President Joe Biden’s heavily criticized debate performance has allegedly led Democratic donors to withdraw their support from his reelection campaign.
Pressure is mounting on Biden to step down, as many Democrats and media members displayed hysteria following a disastrous Thursday debate.
Biden, who held a rally in Raleigh on Friday, marking his first campaign stop since the debate, was also scheduled to appear at a fundraiser in New York Friday evening.
Democratic donors canceled their attendance at Biden’s Friday event, as reported by New York Times journalist Kenneth P. Vogel in a now-deleted post on X.
“I am hearing that some Democratic donors are backing out of Biden’s fundraiser tonight at the Hammerstein Ballroom in Manhattan with Elton John,” Vogel said.
The report appears to confirm additional reporting from the establishment media. “Joe Biden urged to drop out of election by Democrat officials and donors after debate,” the Telegraph reported.
According to Politico, a prominent Democratic donor and supporter of Biden suggested that Biden should withdraw from the race, citing his performance as “the worst in history.”
Another adviser told Politico that he/she had “taken no less than half a dozen key donors texting ‘disaster,’ and [the] party needs to do something.”
“Disaster,” a Biden donor who plans to attend a fundraiser with Biden on Saturday in the Hamptons told CNBC. “This is terrible. Worse than I thought was possible. Everyone I’m speaking with thinks Biden should drop out.”
An adviser to Democratic donors told Politico that they are concerned about Biden, saying, “Our only hope is that he bows out, we have a brokered convention, or [he] dies. Otherwise, we’re in serious trouble.”
According to a Biden adviser speaking to CNN on Friday, Biden is expected to remain in the 2024 presidential race and plans to participate in the second debate scheduled for September.
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