Wealthy supporters of President Biden's campaign have slammed their wallets closed, with support from major donors in July on track to plummet to roughly half of the previous month's amount if he remains in the race.
After his poor debate performance late last month, that number is likely to be less than $25 million in July, an excruciatingly small total for a summer month in a presidential race.
If Mr. Biden leaves the race and someone else becomes the nominee, it remains to be seen how easily money already raised could be transferred to the new candidate, though it would be simpler if that person were Vice President Kamala Harris.
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