Biden v Trump would create a race that advantages the current president politically, policy-wise and from a fundraising perspective. Read more at straitstimes.com.
WASHINGTON – Major Democratic donors are thrilled that an elderly man who has been his party’s standard bearer for years– and they are talking about Republican Donald Trump.
Going up against his predecessor is also a motivating factor for Mr Biden, who views stopping Trump as his patriotic duty. Trump’s emergence as the Republican front runner raises the stakes of the election – The President’s most fervent backers say his record – encompassing an infrastructure package, investments in semiconductor chips and a range of new renewable energy tax benefits – gives him a robust policy agenda on which to run.
Despite the slow start, he will have no trouble raising money, people familiar with the matter said. Those who grumbled about weak outreach to donors during the first two years of his presidency are planning to support him again. Even donors who privately voiced worries about Mr Biden, 80, being the oldest person ever to run for president or raised concerns about Vice-president Kamala Harris’ ability to lead in Mr Biden’s absence still plan to back him.
Earlier frustration about a lack of outreach since 2020 was not apparent during his weekend meetings with donors, according to two attendees. An attendee at one event described the atmosphere as electric, particularly for a hard-to-excite crowd.
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