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Fundraising for the Obama Re-election campaign kicked into high gear this week. Last night, Jay-Z and Beyonce held a fundraiser for the president at Jay’s New York City establishment The 40/40 Club and collected an astounding amount of money.

The $40,000 a plate event collected a cool four million dollars from the attendees. While enjoying their meal, President Obama addressed his constituents. He complimented Beyonce for being a good role model for his daughters to look up to. Obama also thanked the power pair for the continued friendship and support. Though both men have referenced their friendship in public before, Obama joked that his bond with Jay-Z was based on the women in their lives.

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“We both have daughters and our wives are more popular than we are. So, you know, we’ve got a little bond there. It’s hard but it’s okay,” President Obama cracked.

Though she was mentioned quite a bit, Michelle Obama did not attend the fundraiser dinner.

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