High-profile Democratic contributors, including billionaires Barry Diller and Michael Bloomberg, are pulling back their financial support for the Democratic National Committee, citing what insiders describe as a growing consensus that the organization is failing to function effectively, the NY Post reports.
The DNC has struggled with internal conflict and a lack of unified leadership in the aftermath of President Trump’s defeat of Vice President Kamala Harris in the 2024 election. Disillusionment among longtime backers has led several top-tier donors to hit pause on their contributions.
“For a variety of reasons, I have no intention of donating to the DNC,” Diller told The New York Post.
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