Loading...
Market
Will Biden's campaign funds be transferred to the DNC by end of 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Official statements from the Democratic National Committee or campaign finance reports
Story
Biden's $240 Million Campaign Funds in Limbo After Dropping Out of 2024 Race
Jul 21, 2024, 09:10 PM
President Joe Biden has announced that he will not seek reelection in 2024, raising questions about the future of his campaign funds. Biden's campaign had amassed a significant war chest, including $240 million in total and $91 million in cash on hand as of the end of May. The disposition of these funds is uncertain, with potential scenarios including Vice President Kamala Harris gaining control if she becomes the nominee. Experts on campaign finance law are divided on how easily the funds can be transferred. The situation is unprecedented in modern campaign finance history, leaving many to speculate on the next steps for the Biden-Harris campaign's financial resources. Biden's abrupt exit leaves a giant pot of money up for grabs.
View original story
Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
No violation • 25%
Minor violation • 25%
Major violation • 25%
Other outcome • 25%
Yes • 50%
No • 50%
Individual donors • 25%
Super PACs • 25%
Corporate donors • 25%
Other • 25%
Less than $10 million • 25%
$10 million to $20 million • 25%
$20 million to $30 million • 25%
More than $30 million • 25%
