MNI POLITICAL RISK - Democrat Donors Look At Plan B

Executive Summary:

• US President Joe Biden is preparing for a three-day dash that could make or break his bid for re-election in November. Today, he will record an interview with ABC's George Stephanopoulos. He will then deliver speeches in two key swing states. If Biden can’t reassure Democratic Party officials, donors, and voters, that his disastrous presidential debate performance was a one-off, calls for him to step aside will intensify next week.
• A group of Democrat megadonors are reportedly preparing a USD$100 million fund that would be used to support a replacement candidate.
• Former President Donald Trump has been uncharacteristically quiet since the debate, believing that allowing Democrat infighting to play out is his optimum strategy. However, it puts Trump in a bind, as he would likely prefer a diminished Biden to stay in the race.
• A new survey of Capitol Hill aides has found that senior staffers believe Democrats will win the Senate races in Arizona, Pennsylvania, and Wisconsin.
• 68% of aides said it is unlikely that Congress will pass any significant financial services legislation this year, with Congress most likely to pass legislation related to China competition.
• US and Israeli officials expressed optimism that a Gaza ceasefire-for-hostage deal can be struck after Hamas moderated its position and Israeli Prime Minister Benjamin Netanyahu agreed to send negotiators to a new round of talks in Doha.
• Poll of the Day: Vice President Kamala Harris may have a slightly higher chance of winning the Electoral College than Biden.

Please find the full article attached below:

MNIPOLRISKUSDaily050724.pdf