US Election Countdown: The Fate of Joe Biden’s Presidential Campaign

Pressure Mounts on Joe Biden to Quit Presidential Race

In a dramatic turn of events, Democratic megadonors are urging Joe Biden to drop out of the presidential race, citing concerns about his ability to win the election against Donald Trump. The pressure has been mounting in recent days, with top donors threatening to halt funding for Biden’s campaign and party grandees indicating that his candidacy is no longer tenable.

Donors Unite Against Biden

According to sources close to the Democratic Party, donors from Wall Street to Hollywood have been rallying behind the push to get Biden to step down. These donors, who have previously contributed significantly to Biden’s campaign, are now saying that they will no longer support him. In fact, one megadonor close to Senate Majority Leader Chuck Schumer has stated that "I think it’s going to end very shortly." Another senior Democrat in Washington predicted that Biden would be out of the race by Monday, while others close to the party leadership believe it could happen even sooner.

Polls Show Biden Languishing

The latest polls have shown Biden struggling to gain traction against Trump. In fact, a new CBS-YouGov poll has Trump leading Biden by five points, a significant increase since the previous poll. Biden’s struggles in the polls have been compounded by his lackluster debate performance against Trump last month.

The Writing is on the Wall

Many Democrats are now convinced that Biden’s campaign is doomed. "You simply cannot lead a major party ticket when nearly the entire congressional delegation, most of the donors, and a large majority of base voters believe you should step aside," said one senior Washington Democrat. Another Democratic donor and head of the restructuring advisory firm M3 Partners, Mohsin Meghji, stated that "I think it’s happening and it’s largely irreversible."

The Impact on the Election

The potential exit of Biden from the race could have significant implications for the election. With Trump’s lead in the polls growing, the Democratic Party may be forced to turn to another candidate to challenge him. Some donors and operatives are already urging the party to support a new candidate, believing that someone else has a better chance of beating Trump.

Conclusion

The fate of Joe Biden’s presidential campaign hangs in the balance. With donors and party grandees urging him to step down, it seems increasingly likely that Biden will drop out of the race. The implications for the election are significant, and the Democratic Party may be forced to turn to a new candidate to challenge Trump.

FAQs

Q: Why are Democratic donors and party grandees urging Joe Biden to drop out of the race?
A: They believe that Biden’s campaign is doomed and that he has no chance of beating Trump in the election.

Q: What are the implications of Biden dropping out of the race?
A: The Democratic Party may be forced to turn to another candidate to challenge Trump, potentially changing the dynamics of the election.

Q: Is it likely that Biden will drop out of the race?
A: Yes, given the pressure from donors and party grandees, it seems increasingly likely that Biden will drop out of the race.

Q: Who might replace Biden as the Democratic nominee?
A: The party has not yet indicated a preferred candidate, but some donors and operatives are already urging the party to support a new candidate.

Author: www.ft.com

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