President Biden’s upcoming fund-raising events face uncertainty following his recent debate performance against Donald J. Trump. A potential event in Wisconsin has fallen through, and a Texas event at the Lyndon B. Johnson presidential library is now in limbo, complicating the campaign’s efforts to secure crucial financial support.
In the aftermath of the debate, major donors have called for Mr. Biden to withdraw from the race, prompting a reevaluation of fund-raising plans. Despite initial hopes to raise $1 million from a Wisconsin event, the campaign had to lower its goal to $500,000 as donors began to withdraw their support.
Another fund-raiser in Texas hosted by Luci Baines Johnson is also facing uncertainty, with the brewing donor revolt casting a shadow over the event’s viability. Campaign officials are grappling with the prospect of major donors cutting off support if Mr. Biden remains in the race.
Despite these challenges, campaign finance officials remain resolute, emphasizing Mr. Biden’s strong message and agenda for the November election. Recent grassroots fund-raising efforts have shown promise, indicating a potential turnaround following the debate.
While Mr. Biden’s schedule may see adjustments, surrogates like Pete Buttigieg and Doug Emhoff are stepping up to fill the gap with scheduled fund-raising events. Donor dissatisfaction has prompted high-profile figures like tech investor Ron Conway to advocate for a change at the top of the ticket.
Despite the challenges, Mr. Biden has received unwavering support from donors like Amy Goldman Fowler, highlighting the resilience of his base even in the face of uncertainty. While the road ahead may be rocky, the campaign remains focused on its goal of securing victory in November.
Jacob Bernstein contributed reporting.
