Bloomberg: “Many of President Joe Biden’s biggest contributors are heartened by Trump’s emergence as the Republican frontrunner and are hoping for a 2020 rematch. Pitting the current president against his predecessor would create a race that they say advantages Biden politically, policy-wise and from a fundraising perspective.”
“Having Trump on the ticket will motivate the networks of wealthy contributors who can write big checks, according to several Biden donors, who spoke on condition of anonymity. Trump as the GOP nominee would also allow Biden to tap some financial support from conservatives who would otherwise be open to giving to a business-friendly Republican, one donor said.”
“Going up against his predecessor is also a motivating factor for Biden, who views stopping Trump as his patriotic duty. Trump’s emergence as the Republican frontrunner raises the stakes of the election — making it fundamentally about safeguarding US democracy — and rendering donations to Biden a no-brainer, according to another large contributor who said he had concerns about the president’s age and had previously hoped for a younger alternative.”
