Biden's Campaign Funds Face Legal Hurdles Amid Potential Dropout
Campaign finance rules complicate the transfer of Biden's $91 million war chest to another candidate.
- Biden's campaign holds $91 million, less than Trump's $116 million reported to the FEC.
- Legal experts debate how easily Biden's funds could be transferred to another Democrat, especially if Kamala Harris is not on the ticket.
- If Biden drops out before formal nomination, Harris' claim to the funds may be contested.
- Biden could transfer unlimited funds to the Democratic Party, which faces spending restrictions on coordinated campaign efforts.
- Discounted TV ad rates for campaigns do not apply to party committees, increasing costs for ad placements.