The 54-year-old candidate told Reuters on November 2 that he would attend fundraisers in several major cities after announcing his candidacy last week. Phillips is the chairman of Talenti Gelato, the third-largest ice cream brand in the United States. The millionaire businessman served three terms as a congressman in a district with unpredictable support in Minnesota. He said he would not accept money from lobbyists and would not seek sources other than groups that raise money on his behalf, focusing on smaller donors. "I think money in politics is incredibly destructive," he said, adding that many politicians listen more to the concerns of donors than to ordinary voters.
Candidate Dean Phillips meets supporters in New Hampshire
Last month, President Biden’s re-election campaign said it raised $71 million in the third quarter. Observers say Phillips is unlikely to hurt Biden’s chances of winning the Democratic nomination, given the president’s deep pockets and the party’s official support. But they worry that any challenge to Biden could hurt the party’s chances against Republican Donald Trump. In addition to Phillips, the Democratic Party also has Marianne Williamson, 71, an author, speaker and political activist who ran in the 2020 primary but withdrew before the vote.
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