Published • loading... • Updated
Democratic Donors Reluctant to Fund Biden’s Presidential Library: NBC News
Fundraising for Biden's Delaware presidential library struggles due to donor concerns over his age, health, and political factors, with estimates aiming for $200-$300 million, less than Obama's $850 million project.
- Former President Joe Biden’s presidential library will be established in Delaware, though fundraising efforts to secure the estimated $200 to $300 million are encountering hesitation among potential donors.
- This fundraising difficulty stems from Biden's 2024 re-election bid withdrawal amid health concerns, party frustration, and donors wary of attracting the Trump administration's attention.
- Several major Democratic donors voiced no ill will toward Biden but cited distasteful interactions with his inner circle and a small committed donor base as obstacles to large contributions.
- John Morgan, a longtime Biden supporter, said, "no significant building will be built," while Chris Korge urged focusing on library funds instead of a second term amid a tough environment for raising large Democratic donations.
- The library effort contrasts with the $850 million Obama library and could signal challenges in preserving Biden’s legacy given limited donor enthusiasm and ongoing party divisions.
Insights by Ground AI
20 Articles
20 Articles
Biden trusts the loyalty of his donors to once again give him contributions and thus build a majestic library, but several of them refuse
Democrat Donors Refuse to Fund Biden’s Presidential Library: ‘I Want an $800,000 Refund’
Former President Joe Biden’s attempt to raise hundreds of millions for a presidential library is already floundering. The post Democrat Donors Refuse to Fund Biden’s Presidential Library: ‘I Want an $800,000 Refund’ appeared first on Slay News.
·North Carolina, United States
Read Full ArticleCoverage Details
Total News Sources20
Leaning Left2Leaning Right11Center2Last UpdatedBias Distribution73% Right
Bias Distribution
- 73% of the sources lean Right
73% Right
13%
13%
R 73%
Factuality
To view factuality data please Upgrade to Premium