Biden fundraiser says big-money donations have suddenly disappeared, warns of major mistake.

Top Democratic fundraiser Lindy Li has recently highlighted the challenges in securing donations for President Biden’s re-election campaign as pressure mounts for him to step aside. Li revealed that big money fundraising has slowed down significantly, with major donors who had pledged hefty sums suddenly retracting their support. These donors, often successful business figures, view the election as a business investment, backing campaigns they perceive as likely winners. Unfortunately, the current situation does not look promising, as noted by Li in her candid assessment. She emphasized the harsh reality of the situation, acknowledging the difficulty of the fundraising landscape for Biden’s campaign amid growing calls for his withdrawal.

When questioned about Vice President Kamala Harris potentially taking Biden’s place, Li stressed that overlooking Harris would be a grave mistake. She underlined the crucial support of the base, particularly Black Americans, in the defeat of Trump, emphasizing the significance of Harris as a candidate. Li praised Harris’s skills as a prosecutor and her relentless efforts to challenge Trump, making her a strong contender if Biden were to step down. The fundraiser reiterated the importance of Harris in the Democratic lineup, warning against dismissing her as a potential successor to Biden.

While Biden and his team have expressed their commitment to staying in the race, speculations arise regarding Harris’s viability as a candidate. Reports suggest that Biden is questioning Harris’s potential for victory, with polls indicating her comparable or superior performance against Trump. As calls for Biden’s withdrawal grow louder, Harris emerges as a prominent choice to replace him, primarily due to her presumed access to the extensive funds collected by the Biden-Harris campaign. Other contenders would face challenges in tapping into the substantial financial resources accumulated throughout the race, giving Harris a strategic advantage in a potential transition.

In response to claims regarding Biden’s potential withdrawal, the White House has refuted such assertions, emphasizing the president’s unwavering commitment to the campaign. The administration reiterated Biden’s determination and eagerness to continue campaigning, dismissing any notions of him stepping aside. These statements aim to quell doubts about Biden’s intentions and reassure supporters of his dedication to the electoral race.