
Mike Donilon, former President Joe Biden’s longest-serving political aide, told congressional investigators Thursday that he stood to make $8 million from Biden’s 2024 reelection campaign, half of which was already paid and the remaining $4 million contingent on an electoral victory.
The revelation came during Donilon’s closed-door testimony before the House Oversight Committee, which is examining Biden’s cognitive decline and fitness for office during his presidency. Donilon told congressional investigators Thursday that he was paid $4 million for his work on Biden’s 2024 re-election campaign and would have made an additional $4 million if Biden had won, according to a person familiar with his testimony.
Financial Incentives Under Scrutiny
The testimony highlights potential conflicts of interest in Biden’s inner circle during crucial decisions about his candidacy. Donilon’s testimony shows he had a financial incentive for Biden to run for re-election even as the majority of voters expressed doubts about the president’s ability to do the job for another four years.
Donilon’s $4 million salary was first reported in the book “Original Sin,” but the potential $4 million bonus was previously unknown. The compensation package dwarfs that of other senior campaign officials.
Campaign chair Jen O’Malley Dillon made $300,000 and went to the campaign at the same time as Donilon.
Former Democratic Representative Dean Phillips previously described Donilon as one of the “ringleaders” trying to keep Biden in the 2024 presidential race, warning that figures like him are motivated by “self-preservation.”
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