The 2024 presidential election is shaping up to be a financial mismatch. President Joe Biden and his Democratic allies are amassing a $140 million war chest, which puts them in a formidable position against their potential Republican rivals. What Happened: CNBC reported on Thursday that the Biden reelection campaign, Democratic National Committee, joint fundraising committees, and super PACs have a combined $140 million, according to new Federal Election Commission filings. This substantial financial advantage is a significant boon for the Democratic incumbent, especially as his campaign works…