• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Longtime Biden aide testifies he stood to earn up to $8M had president won re-election

by August 1, 2025
written by August 1, 2025

A longtime ally of former President Joe Biden told House Oversight Committee investigators that he could have been paid a total of $8 million if the former president won his 2024 re-election bid, a source familiar with the conversation told Fox News Digital.

Michael Donilon served as senior advisor to the president for the entirety of Biden’s four-year term. Their relationship goes back decades, however; Donilon first worked for Biden in 1981 when he was a U.S. senator from Delaware.

He is the latest ex-Biden administration official to sit down with the committee behind closed doors as it investigates whether the former president’s inner circle covered up evidence of his alleged mental decline, and if executive actions were signed via autopen without Biden’s full awareness.

Donilon said he did not know what the autopen was used for and did not recall having any knowledge of the autopen, the source told Fox News Digital.

But Donilon, who was the top strategist for Biden’s 2020 and 2024 campaigns, would have apparently earned some $8 million total if Biden won.

Donilon told investigators he was paid $4 million to work on Biden’s 2024 campaign, the source said. That information was reported by Axios reporter Alex Thompson and CNN host Jake Tapper in their book ‘Original Sin: President Biden’s Decline, Its Cover-up, and His Disastrous Choice to Run Again.’

The $4 million he would have gained in addition would have come if Biden had won in 2024.

Biden infamously dropped out of the 2024 race after his disastrous debate against Donald Trump in June of that year, after weeks of mounting pressure by fellow Democrats, both in public and in private.

Donilon told investigators he ‘believes the punditry and Democrats in Congress overreacted after Joe Biden’s disastrous debate,’ the source said. Donilon also argued Biden’s communications skills ‘got stronger’ during his time as president, the source added.

‘During his interview, Mr. Donilon admitted that Joe Biden’s presence wasn’t as commanding, and he could stumble over more words. Mr. Donilon stated he was frustrated and knew it was difficult to get past the visuals of President Biden that people were seeing,’ the source said.

In his opening statement, obtained by Fox News Digital, Donilon emphasized his 40-year relationship with Biden and touted the Democratic administration’s accomplishments through the COVID-19 pandemic, the rebound in job growth in its wake and the Inflation Reduction Act and other legislative wins.

‘I was with President Joe Biden from his first day in office to the last day. What I saw, day in and day out, was a leader who was deeply engaged and in command on critical issues, both at home and abroad,’ Donilon said in his statement. 

‘Every President ages over the four years of a presidency and President Biden did as well, but he also continued to grow stronger and wiser as a leader as a result of being tested by some of the most difficult challenges any President has ever faced.

‘I thought that experience was enormously valuable for the nation. I believed that President Biden was the best person to lead the country on the day he took the oath of office and I continued to believe that was true every day he served as President.’

Donilon is the eighth ex-Biden White House official to appear for the probe led by House Oversight Committee Chairman James Comer, R-Ky.

A source familiar with the Biden team’s thinking previously called Republicans’ probe ‘dangerous’ and ‘an attempt to smear and embarrass.’

‘And their hope is for just one tiny inconsistency between witnesses to appear so that Trump’s DOJ prosecute his political opponents and continue his campaign of revenge,’ that source said.

Fox News Digital reached out to Donilon’s lawyer and a representative for Biden for comment.

Fox News Digital’s Deirdre Heavey contributed to this report

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Secret Service must ‘course correct’ after alleged smuggling episode on Trump trip, former agent says
next post
Apple crushes Wall Street expectations as iPhone sales soar

related articles

Why a credit freeze isn’t the end of...

February 21, 2026

Trump torches ‘stupid’ AOC’s Munich showing, tees up...

February 21, 2026

DAVID MARCUS: To burnish Trump’s legacy, we need...

February 21, 2026

BROADCAST BIAS: Idea of giving politicians equal time...

February 21, 2026

Israelis keep suitcases packed and ready as Trump...

February 21, 2026

EPA scraps Biden coal restrictions, and advocates say...

February 21, 2026

CIA retracts, revises 19 past intelligence assessments deemed...

February 21, 2026

Trump signs off on 10% global tariff, criticizes...

February 21, 2026

EPA scraps Biden coal restrictions as advocates say...

February 21, 2026

RFK Jr defends Trump move to protect pesticide...

February 20, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • ‘Colonies problem’: Delegate’s mic cut after outcry during House speaker vote

    January 3, 2025
  • Federal judge blocks Trump administration from defunding some Planned Parenthood facilities

    July 22, 2025
  • Trump team’s Signal snafu sparks debate over secure comms: ‘Russia and China are listening’

    March 26, 2025
  • Vance, Harris, Obama issue tributes to Rev Jesse Jackson

    February 18, 2026
  • Trump to attend Tuesday’s unprecedented gathering of US military commanders

    September 29, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,023)
  • Investing (1,019)
  • Stock (979)

Latest Posts

  • Denny’s says some locations will start charging extra for eggs amid nationwide shortage

    February 25, 2025
  • Long IDCC: Breakout to all-time highs, strong bullish momentum

    August 12, 2024
  • Netanyahu publicly backs Israel-Hezbollah cease-fire plan

    November 26, 2024

Recent Posts

  • After second meeting with Hegseth, Ernst hints at whether she will or won’t support confirmation

    December 10, 2024
  • Even if Biden drops out, his record stains any Dem replacing him: MTG

    July 19, 2024
  • Retiring Corvette ‘godfather’ on EVs, spinoff and a performance SUV

    August 6, 2024

Editor’s Pick

  • With 17 days until voting starts, ‘election season’ kicks off sooner than you think

    August 20, 2024
  • Teens spend more than a quarter of their time at school on phones, new study finds

    February 4, 2025
  • REBECCA GRANT: How Tomahawks work and how they could change everything for Ukraine

    October 18, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock