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 ClintonGOP senator says idea that Ukraine interfered in US election is 'not a conspiracy theory' Cotton: Democrats are 'upset that their witnesses haven't said what they want them to say' Trump's troubles won't end with a Senate acquittal MORE and against her primary challenger Sen. Bernie SandersBernie SandersPoll: Sanders leads Biden by 9 points in Iowa Poll: Biden leads in Iowa ahead of caucuses The Memo: Impeachment dominates final Iowa sprint 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 denies telling Bolton Ukraine aid was tied to investigations Former senior Senate GOP aide says Republicans should call witnesses Title, release date revealed for Bolton memoir MORE and Sens. Elizabeth WarrenElizabeth Ann WarrenPoll: Sanders leads Biden by 9 points in Iowa Poll: Biden leads in Iowa ahead of caucuses The Memo: Impeachment dominates final Iowa sprint MORE (D-Mass.) and Kamala HarrisKamala Devi HarrisBiden leads 2020 pack in congressional endorsements Harris on 2020 endorsement: 'I am not thinking about it right now' Panel: Is Kamala Harris a hypocrite for mulling a Joe Biden endorsement? MORE (D-Calif.).