Major Democratic Donors Withhold $90M from Biden Campaign

Democratic donors have threatened to withhold $90 million in pledged donations to the pro-Biden super PAC, Future Forward, if U.S. President Joe Biden continues his candidacy, reports the New York Times, citing anonymous sources. The potential financial hold poses a challenge for Biden's campaign.

Democratic donors are putting substantial financial pressure on President Joe Biden's campaign. According to the New York Times, Future Forward, the largest pro-Biden super PAC, has been told that approximately $90 million in pledged donations will be withheld if Biden remains a candidate.

These anonymous sources highlight growing concern among some of the party's major financial backers about Biden's viability in the upcoming election. The potential financial hold could significantly impact the resources available for his campaign.

The news underscores the challenges President Biden faces within his own party as the race for the White House heats up.

(With inputs from agencies.)