Democratic Party crisis and potential Biden replacement
Wall Street's influential donors are resigned to watching and waiting as the Democratic Party faces a crisis. Efforts to find an alternative to Biden have fallen short, with donors withholding contributions until he steps aside.
Key Points
- Wall Street donors are resigned to watching and waiting as the crisis unfolds.
- Efforts to find an alternative to Biden have not been successful so far.
- Donors are considering shifting contributions to House and Senate races.
- Some donors are launching long-shot efforts to find a replacement for Biden.
Pros
- Efforts to find a replacement for Biden show a desire for change within the Democratic Party.
Cons
- Donors are withholding contributions until Biden steps aside, potentially impacting the campaign's funding.