+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeNewslettersNextShare

These Democratic megadonors are pressuring Biden to drop out

  • A growing list of wealthy Democrats are using their checkbooks to pressure Biden to drop out.
  • Others, such as Netflix cofounder Reed Hastings, simply no longer support Biden.

Some of the Democratic Party's biggest donors are pressuring President Joe Biden to step aside.

Some on this growing list of Hollywood titans, powerful heirs, and staunch Democratic Party supporters are pledging to cut off their support until Biden drops out.

Others are so angry about the president's standing after his disastrous debate performance that they have vowed to cut off all Democrats.

So far, only two congressional Democrats have called on Biden to drop out. The combined weight of the party's monied class could prove too much to bear.

Already, former President Donald Trump has erased Biden's cash advantage after a flood of donations spurred by Trump's felony conviction. Biden and his allies simply can't afford to lose much other ground.

Here's the list of donors who are calling for Biden to step aside

Advertisement