2024-07-04 20:07:45
Politics
Election

Mounting Pressure on Joe Biden as Calls for his Withdrawal Increase

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US President Joe Biden is facing mounting pressure to drop out of the presidential race, as several reports suggest that his re-election bid is in jeopardy. Democratic lawmakers are considering signing a letter demanding Biden's withdrawal, which could severely impact his prospects.

New polls show that Donald Trump's lead over Biden has increased, further putting pressure on Biden to step aside. Vice-President Kamala Harris is emerging as a potential replacement if Biden decides to withdraw.

Concerns about Biden's viability as a candidate are rising, with campaign officials closely monitoring polls. The possibility of Biden dropping out is causing shifts in the financial markets, with traders adjusting their portfolios based on the potential return of Trump.

Despite the calls for withdrawal, the White House has stated that there is zero chance of Biden stepping down, with Biden himself reiterating his commitment to the campaign. The article also discusses the possibility of Democrats nominating an alternative candidate to replace Biden, with Harris being mentioned as the most prominent name.

However, any candidate switch would require Biden to voluntarily step out of the race, which his campaign says he has no intention of doing. If Biden were to drop out, the Democratic Party would have a limited time to nominate a new candidate, with Ohio's ballot certification requirement posing a challenge.

Representative Raúl M. Grijalva of Arizona becomes the second House Democrat to call for Biden's withdrawal, expressing concerns about his campaign's state and emphasizing the need to fight against the possibility of a second Trump presidency.

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The article discusses the possibility of Democrats nominating an alternative candidate to replace President Biden as the party's presidential nominee, with Vice President Kamala Harris being the most prominent name mentioned. However, the article notes that a candidate switch would require Biden to step out of the race, which his campaign says he has no intention of doing. The article also highlights the risks of such a move, as some of the potential stand-ins have never endured the vetting and..
New York Times - U.S.
4. Juli 2024 um 02:53

Biden Told Ally That He Is Weighing Whether to Continue in the Race

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President Biden is considering whether he can continue in the race following a disastrous debate performance, as indicated by a conversation with a key ally. Concerns are rising about his viability as a candidate, with campaign officials monitoring polls closely.
World - South China Morning Post
3. Juli 2024 um 17:05

Joe Biden faces mounting pressure as report says he is weighing exit

Politics
US President Joe Biden is facing mounting pressure to drop out of the presidential race, according to a report in The New York Times. The report suggests that Biden may have to abandon his re-election bid if he is unable to turn around public opinion in the coming days. Democratic lawmakers are considering signing a letter demanding Biden withdraw from the race, which could severely impact his prospects.
Yahoo Finance
3. Juli 2024 um 23:28

Wall Street on Alert for Biden Exit as Trump-Win Trades Mount

Finance
Politics
The possibility of President Joe Biden dropping out of the race for re-election is causing shifts in the financial markets, with traders adjusting their portfolios based on the potential return of Donald Trump. The bond market has seen the most significant impact, with yields on 10-year Treasuries rising after the debate between Biden and Trump. Traders and strategists believe that a Trump victory would lead to trades favoring a stronger dollar, higher US bond yields, and gains in bank, health,..
CW

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