Live updates on the 2024 presidential race after President Biden dropped out and endorsed Kamala Harris.
Mike Bloomberg, the former New York mayor and a top Democratic Party donor, urged Democrats on Monday not to rush the process to replace President Biden as their Democratic nominee. In doing so, Bloomberg declined to immediately back Vice President Harris, whom Biden endorsed to succeed him after he dropped his reelection bid Sunday. “We don’t need to get a resolution right away, but we do need to get it right,” Bloomberg said in a statement posted to X.
The party had planned to formally renominate Biden in a virtual roll call before the in-person gathering, but it is unclear if that remains on track after Sunday. Bloomberg ran against Biden for the Democratic nomination in 2020, but he dropped out, backed Biden and later poured millions of dollars into the general election. Bloomberg gave nearly $20 million to one pro-Biden super PAC, Priorities USA Action, in the final weeks of the election, according to Federal Election Commission records.
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