Obama heads to NYC to raise money for Democrats

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President Obama will travel to New York City on Tuesday for a pair of Democratic party fundraisers.

The president will raise money for both the Democratic Senatorial Campaign Committee and the Democratic National Committee, with fundraisers for both organizations to be held at private homes in New York.

The DNC fundraiser reportedly will be at the home of Alan Patricof, the founder of a successful New York venture capital fund who also raised money for Hillary Rodham Clinton’s Senate and presidential campaigns.

Attendees at the DNC event will pay $32,500 per person.

The president will return to Washington late Tuesday night.

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