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TimeSquare Weekly > Blog > Business > Biden Stands Up to large donors
Business

Biden Stands Up to large donors

Time Square Weekly Editorial Team
Last updated: 2024/07/09 at 5:33 PM
Time Square Weekly Editorial Team
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Biden Stands Up to large donors
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Making Them Wait

President Biden continues to defend his position amidst increasing pressure to step aside. Despite facing opposition from Democratic lawmakers, the media, and major fundraisers, Biden’s efforts to appease his donors hit a roadblock when a hastily arranged call started more than 30 minutes late. For the Biden campaign, focusing on small-dollar fundraising and condemning corporate greed may mitigate concerns, but some financial backers feel ignored as Biden deflects attention from the real issues jeopardizing his campaign.

Biden’s day began with a firm response to his elite critics after a weekend of campaigning in Pennsylvania and Wisconsin, with a pledge to remain in the race despite mounting pressure.

The president then called into MSNBC’s “Morning Joe,” where he vented his frustrations towards wealthy donors pushing for his withdrawal. Biden expressed disregard for the opinions of millionaires, emphasizing his focus on engaging with voters.

Despite being asked to join a call with the president just 24 minutes prior, major donors found themselves waiting as the call started late, prompting feelings of disrespect among participants. Once the call commenced, Biden’s responses garnered mixed reactions, with some feeling reassured by his energy and commitment.

Biden aimed to redirect the conversation towards Trump, emphasizing the need to focus on defeating the current president.

One donor conveyed the message that supporting Biden was a choice, with the consequences of a Trump victory resting on the individual’s decision.

With preparations underway for a solo news conference at the end of the NATO summit, donors and supporters await Biden’s next appearance.

HERE’S WHAT’S HAPPENING

The World Economic Forum and its chair are facing a discrimination lawsuit, highlighting allegations of a hostile work environment towards women and Black employees within the organization.

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Time Square Weekly Editorial Team July 9, 2024 July 9, 2024
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