Advisers and close allies to Joe Biden reportedly do not expect him to formally announce he is running for reelection any time soon — potentially waiting until the fall.
First Lady Dr. Jill Biden listens to President Joe Biden speaks at a Lunar New Years celebration at the White House on January 26th, 2023, in Washington, DC.
Ultimately the report noted that neither Biden nor his inner circle see any disadvantages in waiting to announce he is running for another term, but outlined some of the “potential upside[s]”:his leadership from the Oval Office with the chaos in the Republican Party, and the drama surrounding former President Trump’s indictment.Biden has a trip to Ireland coming in mid-April, and must deal with the debt-ceiling and budget standoff with House Republicans early this summer.
Since campaigns must report fundraising numbers every quarter, campaigns can have a fundraising advantage if they announce at the beginning of the quarter. This way, a candidate has three months to show their fundraising strength.
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