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MNI POLITICAL RISK - Pressure On Biden To Drop Out Intensifies

Daily round-up of news from the US.

Political RiskPolitical Market News

Executive Summary:

  • US President Joe Biden tested positive for COVID-19 and has returned to Delaware where he will, “self-isolate” and “continue to carry out all of his duties." The diagnosis came as the rebellion against Biden’s candidacy again threatened to boil over.
  • House Rep Adam Schiff (D-CA) called on President Biden to withdraw and reports emerged that former House Speaker Nancy Pelosi (D-CA) and Senate Majority Leader Chuck Schumer (D-NY) both conveyed to Biden that he should drop out.
  • In recent interviews, Biden has appeared to suggest that poor polling or a genuine health concern could force him to reconsider his candidacy - two potential off-ramps that could be in play now that the time for a serene transfer of the nomination appears to have passed.
  • A poll finds that two-thirds of Democrats say President Biden should withdraw, state-level polling warns previously safe states like Virginia could be competitive in November, and a survey finds that Biden is not uniquely positioned to carry Black voters.
  • Trump's VP nominee, JD Vance, delivering a keynote speech at the RNC, made a direct pitch to Rust Belt voters who will likely determine the election: “To the people of Middletown, Ohio, and all the forgotten communities in Michigan, Wisconsin, Pennsylvania and Ohio, and every corner of our nation: I promise you this — I will be a vice president who never forgets where he came from.”
  • Poll of the Day: Democrats are losing ground to Republicans on one of their major electoral pillars: Good governance.

Please find the full article attached below:

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Executive Summary:

  • US President Joe Biden tested positive for COVID-19 and has returned to Delaware where he will, “self-isolate” and “continue to carry out all of his duties." The diagnosis came as the rebellion against Biden’s candidacy again threatened to boil over.
  • House Rep Adam Schiff (D-CA) called on President Biden to withdraw and reports emerged that former House Speaker Nancy Pelosi (D-CA) and Senate Majority Leader Chuck Schumer (D-NY) both conveyed to Biden that he should drop out.
  • In recent interviews, Biden has appeared to suggest that poor polling or a genuine health concern could force him to reconsider his candidacy - two potential off-ramps that could be in play now that the time for a serene transfer of the nomination appears to have passed.
  • A poll finds that two-thirds of Democrats say President Biden should withdraw, state-level polling warns previously safe states like Virginia could be competitive in November, and a survey finds that Biden is not uniquely positioned to carry Black voters.
  • Trump's VP nominee, JD Vance, delivering a keynote speech at the RNC, made a direct pitch to Rust Belt voters who will likely determine the election: “To the people of Middletown, Ohio, and all the forgotten communities in Michigan, Wisconsin, Pennsylvania and Ohio, and every corner of our nation: I promise you this — I will be a vice president who never forgets where he came from.”
  • Poll of the Day: Democrats are losing ground to Republicans on one of their major electoral pillars: Good governance.

Please find the full article attached below:

Keep reading...Show less