Biden endorsed his vice president Kamala Harris to take his place as the Democratic Party nominee and his funds are reportedly being transferred to her nascent campaign.
This weekend, US President Joe Biden formally bowed out of the 2024 US presidential race. The development came after months of assertions Biden would continue on as the Democratic Party nominee. Biden endorsed his vice president, former Senator Kamala Harris, to take his place and his campaign funds are reportedly being transferred to her nascent campaign.Harris accepted, and announced she will seek the Democratic Party’s nomination.Biden moved to transfer his campaign’s financial war chest to Harris, which former President Trump’s campaign has challenged by filing a complaint with the Federal Election Commission. The campaign’s general counsel David Warrington argued that transferring the funds is little more than a “thinly veiled $91.5 million excessive contribution from one presidential candidate to another.
