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 ClintonSanders: 'Outrageous' to suggest Gabbard 'is a foreign asset' Clinton attacks on Gabbard become flashpoint in presidential race Saagar Enjeti: Clinton remarks on Gabbard 'shows just how deep the rot in our system goes' MORE and against her primary challenger Sen. Bernie SandersBernie SandersWarren to protest with striking Chicago teachers Sanders: 'Outrageous' to suggest Gabbard 'is a foreign asset' Democratic strategist: Sanders seeking distance from Warren could 'backfire' 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 says he doesn't want NYT in the White House Warren to protest with striking Chicago teachers Schiff punches back after GOP censure resolution fails MORE and Sens. Elizabeth WarrenElizabeth Ann WarrenWarren to protest with striking Chicago teachers Overnight Health Care — Presented by Partnership for America's Health Care Future — Four companies reach 0M settlement in opioid lawsuit | Deal opens door to larger settlements | House panel to consider vaping tax | Drug pricing markup tomorrow On The Money: Trump dismisses 'phony Emoluments Clause' after Doral criticism | Senate Dems signal support for domestic spending package | House panel to consider vaping tax MORE (D-Mass.) and Kamala HarrisKamala Devi HarrisClinton attacks on Gabbard become flashpoint in presidential race Poll: Biden holds 10-point lead nationally over Warren Trump declines to participate in Weather Channel 2020 climate change special MORE (D-Calif.).