Longtime Biden aide testifies he stood to earn up to $8M had president won re-election

Biden advisor Michael Donilon sat down with House Oversight Committee investigators for roughly six hours on Thursday.

Former Biden advisor Mike Donilon testified in a closed-door hearing as part of the House Oversight probe into the ex-president’s cognitive fitness. (Getty Images)

But Donilon, who was the top strategist for both Biden's 2020 and 2024 campaigns, would have apparently earned some $8 million total if Biden won.

Donilon told investigators that he was paid $4 million to work on Biden's 2024 campaign, the source said, information that was reported by Axios reporter Alex Thompson and CNN host Jake Tapper in their book "Original Sin: President Biden's Decline, Its Cover-up, and His Disastrous Choice to Run Again."

The $4 million he would have gained in addition would have come if Biden won.

Biden infamously dropped out of the 2024 race after his disastrous debate against now-President Donald Trump in June of that year, following weeks of mounting pressure by fellow Democrats – both in public and in private.

House Oversight Chair James Comer (R-Ky.) is leading the probe into whether Biden’s staff concealed signs of his alleged mental decline. (Anna Moneymaker/Getty Images)

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"I was with President Joe Biden from his first day in office to the last day. What I saw, day in and day out, was a leader who was deeply engaged and in command on critical issues, both at home and abroad. Every President ages over the four years of a presidency and President Biden did as well, but he also continued to grow stronger and wiser as a leader as a result of being tested by some of the most difficult challenges any President has ever faced," Donilon said his statement.

"I thought that experience was enormously valuable for the nation. I believed that President Biden was the best person to lead the country on the day he took the oath of office and I continued to believe that was true every day he served as President."

Donilon is the eighth ex-Biden White House official to appear for the probe, being led by House Oversight Committee Chairman James Comer, R-Ky.

Fox News Digital reached out to Donilon's lawyer and a representative for Biden for comment.

Elizabeth Elkind is a politics reporter for Fox News Digital leading coverage of the House of Representatives. Previous digital bylines seen at Daily Mail and CBS News.

Follow on Twitter at @liz_elkind and send tips to elizabeth.elkind@fox.com

https://www.foxnews.com/politics/longtime-biden-aide-testifies-he-stood-earn-up-8m-had-president-won-re-election