Sen. Elizabeth Warren at a campaign rally at the University of Iowa last month. Photo: Scott Olson/Getty Images

The finance director for Elizabeth Warren's 2020 presidential campaign resigned after an internal clash over the candidate’s decision last month not to host big-money fundraisers or solicit donations from wealthy donors, the New York Times reports.

The big picture: Though it's unclear when exactly finance director Michael Pratt resigned, news of his departure comes just ahead of Sunday's first-quarter fundraising deadline. The Times reports that Warren is lagging behind her competitors and has struggled to raise campaign dollars, even as she leads the Democratic field in putting forth bold new policy proposals. Warren has reportedly transferred $10 million from her Senate campaign account.

Details: Pratt resigned after a Valentine's Day meeting in Washington that "grew heated," in which he argued that cutting off the “significant cash stream” would put the campaign at risk of collapsing, per the Times.

  • "He pointed out that winning over wealthy fund-raisers across the country helped build networks that could translate into political support, not just checks. But Mr. Pratt lost the argument to two of Ms. Warren’s closest advisers, Dan Geldon and Joe Rospars, who made the case about standing apart from the field and freeing up her schedule," the Times reports.

Go deeper: Elizabeth Warren's slow start

Go deeper

What to expect from the final debate of the 2020 election

Trump and Biden at the first debate. Morry Gash-Pool/Getty Image

Watch for President Trump to address Joe Biden as “the big guy” or “the chairman” at tonight's debate as a way of dramatizing the Hunter Biden emails. Hunter's former business partner Tony Bobulinski is expected to be a Trump debate guest.

The big picture: Trump's advisers universally view the first debate as a catastrophe — evidenced by a sharp plunge in Trump’s public and (more convincingly for them) private polling immediately following the debate.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Chris Christie: Wear a mask "or you may regret it — as I did" — Senate Democrats block vote on McConnell's targeted relief bill.
  2. Business: New state unemployment filings fall.
  3. Economy: Why the stimulus delay isn't a crisis (yet).
  4. Health: FDA approves Gilead's remdesivir as a coronavirus treatment How the pandemic might endMany U.S. deaths were avoidable.
  5. Education: Boston and Chicago send students back home for online learning.
  6. World: Spain and France exceed 1 million cases.

FBI: Russian hacking group stole data after targeting local governments

FBI Headquarters. Photo: Mark Wilson/Getty Images

Energetic Bear, a Russian state-sponsored hacking group, has stolen data from two servers after targeting state and federal government networks in the U.S. since at least September, the FBI and Cybersecurity and Infrastructure Security Agency said on Thursday.

Driving the news: Director of National Intelligence John Ratcliffe announced Wednesday that Iran and Russia had obtained voter registration information that could be used to undermine confidence in the U.S. election system.

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