Joe Biden Launching Fundraising PAC Amid 2020 Speculation

Official portrait of Vice President Joe Biden in his West Wing Office at the White House, Jan. 10, 2013. (Official White House Photo by David Lienemann) This official White House photograph is being made available only for publication by news organizations and/or for personal use printing by the subject(s) of the photograph. The photograph may not be manipulated in any way and may not be used in commercial or political materials, advertisements, emails, products, promotions that in any way suggests approval or endorsement of the President, the First Family, or the White House.

Former Vice President Joe Biden is launching a political action committee amid speculation that he may run for president in 2020.

Biden plans to announce Thursday that he’s forming the “American Possibilities” PAC. The committee will allow him to raise money for candidates and maintain relationships with longtime donors.

In an email to supporters and a Medium post, Biden plans to say that “the negativity, the pettiness, the small-mindedness of our politics drives me crazy.” Biden isn’t mentioning President Donald Trump by name but says that kind of politics is “not who we are.”

The 74-year-old Biden has said he probably won’t run for president in 2020 but hasn’t totally ruled it out. He strongly considered running in 2016.

Biden’s former White House aide Greg Schultz will run the PAC.

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