Recent reports suggest that Democratic megadonors are speculating about President Biden potentially exiting the 2024 presidential race. According to sources, donors have indicated that they believe Biden may be nearing a decision to step down.
One donor with close ties to Senate Majority Leader Chuck Schumer expressed a belief that Biden's departure from the race could be imminent, stating, 'I think it’s going to end very shortly.' Additionally, a senior Washington, D.C., Democrat reportedly mentioned that the pressure on Biden to withdraw is overwhelming, even going as far as predicting that he could announce his exit as early as Monday.
Concerns about fundraising were also raised, with reports suggesting that Biden has been made aware that further financial support may not be forthcoming. The sentiment among some members of Congress appears to be shifting, with an increasing number publicly calling for Biden to drop out of the race. By Friday at noon, 28 Congressional Democrats had made public statements urging Biden to reconsider his candidacy.
These developments indicate a growing sense of uncertainty surrounding President Biden's future in the 2024 presidential race. While no official announcement has been made regarding his intentions, the mounting pressure from donors and lawmakers suggests that Biden may be facing significant challenges in continuing his campaign.