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Major Dem Donors Freeze $90 Million Until Biden Drops Out: REPORT

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3 minute read

From the Daily Caller News Foundation

By ROBERT SCHMAD

 

Major Democratic donors have paused contributions totaling roughly $90 million to the largest pro-Biden super PAC, opting to hold their money unless the president drops out of the race, the New York Times reported on Friday.

Donors have frozen multiple eight-figure donations they had promised to Future Forward PAC — the committee designated by the Biden campaign as its leading super PAC — amid worries that the president is in a uniquely weak position ahead of November’s election, two individuals familiar with the situation told the NYT.

Democratic donors are also planning on diverting money away from the presidential election and toward down-ballot elections to hedge against what they view as increasingly likely defeat in the race for the White House.

“I think that the dam has broken and that more and more people will come out publicly,” long-time Democratic donor Whitney Tilson said in early July. “There is basically no — almost no support remaining for him as a candidate.”

In the weeks following the June 27 presidential debate where President Joe Biden appeared disoriented and struggled to articulate, 19 Democratic members of Congress and numerous liberal pundits have called on the president to drop out of the race, according to the NYT. Even Biden’s reelection operation seems to be testing the waters, with the president’s campaign reportedly testing Vice President Kamala Harris’ viability against Trump, according to the New York Post.

“He needs to drop out,” one Biden campaign official told NBC News. “He will never recover from this.”

The blow to Biden’s campaign finance operation follows former President Donald Trump’s campaign erasing the president’s fundraising lead in May. Trump and the Republican National Committee had $171 million in cash on hand as of the most recent campaign finance reports, compared to the just $157 million held by the Biden campaign and the Democratic National Convention, The Hill reported.

The primary super PAC supporting Trump, MAGA Inc., had $93.7 million in cash reserves as of May while Future Forward PAC had a slightly smaller war chest of $92.3 million, according to Federal Election Commission records. Much of the funds taken in by MAGA Inc., however, are being diverted to cover Trump’s legal expenses, according to CNN.

One Future Forward advisor told the NYT they believe the donations will return once the current uncertainty regarding the Democratic presidential ticket is resolved. The PAC has announced $250 million in advertisement reservations following the Democratic National Convention in August.

Despite mounting pressure, the president has repeatedly asserted that he will not drop out.

“I am firmly committed to staying in this race, to running this race to the end, and to beating Donald Trump,” Biden wrote in a letter to congressional Democrats on Monday.

Future Forward PAC could not be reached for comment.

(Featured image credit: Screen Capture/CSPAN)

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Trump Taps Dan Bongino For FBI Deputy Director

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From the Daily Caller News Foundation

By Hailey Gomez

President Donald Trump announced Sunday evening that he has named former Secret Service agent and podcast host Dan Bongino as the new deputy director of the FBI, according to a social media post.

Bongino, who has been an outspoken advocate for Trump and raised serious concerns following the first near-assassination of the president on July 13, was reportedly being considered for the position of U.S. Secret Service director in November 2024, according to CNN. However, late Sunday, Trump took to social media, congratulating Bongino for his “love and passion” for the U.S., noting that he will be working with newly appointed FBI Director Kash Patel and Attorney General Pam Bondi.

“Dan Bongino, a man of incredible love and passion for our Country, has just been named the next DEPUTY DIRECTOR OF THE FBI, by the man who will be the best ever Director, Kash Patel. Dan has a Masters Degree in Psychology from C.U.N.Y., and an MBA from Penn State,” Trump wrote.

“Working with our great new United States Attorney General, Pam Bondi, and Director Patel, Fairness, Justice, Law and Order will be brought back to America, and quickly,” Trump added.

Bongino had previously served with the New York Police Department in 1995 to 1999 before becoming a Secret Service special agent in 1999 until 2011. Bongino later transitioned to hosting a podcast, “The Dan Bongino Show,” in 2017.

The announcement of Bongino’s new role comes shortly after Patel was confirmed as the FBI’s new director on Thursday, with the Senate finalizing the nomination with a 51-49 vote. Following the announcement, Bongino posted on his X platform, thanking Trump, Bondi and Patel.

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Business

DOGE asks all federal employees: “What did you do last week?”

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MXM logo  MxM News

Quick Hit:

Elon Musk said Saturday that all federal employees must submit a productivity report if they wish to keep their jobs. Employees received an email requesting details on what they accomplished in the past week, with failure to respond being treated as a resignation.

Key Details:

  • Musk stated that federal employees must submit their reports by 11:59 p.m. on Monday or be considered as having resigned.

  • Musk emphasized that the process should take under five minutes, stating that “an email with some bullet points that make any sense at all is acceptable.”

  • FBI Director Kash Patel instructed agency employees not to comply with the request for now, stating that the bureau will handle reviews internally according to FBI procedures.

Diving Deeper:

Federal employees have been given a strict deadline to justify their jobs, as DOGE pushes for greater accountability within the government. The email came late Saturday, explaining that all federal workers would be required to submit a brief productivity report detailing their accomplishments from the previous week. Those who do not respond will be deemed to have resigned.

Musk framed the requirement as a minimal effort, writing on X that “the bar is very low.” He assured employees that simply providing bullet points that “make any sense at all” would suffice and that the report should take less than five minutes to complete.

The policy aligns with President Trump’s push for increased efficiency in government. The Office of Personnel Management confirmed the initiative, stating that agencies would determine any further steps following the reports. Meanwhile, FBI Director Kash Patel pushed back, advising bureau employees not to comply for the time being, stating that the FBI would handle its own review process.

The policy has drawn sharp criticism from the American Federation of Government Employees, which blasted Musk’s involvement, accusing him of disrespecting public servants. The union vowed to fight any terminations resulting from the initiative.

Musk also took aim at the White House’s Rapid Response account after it listed recent Trump administration actions, including expanding IVF access and cutting benefits for illegal immigrants. In response, Musk quipped that simply sending an email with coherent words was enough to meet the requirement, reiterating that expectations for the reports were low.

The directive comes as Musk’s Department of Government Efficiency seeks to eliminate waste across federal agencies, signaling a broader crackdown on bureaucratic inefficiencies under the Trump administration.

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