Biden campaign to raise $25m ‘money bomb’ at event with Obama and Clinton

President to appear onstage with Democratic predecessors in New York City and haul will widen lead over Trump in fundraising

Joe Biden will appear onstage with Barack Obama and Bill Clinton, his two most recent predecessors as a Democratic president, in New York City on Thursday night, a presidential extravaganza the Biden-election campaign said would raise a “historic” $25m.

Such a haul, which Politico called an “NYC money bomb”, will widen Biden’s lead over Donald Trump in fundraising for the November election.