A wide swath of party financiers is convinced that Biden will make a late entry into the race, and a sizable number are contemplating backing him, including some who have signed on with Clinton, according to more than a dozen top Democratic fundraisers nationwide.
Their potential support — driven in part by a desire to recapture the passion they felt in Obama’s campaigns — could play a key role in helping the vice president decide whether to make a third White House bid. The chatter among a cadre of well-connected party fundraisers suggests that he could benefit from an early jolt of money should he run.
Clinton maintains a broad and loyal donor base, and her financial dominance would present a huge challenge for Biden if he entered the campaign this fall. The former secretary of state amassed a record $47 million during her first quarter as a candidate and is flanked by an array of super PACs and other independent allies socking away millions for her.
Biden would face a tight scramble to raise money this far along on the calendar. Because donors can give a campaign only up to $2,700, he probably would have to lean heavily on a super PAC, which could accept unlimited sums, a move that would be distasteful to many liberal voters.
The possibility that Vice President Biden may jump into the #2016 presidential campaign is convulsing the network of wealthy Democrats that financed #President Obama’s two White House bids, galvanizing fundraisers who are underwhelmed by Hillary Rodham Clinton’s performance.