Biden’s campaign staffers are privately worried that his reelection announcement has not raised enough money to show strength in the face of poor polling for his 2024 candidacy, according to a report Friday.
Recent polling shows less than a quarter of Democrats feel excited about Biden’s 2024 campaign for reelection, and only 39 percent of Americans approve of Biden — down three points since March.
“[T]hose close to Biden are worried they won’t have a big number to announce after the president formally launched his bid Tuesday morning,” Bloomberg reported, noting “fundraising totals are a proxy for enthusiasm.”
The campaign had reportedly planned to release its fundraising total 48 hours after Tuesday’s reelection announcement but apparently put the disclosure on ice until the numbers appear larger. Political campaigns are required to announce fundraising totals as late as July.
The sluggish fundraising is allegedly due to a lack of coordination between the campaign and large Democrat donors. But according to Bloomberg, some donors were not asked for money on the first day.