The Democratic Party advocates transparency and accountability in the way political donations are handled. However, one pro-Biden group is refusing to disclose the massive political donations it might have obtained. Hans Nichols, author of Sneak Peek, had this story in Axios. Here is an excerpt:

A Pro-Biden group, operating with the White House’s blessing, plans to raise unlimited funds — and grant donors anonymity — as it prepares to promote and protect the president’s agenda from the outside.

Why it matters: By not capping anonymous contributions, the group, called Building Back Together, will have an easier time raising money, ahead of its anticipated launch next month to defend Biden’s policies, including his $1.9 trillion relief package.

• • “We will work collaboratively with existing groups who are working toward those same goals,” read a statement from the organization.

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