Press "Enter" to skip to content

Biden Team Won’t Say Who’s Currently Funding The Transition

President-elect Joe Biden is preparing to ramp up his new administration. But who, exactly, is providing him with the funds to do so remains a mystery.

The Trump administration has so far refused to provide standard sources of funding for the transition in light of the president’s dubious claims of a stolen election and ongoing litigation regarding supposed voter fraud in key electoral contests. That’s left Biden’s transition team to rely entirely on funds provided by private donors.

But Biden’s team is declining to provide details on the precise sources of those funds—or even how many donors its presidential transition entity has, or the total amount they’ve given to date. Efforts to get that data or any other details were politely declined by a Biden spokesperson on Tuesday.

That information will eventually be disclosed after Biden’s inauguration in January. But for now, the presidential transition is being underwritten entirely by political supporters who’ve chipped in to support the effort since the summer, and who remain largely anonymous. The transition team will have a dramatic impact on the makeup of the Biden administration right out of the gate—not just who staffs key federal agencies, but the policy proposals that they’ll work to put into effect starting on January 21.

That gives the people working to craft that transition, and the people providing the funds to do so, a potentially huge impact on the political direction of the nation going forward. But to the extent any special interests are attempting to influence the process through financial contributions, those contributions remain, for now, shrouded from public view.

White House Instructs Agencies to Ignore Biden’s Transition Team Until Trump Accepts Defeat, Says Report

According to documents filed with state charity regulators in Florida and North Carolina in August, the Biden transition, which operates under the name PT Fund Inc., said it expected to raise about $5.7 million this year, though recent reporting suggests it’s now on track to far exceed that total. In charity registration filings, the PT Fund said it anticipated financial and logistical cooperation from the General Services Administration, the agency that oversees presidential transitions. But that agency has so far refused to cooperate with the Biden transition team. Read from source….