KEY POINTS
  • The Journal said the former vice president hopes to make a splash when announcing the 2020 run by touting "a large fundraising number."
  • According to the report, Joe Biden is concerned he may not have the same immediate success in raising money online as some other Democrats, such as Sen. Bernie Sanders of Vermont and former Congressman Beto O'Rourke of Texas.
  • Biden, 76, has been contemplating a White House run for some time and continues to lead in polls among Democrats as a favorite to take on President Donald Trump.
Joe Biden delivers the keynote speech at the First State Democratic Dinner at the Rollins Center in Dover, DE on March 16, 2019. The former U.S. Vice President refrained from announcing his candidacy, even-though early polls conducted in March indicate former Vice President Biden as the favorite of a large Democratic field of candidates. (Photo by Bastiaan Slabbers/NurPhoto via Getty Images)

Former U.S. Vice President Joe Biden contacted a group of his supporters Tuesday to ask for help in raising several million dollars from major donors, making it known he's planning to enter the 2020 presidential election, the Wall Street Journal reported.

Biden, 76, has been contemplating a White House run for some time and continues to lead in polls among Democrats as a favorite to take on President Donald Trump. He would enter a crowded field of close to 20 presidential candidates that have already declared, or are expected to announce, they will be entering the 2020 race.