Biden is out of the 2024 race. What happens to his campaign donations?
Signage at the Democratic National Convention on May 22, 2024, at the United Center. | Brian Cassella/Chicago Tribune/Tribune News Service via Getty Images
President Joe Biden announced Sunday that he is dropping out of the 2024 presidential race and endorsed Vice President Kamala Harris as his choice for the Democratic nominee. A practical question follows: What happens to his campaign funds?
The Biden campaign said it had $240 million in cash on hand earlier this month, compared to former President Donald Trump’s $331 million.
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