Blackstone’s Tony James Hosts Fundraiser for Biden

  • Biden seeks to balance Wall Street with progressives’ demands
  • James is seen as a potential member of a Biden administration

Tony James

Photographer: Patrick T. Fallon/Bloomberg
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Blackstone Group Inc. Executive Vice Chairman Tony James hosted a small, high-dollar fundraiser for Democratic nominee Joe Biden on Wednesday.

James and his wife, Amabel, led the virtual event for 30 donors with Biden, who’s been appearing nearly daily at fundraisers before the end of the quarter next week. Biden has been seeking to balance his efforts to raise hundreds of millions of dollars for his campaign from wealthy donors with the policy concerns of progressives who hope to see him enact tough rules on Wall Street if elected.