“Biden is a good man and has served his country admirably, but the stakes are very high,” she continued. “If Biden does not step down, the Democrats will lose. I am absolutely certain of that. The consequences of losing will be truly dire.”
President Biden vowed Thursday to continue the fight despite calls for him to withdraw from the presidential race stressing during the Independence Day celebration in the White House "It’s not going anywhere."
In response to a supporter who asked him to "keep fighting," the 81-year-old president said, "I’m not going anywhere."
A number of Democratic donors have withdrawn their support for Biden as he continues to receive criticism over his performance in the first presidential debate with Republican former President Donald Trump.
George Conway, a lawyer who previously donated $929,600 to the Biden Victory Fund, the maximum amount allowed, said Biden and Trump should retire.
For his part, Ari Emanuel, a major donor to the Democratic Party, said that more donors will turn against candidate Joe Biden.
"The lifeblood of any campaign in politics is money," he added. "I’m really angry, we should all be really angry."
According to the New York Times, the co-founder of the company said:Netflix“Reed Hastings and his wife, Patty Quillen, who gave more than $1.5 million to Biden during his 2020 presidential race, are against the president,” Hastings said in an email. “Biden needs to step aside to allow a strong Democratic leader to defeat Trump and keep us safe and prosperous.”
Biden Faces Growing Pressure from Democratic Donors to Step Down
The pressure is mounting on President Joe Biden to step down, with a growing number of Democratic donors withdrawing their support amidst concerns about his ability to win the upcoming election against former President Donald Trump.
Key Figures Withdrawing Support
Several high-profile Democratic donors have publicly called for Biden to withdraw from the presidential race, citing his age and recent performance as reasons for their concern. Among those voicing their dissatisfaction are:
- George Conway: A lawyer who previously donated the maximum allowed amount, $929,600, to the Biden Victory Fund, has called for both Biden and Trump to retire.
- Ari Emanuel: A major donor to the Democratic Party, has expressed anger towards Biden and believes that more donors will withdraw their support. He emphasized that campaign funding is vital for success, and expressed concern about the party’s chances with Biden at the helm.
- Reed Hastings: The co-founder of Netflix, along with his wife Patty Quillen, donated over $1.5 million to Biden’s 2020 campaign. However, they are now calling for his resignation, stating that he needs to step aside to allow a stronger Democratic candidate to defeat Trump.
The Stakes Are High
The concerns voiced by these donors highlight the critical importance of winning the next presidential election. They believe that a Democratic defeat would have dire consequences for the nation. Despite the calls for his resignation, Biden has vowed to continue fighting, emphasizing his commitment to leading the country.
Biden’s Response
In response to calls for him to withdraw, Biden reiterated his determination to remain in the race. During the Independence Day celebration at the White House, he said, “It’s not going anywhere,” emphasizing his resilience and willingness to continue the fight. Biden also reiterated his commitment to his supporters, stating, “I’m not going anywhere” when a supporter encouraged him to “keep fighting.”
Impact on the Democratic Party
The withdrawal of support from major Democratic donors poses a significant challenge to the party’s fundraising efforts.
| Donor | Donation Amount | Reason for Withdrawing Support |
|---|---|---|
| George Conway | $929,600 | Biden’s age and performance |
| Ari Emanuel | Not Disclosed | Loss of faith in Biden’s ability to win |
| Reed Hastings | $1.5 Million + | Biden’s age and performance |
The potential loss of these donors could have a significant impact on the Democratic Party’s resources and ability to effectively campaign.
The Future of the Presidential Race
As the campaign heats up, it remains to be seen if Biden can overcome the challenges he faces. The pressure from donors, combined with his age and criticism over his performance in the first debate, presents a formidable obstacle. Only time will tell whether Biden can regain the support needed to secure another term.