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Wealthy Democratic donors who believe a different nominee would be the party’s best chance to hold the White House are increasingly gritting their teeth in silence about President Biden, fearful that any move against him could backfire.
Senator JD Vance of Ohio is moving aggressively to raise money for the Republican presidential ticket, making fund-raising one of his earliest priorities as he seeks to convert his donor relationships into cash as the running mate for former President Donald J. Trump.
For decades, Kamala Harris has been bolstered by a tight-knit group of female donors who rose up with her in Democratic politics. And for weeks, even when she was still insisting that President Biden would be the party’s nominee, these allies began to make moves to make sure her historic campaign would not be built on the fly.
Democratic donors are immediately mobilizing around Kamala Harris as their party’s next presidential nominee, offering Democratic elites something they have not felt in weeks.
A pair of seismic events in May and June unleashed gushers of money into the presidential fund-raising race — and that was before an assassination attempt on former President Donald J. Trump.
Vice President Kamala Harris is set to address a network of major Democratic donors on short notice Friday afternoon, according to two people invited to the call.
A little over two months ago, Elon Musk found himself at Montsorrel, the palatial Palm Beach compound of Nelson Peltz, the famed activist investor. Mr. Musk knew the sprawling grounds well, having stayed in the guesthouse.
For ultrarich Democrats, this is the golden age of political scheming.
Some of Elon Musk’s closest friends have helped start a new super PAC meant to help former President Donald J. Trump, creating an avenue for Mr. Musk and his $250 billion fortune to potentially play a significant role in the 2024 presidential race.