Official announcement from Joe Biden or the Democratic Party

Exclusive: Major Democratic Donors Threaten Boycott Over Biden's Re-election Bid

Jul 4, 2024, 10:25 PM

Major Democratic donors are expressing dissatisfaction with President Joe Biden's intention to remain on the ballot for the upcoming election. According to various reports, these wealthy donors are threatening to boycott financing the party unless Biden steps aside. They are also devising plans to pressure Biden to abandon his re-election campaign and are considering alternatives for the Democratic ticket. The New York Times reports that the donors are discussing redirecting their financial support to other candidates if Biden does not comply. An exclusive report highlights the extent of the donors' concerns.