‘Everything is frozen’: Donors hold back dollars amid fallout over Biden’s candidacy

Yumi

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Democratic donors are deeply concerned about President Joe Biden’s viability as a candidate as the party continues to wrestle with the path forward — and holding back big checks, according to multiple sources familiar with the effort.

“Everything is frozen because no one knows what’s going to happen. Everyone is in wait and see mode,” one Democratic strategist told CNN, noting that donors are hyper-focused on what Biden is doing, including interviews and his news conference Thursday.

Donors often operate behind the scenes and, according to sources, have grown increasingly anxious about Biden’s candidacy following his halting debate performance last month. And on Wednesday, George Clooney, who had been among Biden’s biggest supporters and donors in Hollywood, took the remarkable step of publicly calling for him to bow out of the presidential race.
 
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