Biden dialled in to a call with worried members of his campaign team and told them he wasn't going anywhere, according to two sources familiar with the call.
"No one is pushing me out. I'm not leaving. I'm in this race to the end," Biden said in an email blast by his campaign, urging supporters to "pitch in a few bucks" to help defeat his rival Donald Trump in the November 5 presidential election.
The 81-year-old president met virtually and in person with 24 Democratic governors and the mayor of Washington, D.C., on Wednesday evening (local time) to reassure them he is up to the job of standard-bearer for the party after the faltering debate performance.
Only three of the governors - the leaders of New York, Minnesota and Maryland - met with reporters afterwards, vowing to stand with Biden after what they called an honest discussion about his bad performance in last week's debate.
"The president has always had our backs. We're going to have his back as well," Maryland Governor Wes Moore said.
Minnesota Governor Tim Walz, the chair of the Democratic Governors Association, said Biden's Thursday night debate performance against former President Trump was bad, but added that he felt Biden was fit for office.
Asked on Wednesday if the president was considering stepping down, White House press secretary Karine Jean-Pierre said: "Absolutely not."
Soon after she spoke, two national polls suggested Biden's chances against 78-year-old Trump - who rattled off a series of well-worn falsehoods during the debate - had deteriorated since the debate. A Wall Street Journal survey found Trump beating Biden by a margin of 48% to 42%, up one percentage point, while a New York Times/Siena poll found Trump's lead over Biden had widened by three points to 49% to 43%.
Biden, who would be 86 when his second term ends, is being asked by some former supporters to step aside to preserve his legacy and lessen the chances of a second Trump presidency.
But in an interview with Earl Ingram of "The Earl Ingram Show" radio programme on Wednesday, Biden said he would fight on.
"I screwed up, I made a mistake. That's 90 minutes on stage. Look what I've done for the last three-and-a-half years," he said.
In a call among House Democrats on Wednesday, Arizona's Raúl Grijalva called for Biden to drop out of the race while Representative Seth Moulton from Massachusetts pointed to Biden's age as a liability.
“The unfortunate reality is that the status quo will likely deliver us President Trump,” Moulton said in a statement. "President Biden is not going to get younger.”
While the campaign has highlighted fundraising successes with grassroots donors and held damage control calls with donors, Reed Hastings, a major Democratic Party donor and a co-founder of streaming platform Netflix, called for Biden to step aside.
Vice President Kamala Harris has meanwhile gained support as his potential replacement.
Dmitri Mehlhorn, an adviser to LinkedIn co-founder and Democratic megadonor Reid Hoffman, told Reuters his team would "enthusiastically support a ticket led by our tough and savvy vice president if Biden were to step aside for any reason."
Melhorn said Harris was the only serious national contender who had already been subjected to major attacks by Trump's "Make America Great Again" supporters.
"We would lose Joe's superpower brand, but we would gain other benefits and would still be competitive," he said.
GOVERNORS AS ALTERNATIVES?
Democrats and donors concerned about Biden's viability in the November election will be closely watching an interview with ABC News expected to be taped Friday during a campaign visit to Madison, Wisconsin, and aired throughout the weekend.
The White House said Biden has spoken with Democratic leaders in Congress as well as Democratic Representative Jim Clyburn, who was instrumental in Biden's 2020 win.
Clyburn, who has said he would back Harris as the presidential candidate if Biden stepped aside, told CNN on Wednesday that the party should hold a "mini-primary" if Biden steps aside, the first senior party member to talk publicly about how replacing Biden as a candidate could work.
If Harris were the nominee, this primary process "would give us an opportunity, not just to measure up who would be good to be at the top of the ticket, but also who would be best in second place," he said.
A handful of governors are potential rivals to Biden if pressure for him to step aside were to increase, but many of them also speak on Biden's behalf on the campaign trail.
Michigan Governor Gretchen Whitmer, California Governor Gavin Newsom, Illinois Governor J.B. Pritzker, Pennsylvania Governor Josh Shapiro and Kentucky Governor Andy Beshear have all been mentioned as possible replacements to Biden.