• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Biden fundraiser warns of ‘catastrophic mistake,’ says big-money donations have ‘suddenly disappeared’

by July 21, 2024
written by July 21, 2024

Top Democratic fundraiser Lindy Li says it is getting more and more difficult to bring in donations for President Biden’s re-election campaign as calls for him to withdraw continue to mount.

Li made the statement during an appearance on Fox News Sunday with host Shannon Bream. Bream pressed Li on whether Biden should stay in the race and whether Vice President Kamala Harris is the right candidate to replace him.

‘Fundraising has — big money fundraising has slowed. People — major donors who have pledged massive amounts of checks, and I’m talking six, seven — seven-figure checks have suddenly disappeared, fallen off the face of the Earth, rescinded their pledges,’ Li said.

‘It’s just hard because a lot of these people are successful business people and they see the election as a business proposition. And they would only bet on a campaign if it’s a winning prospect. But it’s just — I wish I had better news, but I’m also not here to give you talking points. This is just the truth,’ she added.

Bream then asked about Harris and whether she is the best candidate to take Biden’s place if he withdraws.

‘Skipping over Kamala Harris would be political malpractice. Full stop, end of story. The base — our base, Black Americans in particular, is why we defeated Trump at all,’ Li responded.

‘It’s not my place to tell President Biden what to do but if he were to step aside, Vice President Kamala Harris would be an excellent candidate. She’s a consummate prosecutor and she’s out there every single day effectively prosecuting the case, litigating the case against convicted felon Trump,’ she said.

‘It would be a catastrophic mistake to skip over her,’ she said.

While Biden and his staff have publicly insisted that he is staying in the race, the 81-year-old is reportedly now asking whether Harris could win, according to the New York Times. Several polls show Harris matching or even exceeding Biden’s performance against Trump as waves of Democrats call on Biden to withdraw.

Harris stands as the most obvious candidate to replace Biden thanks in large part to her presumed access to the Biden-Harris war chest should the president withdraw. Any other candidate would face an uncertain path to accessing the tens of millions of dollars donated throughout the race.

The White House pushed back on the Times report in a statement to Fox News Digital, saying Biden is locked in on campaigning.

‘That claim is false and The New York Times did not ask us about it. As Jen O’Malley Dillon said, he ‘is more committed than ever.’ And as you heard from the President, he looks forward to campaigning this week,’ said White House spokesman Andrew Bates.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Political cartoons of the day
next post
Biden ends bid for second term in White House as he drops out of his 2024 rematch with Trump

related articles

DHS scorches Pritzker’s ‘sanctuary’ state after child rapist...

May 1, 2026

Socialist mayor’s blunt 1-word message to fleeing millionaires...

May 1, 2026

DC police captain cites bodycam footage of officers...

May 1, 2026

Amazon explores ‘The Apprentice’ reboot with Trump Jr...

May 1, 2026

MN governor race to replace Walz sees major...

May 1, 2026

Trump’s apocalyptic Iran warning raises stakes for sweeping...

April 7, 2026

Graham eyes ‘down payment’ on Trump-backed SAVE Act...

April 7, 2026

Democrat whose parents fled Iran moves to oust...

April 7, 2026

Midterm alarm bells: Democrats face steep favorability deficit...

April 7, 2026

American journalist kidnapped in Iraq is set free,...

April 7, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • On Maduro’s ‘terror island,’ Hezbollah operatives move in as tourists drift out

    December 20, 2025
  • Trump follows through: US hits Iran’s nuclear sites ahead of national address

    June 22, 2025
  • Trade war could push S&P 500 down further to this level

    April 9, 2025
  • Lawmakers crack down on CCP influence in US government tech, warn of potentially ‘devastating’ cyber attack

    September 13, 2024
  • Reddit is attracting ad dollars: will RDDT shares rally further in 2025?

    May 3, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,507)
  • Investing (2,376)
  • Stock (1,028)

Latest Posts

  • Biden asks Congress for $98 billion in Helene, Milton disaster relief funding

    November 18, 2024
  • What to expect from Oracle’s Q2 results?

    December 10, 2025
  • United Rentals stock soars 23% as earnings beat lifts outlook

    April 23, 2026

Recent Posts

  • SEN ELIZABETH WARREN: Social Security is under attack. Gutting it is a broken promise

    April 15, 2025
  • Brazil’s Méliuz joins Bitcoin trend, buys 45.72 BTC

    March 6, 2025
  • Newsom warns ‘pathetic’ foreign leaders to grow a backbone in bizarre takedown likening Trump to a T.rex

    January 21, 2026

Editor’s Pick

  • House GOP majority shrinks to just one vote as Johnson swears in new House Democrat

    February 3, 2026
  • White House responds to reports of Trump preparing to hit military targets inside Venezuela

    October 31, 2025
  • Thune slams Schumer’s ‘kingmaker’ politics, refuses to ‘kiss the ring’ in shutdown talks

    October 17, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock