Following Pres. Joe Biden’s withdrawal from the 2024 presidential race and his endorsement of Vice Pres. Kamala Harris for the Democratic nomination, the Biden campaign is looking to transfer $95M of funds to the new “Harris for President” campaign.
However, Republican-affiliated lawyers and operatives are expected to challenge such a transfer in court or before the Federal Election Commission (FEC), arguing that it’s illegal to transfer money raised under the Biden name to Harris.