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Free AccessObama Says Biden Should Seriously Consider Viability Of Candidacy
The Washington Post reporting that former President Barack Obama told allies "in recent days" that, "President Biden’s path to victory has greatly diminished and he thinks the president needs to seriously consider the viability of his candidacy, according to multiple people briefed on his thinking."
- The Post notes: "Obama has only spoken with Biden once since the debate, and he has been clear in his conversations with others that the future of Biden’s candidacy is a decision for the president to make," adding that "Obama has been deeply engaged in conversations about the future of Biden’s campaign, taking calls from many anxious Democrats, including former House speaker Nancy Pelosi (D-Calif.), and has shared his views about the president’s challenges..."
- According to the report, Obama "has told people he is concerned that the polls are moving away from Biden, that former president Donald Trump’s electoral path is expanding and that donors are abandoning the president."
- The report is the latest to suggest that Biden has lost the confidence of many of the most influential elected Democrats, grandees, and party donors. If Biden continues to dig in tomorrow, and over the weekend, it is likely that the private discussions will become increasingly public.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.