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☆ Big-dollar Democratic donors are split: Hold the line or abandon Biden?
  + stars: | 2024-07-20 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +8 min
Advertisement"The donors that I'm in contact with are solidly behind Biden because we know Biden and Harris can defeat Trump," Ajay Bhutoria, the deputy national finance chair of Biden's National Finance Committee, told Business Insider. A spokesperson for the Biden campaign declined to comment on this story, and a Democratic National Committee spokesperson did not respond to a request for comment. Two wealthy donors told BI that they've lost faith in the Biden campaign just in the past month and that a new, younger Democratic nominee is needed to energize the base. But on Wednesday, the donor told BI that their thinking, along with other donors they have spoken to, has changed. Wasn't just the debate but everything since," the donor told BI in a text message on Wednesday.
Persons: —, Joe Biden, Reed Hastings, Gideon Stein, Biden, aren't, Harris, Donald Trump, Trump, Ajay Bhutoria, Lauren Hitt, Jeffrey Gural, Joe, Gural, Wasn't, Pres Biden, Bill Harris, Kamala Harris, Sen, Cory Booker of, Dem, that's, Amy Goldman Fowler, Peter Lowry, Lloyd Austin, Bhutoria, he's, Biden's Organizations: Service, Netflix, Business, Democratic, Biden, Biden's National Finance Committee, Democratic National, Fund, New York Times, Times, PayPal, Washington Post, MSNBC, The Times, Capitol, House, CNN, Senate Locations: Cory Booker of New Jersey
☆ Disney heiress, wealthy Democratic donors say they won't finance the party until Joe Biden drops out
  + stars: | 2024-07-04 | by ( Brian Schwartz | ) www.cnbc.com   time to read: +4 min
President Joe Biden is facing an uprising from some his own party's wealthy donors, including an heiress to the Disney family fortune, who say they will no longer fund the Democratic Party until Biden drops out of the presidential race following his disastrous debate performance. The president has said he has no plans to withdraw from the race, despite calls for him to do so. "I intend to stop any contributions to the party unless and until they replace Biden at the top of the ticket. Disney pointed to Vice President Kamala Harris as a solid alternative to Biden, arguing she'd be able to defeat Trump. Jurvetson is among the top 50 donors this cycle across the country, donating over $5 million to Democrats, according to OpenSecrets.
Persons: Joe Biden, Donald Trump's, Disney, Biden, Abigail Disney, Roy O, Donald Trump, Lloyd Doggett, Jane Fonda, Kamala Harris, she'd, quibbling, Gideon Stein, he's, Stein, I've, Karla Jurvetson, Jurvetson Organizations: U.S, Supreme, Republican, White, Democratic Party, Walt Disney Company, CNBC, Trump, New York Times, Sienna, Representatives, Disney, Biden, Democratic, FEC Locations: Washington , U.S, Texas
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