Major Dem donors reject Harris-led fundraising, WSJ reports

Democratic donors have shown support for the former vice president with a major fundraising event Kamala Harris, A report on Wednesday is sending an “indecent-expression denial.”

The The Wall Street Journal The Democratic National Committee (DNC) is struggling to raise money during President Donald Trump’s second term.

The DNC tried to reach out to major donors through a San Francisco-based fundraiser earlier this year, but most declined, according to several people “familiar with the conversations.”

“Upon receiving the invitation, one responded with a profane refusal,” the report read. “Others said they did not want to give to the party until the party came up with concrete plans to win the elections. Those who refused told the national party that they had commitments and could not work.”

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The Democratic National Committee has far less cash than the Republican National Committee, the WSJ reported. (via David Paul Morris/Bloomberg Getty Images)

The Wall Street Journal reported that the DNC eventually found a donor to host the event but “raised less than organizers had hoped for.”

It added that this reaction, along with a significant reduction in funding, may be a response to frustration over Harris’ failed presidential campaign and lack of a new game plan for the midterm elections.

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“A top official at a national Democratic group said some donors are angry about how their money was spent in last year’s presidential election by outside groups, including overpaying Washington, D.C., consultants. The official said the party has failed to complete a public post-election inquiry into what went wrong in 2024,” the report said.

A fundraiser by former Vice President Kamala Harris did not raise as much money as the Democratic Party had hoped. (Susan Walsh, File/AP Photo)

Rachel Pritzker, president of the Third Way think tank, also told the Wall Street Journal, “It’s shocking how little reevaluation the party and its leadership have done.”

However, while some were more optimistic about the party’s chances, some donors were more focused on state-level elections, such as Abigail Spanberger’s bid for governor of Virginia.

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According to The Wall Street Journal, the DNC has about $12 million in cash reserves, compared to $86 million Republican National Committee. Although some told the Wall Street Journal it was a reflection of a party out of power raising less money. Others believed it was a sign of a growing rift between progressive and establishment candidates.

Other donors have switched to supporting state-level candidates like Abigail Spanberger. (AP Photo/Mark Schiefelbein)

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Fox News Digital The DNC has been contacted for comment.