According to ChainCatcher, the Global Times quoted the NBC website as saying that sources said that US President Biden's campaign has faced a decrease in donations and the situation is extremely dangerous.

Several sources said: "The situation is catastrophic. The funding source has been cut off. Biden's campaign fundraising from big donors may be reduced by half or more this month."

Another source said: "Donors were negative. They had a call with the president. It seemed very unnatural to people and I don't think they believed him."

Reports suggest Biden could be nominated as early as July 21, rather than waiting until the Democratic convention in August, ending the debate over whether he should run. The second debate between Biden and Trump is scheduled for September 10. The US presidential election will be held on November 5.