Democrat donor Jeffrey Katzenberg rebuts report that he warned Biden donor cash is drying up

Longtime Democratic fundraiser Jeffrey Katzenberg is warning Biden about his chance of winning reelection.

Semafor reported that Katzenberg had a conversation with Biden in Las Vegas on Wednesday about how donors are drying up after the first presidential debate.

In response, Katzenberg said in a statement the report was a “misread of a private meeting” and that he and Biden “talked about everything from the convention to new ads."

"And by the way, we will raise the money we need to run a winning campaign," he added.