ATLANTA – The largest political action committees representing communities of color – AAPI Victory Fund, The Collective PAC, and Latino Victory Fund – are today endorsing President Joe Biden and Vice President Kamala Harris for re-election and announcing a historic $30 million commitment to mobilize communities of color for the Biden-Harris ticket ahead of the November election.

The formal announcement will come later today at a rally with President Biden and First Lady Dr. Jill Biden in Atlanta.

“President Biden and Vice President Harris have delivered for Asian American Pacific Islanders, and that’s why the AAPI Victory Fund stands strongly behind the Biden-Harris ticket,” said Joe Nguyễn, President and CEO of the AAPI Victory Fund. “Asian American voters are going to be key to the success of Democratic candidates up and down the ballot in 2024. Between now and Election Day, we have robust plans to persuade and mobilize AAPI voters in culturally competent ways to speak to our communities’ values – while also aggressively calling out the harmful, xenophobic policies and rhetoric coming from Donald Trump and extremist Republicans.”

“We’ve got the receipts: Joe Biden and Kamala Harris have delivered for the Black community and they’re going to keep fighting for us over the next four years," said Quentin James, President of The Collective PAC, the largest political action committee supporting Black candidates in the nation. "From creating 2.6 million jobs for Black workers, cutting Black child poverty in half, reducing the racial wealth gap by increasing Black wealth by 60 percent, appointing more Black judges than every other President combined, and prosecuting the killers of George Floyd and Ahmaud Arbery, this administration made promises and kept them. And while we definitely have more work to do together, we cannot allow a twice-impeached, racist, insurrectionist back into the White House.”

“President Joe Biden and Vice President Kamala Harris have kept their commitment to the Latino community, and Latino Victory Fund is proud to support the Biden-Harris winning ticket this election” said Sindy Benavides, President and CEO of Latino Victory Fund. “From enacting the American Rescue plan that led to the largest Latino unemployment rate drop on record and expanding the Child Tax Credit, achieving a 43% reduction in Latino child poverty to the Inflation Reduction Act that capped insulin prices at $35 a month for people with Medicare, this administration has led with working families in mind and shown an unwavering commitment to our community and our democracy. From now until Election Day, Latino Victory Fund will mobilize Latino voters across battleground states and ensure our communities turn out to vote in what will be one of the most important and consequential elections of our lifetime. We must show up for who has shown up for us, and that is President Joe Biden and Vice President Kamala Harris.”

The Biden-Harris Administration has delivered historic results for communities of color in their first term in office:

• Canceled student debt for more than 3.9 million borrowers and created new rules that will cut the average Black borrower’s payments in half, after Trump’s nominees to the Supreme Court stopped President Biden’s larger debt forgiveness plan.

• Created 2.6 million jobs for Black workers and achieved the lowest Black unemployment rate on record.

• Covered almost two-thirds of births for Black mothers, helped to address Black maternal mortality, by expanding Medicaid coverage after birth from two to 12 months in most states.

• Asian American unemployment has fallen by more than half since Biden took office. The Small Business Administration has distributed more than $16 billion in loans to AA and NHPI entrepreneurs. The number of Asian-American owned businesses increased by 18% compared to pre-pandemic.

• AANHPI Americans are represented throughout the Biden-Harris Administration, including Vice President Kamala Harris, the first vice president of South Asian descent.

• Created nearly 12 million jobs, achieving the lowest unemployment rate on record for Latinos.

• Cut Latino child poverty by 43% through the American Rescue Act and Inflation Reduction Act.

• The Administration invested $450 billion and provided emergency relief to more than 6 million small businesses - leading Latinos to start new businesses at the fastest rate in the last decade.

ABOUT AAPI VICTORY FUND:

The AAPI Victory Fund is the only national PAC with the goal of increasing AAPI representation in elected offices and winning elections for candidates that share our values. We invest in paid advertising in order to persuade and mobilize AAPI voters to vote for our endorsed candidates.

ABOUT THE COLLECTIVE PAC:

The Collective PAC is working to create an America where Black people are equally represented at every level of government. The Collective PAC is strategically focused on creating a truly equitable democracy where our nation’s local, state, and federal governments have diverse and talented elected leadership and Black people are fully represented in positions of power to create the policies necessary to progress our communities forward. Over the past eight years, The Collective PAC has successfully helped 425 Black candidates win elections across the United States.

ABOUT LATINO VICTORY FUND:

The Latino Victory Fund is a progressive political action committee with the mission of growing Latino political power by increasing Latino representation at every level of government – from the county board to the Senate to the White House.

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