Skeptical Democratic donors tell Joe Biden they will not raise funds for him at start of 2020 campaign [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Skeptical Democratic donors tell Joe Biden they will not raise funds for him at the start of the 2020 campaign Several top Democratic donors have told former Vice President Joe Biden that they won't help him raise funds in the early stages of the party's 2020 presidential primary, CNBC has learned. Their reason: skepticism that Biden actually can win the Democratic primary. Biden, who has yet to announce whether he will run, has reached out to leading financiers over the past week to see whether they will help him raise money for a presidential run. His pitch: He will need their assistance to compete against candidates, such as Beto O'Rourke and Bernie Sanders, who have raised millions of dollars over the first 24 hours of their campaigns, according to people familiar with the deliberations. However, during those calls, some high-profile donors told Biden that they will not commit to bundling for him, at least in the early stages of the primary, said the people, who declined to be nam
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