Novogratz Boosts Biden Critics as Donors Boycott President (1)

Galaxy Digital LP founder Mike Novogratz and filmmaker Andrew Jarecki are two donors behind a $2 million contribution to Democrats who have called for President Joe Biden to step down as the party’s nominee, the latest sign donors are shifting money away from the presidential ticket.

The donation is from a group of several dozen donors, also including Sessa Capital’s John Petry and hedge-fund manager Neil Chriss and his wife Natasha, to a super political action committee for House Democrats. The funds are earmarked to help vulnerable members who were among the first to say Biden should bow out ...