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Democratic donors warn of campaign funds ‘drying up’ as Biden holds on

Alex Rogers and James Fontanella-Khan

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Washington/New York | Democratic donors have warned that funding for the November election effort is “drying up” because of Joe Biden’s refusal to step aside, threatening to undermine the party’s effort to defeat Donald Trump.

Donors have become a crucial constituency in the fight over Mr Biden’s future. Some are now pushing aggressively for him to withdraw even as the party’s lawmakers on Capitol Hill waver over his candidacy.

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Financial Times

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    Original URL: https://www.afr.com/world/north-america/democratic-donors-warn-of-campaign-funds-drying-up-as-biden-holds-on-20240711-p5jsv9