Overview
- NBC News reporting cited in multiple outlets says more than half a dozen past Biden megadonors and bundlers refuse to give or will offer only token sums.
- Reasons range from frustration over limited access during his presidency to lingering anger about his 2024 bid and health concerns revealed during that period.
- Some donors are reserving money for future party needs, and DNC fundraising chair Chris Korge says many fear becoming targets of the Trump administration.
- The Biden team is aiming to raise roughly $200 million to $300 million, far below the about $500 million for George W. Bush’s library and $850 million for Barack Obama’s.
- Library board chairman Rufus Gifford remains optimistic, even as prominent backers like John Morgan demand an $800,000 refund and Susie Buell says she is not inclined to give to libraries.