2024 Election: Biden, Trump, and Donors' Delight

Major Democratic donors are excited about the possibility of a 2024 presidential rematch between President Joe Biden and former President Donald Trump, with many believing that Trump's emergence as the Republican frontrunner would benefit Biden politically, policy-wise, and from a fundraising perspective. Biden's ability to excite the donor class still needs to translate to convincing young voters, who polls show are less enthusiastic about him. Despite concerns about his initial fundraising intake, Biden is expected to have no trouble raising money, with donors planning to support him again.