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Democratic Donors Filled Venue for a “Real Billionaire”

On March 18, 2025, Illinois Governor J.B. Pritzker participated in a speakers’ series launched by the Center for American Progress (CAP). The event, held at CAP’s headquarters in Washington, DC, was introduced by Neera Tanden, the Democratic think tank’s CEO and president. Tanden expressed delight at the large turnout, both in-person and online, for what she described as one of their largest events.

The gathering, which took place in CAP’s expansive atrium that extends three stories, was filled to capacity. Despite the impressive attendance, the response seemed less a tribute to CAP and more a reaction to its perceived shortcomings. The publicity surrounding Pritzker’s appearance highlighted challenges in messaging by Democratic Party leaders. CAP’s slogan, “Boldly Forward,” echoed past campaign slogans from Hillary Clinton’s 2016 presidential run, while Pritzker’s talk was titled “A Better Way Forward.”

During his speech, Pritzker disapproved of the title given to his talk, stating, “I think about that and I think the only way out is through.” He addressed issues such as individuals like Elon Musk undermining government structures and described the Trump administration’s deportation raids as leering cruelty.

The event’s high turnout may have been influenced by Pritzker’s potential candidacy for the Democratic presidential nomination in 2028. He used the forum to test his campaign messages, appealing to policy insiders and donors with points about his accomplishments in Illinois, such as reducing college costs and protecting reproductive rights. However, his call to address the $7.25 minimum wage received less enthusiasm.

Pritzker’s most notable speech was at the 2024 Democratic National Convention, where he criticized Donald Trump from the perspective of an “actual billionaire.” As an heir to the Hyatt hotel fortune, his role as a billionaire championing working families’ causes evoked mixed reactions, suggesting he needs to channel a populist approach reminiscent of Franklin Roosevelt.

During his speech, Pritzker emphasized supporting small businesses, referencing Illinois companies like John Deere, which started as small enterprises. However, John Deere’s decision to offshore jobs while posting significant profits highlighted the complexities of the economic landscape Pritzker advocates.

The event reflects the Democratic Party’s current challenges and opportunities as leaders like Pritzker articulate a vision for the future while addressing pressing economic and social concerns.

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