• 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
GOP senators rally around effort to end ‘radical wokeness’ in HHS task force
next post
Apple crushes Wall Street expectations as iPhone sales soar

related articles

Federal judge to sentence Justice Brett Kavanaugh’s attempted...

October 3, 2025

Hawley blasts FDA approval of new abortion drug,...

October 2, 2025

Trump’s DOGE savings dwarfed by Medicare, Social Security...

October 2, 2025

FLASHBACK: James Comey urged officials to always prosecute...

October 2, 2025

The agency staff Vought might recommend cutting and...

October 2, 2025

Reagan-appointed judge, once rebuked by Supreme Court, continues...

October 2, 2025

‘Real consequences’: Food aid, flood insurance, FEMA funds...

October 2, 2025

Trump must triple severely outdated nuke arsenal to...

October 2, 2025

White House says federal layoffs could hit ‘thousands’...

October 2, 2025

Johnson shuts door on negotiating shutdown deal as...

October 2, 2025
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

  • Jeff Bezos’ fiancée Lauren Sanchez sparks backlash at Trump inauguration with lingerie-inspired outfit

    January 20, 2025
  • Red Lobster cleared to exit Chapter 11 bankruptcy

    September 6, 2024
  • Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024

    January 14, 2025
  • Trump downplays Canada’s liberal lean from Oval Office, calls border an ‘artificial line’

    March 21, 2025
  • Vance, Walz spar over abortion and immigration in first and only VP debate

    October 2, 2024

Popular Posts

  • 1

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

    July 21, 2024
  • 2

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

    July 19, 2024
  • 3

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

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,248)
  • Investing (634)
  • Stock (935)

Latest Posts

  • Political cartoons of the day

    July 21, 2024
  • Millennials reimagine retirement: ‘The end game might not be … sitting on my Adirondack chair’

    February 4, 2025
  • Apple has survived Trump’s tariffs so far. It might raise iPhone prices anyway.

    September 4, 2025

Recent Posts

  • Republican Rep. Joe Wilson announces plan to propose $250 bill featuring Trump

    February 27, 2025
  • JD Vance poised to clinch victory for Trump’s landmark bill as GOP finalizes strategy

    June 27, 2025
  • SCOOP: GOP Ukraine supporters alarmed after explosive Trump, Zelenskyy meeting

    February 28, 2025

Editor’s Pick

  • EPA places numerous employees on leave for alleged misuse of official titles in unauthorized letter

    July 3, 2025
  • Israel’s Netanyahu delays Gaza cease-fire vote, accusing Hamas of trying to back out of deal

    January 16, 2025
  • Republicans scrap deal in ‘big, beautiful bill’ to lower restrictions on states’ AI regulations

    July 1, 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