considering firing FBI director after election: WaPo Obama to campaign for Biden in Florida MORE and against her primary challenger Sen. Bernie SandersBernie SandersBiden endorses Texas Democratic House candidate Julie Oliver Ocasio-Cortez rolls out Twitch channel to urge voting Calls grow for Democrats to ramp up spending in Texas MORE (I-Vt.), who is running again in 2020. 

The DNC, now led by Obama's former Secretary of Labor Tom PerezThomas Edward PerezClinton’s top five vice presidential picks Government social programs: Triumph of hope over evidence Labor’s 'wasteful spending and mismanagement” at Workers’ Comp MORE, has sought to introduce more transparency around the nomination process, especially around the dozen debates planned over 2019 and 2020.

More than 20 candidates are running for the party's 2020 presidential nomination, including Sanders, former Vice President Joe BidenJoe BidenTrump and advisers considering firing FBI director after election: WaPo Obama to campaign for Biden in Florida Supreme Court reinstates ban on curbside voting in Alabama MORE and Sens. Elizabeth WarrenElizabeth WarrenBiden endorses Texas Democratic House candidate Julie Oliver Democratic senators unveil bill to ban discrimination in financial services industry Obama endorses Espy in Mississippi Senate race MORE (D-Mass.) and Kamala HarrisKamala HarrisObama to campaign for Biden in Florida Biden appears on Brené Brown's podcast to discuss 'empathy, unity and courage' The Hill's Campaign Report: Obama to hit the campaign trail l Biden's eye-popping cash advantage l New battleground polls favor Biden MORE (D-Calif.).