Will Biden drop out of the race? The Democratic Party is in chaos, and fundraisers are extremely dissatisfied!

The first televised presidential election debate in the United States ended last week. A CNN poll showed that 67% of voters believed that Republican presidential candidate Trump performed better. Biden's performance in this debate was disastrous.

The New York Times writes an article calling on Biden to drop out of the race

The New York Times titled "To Serve His Country, President Biden Should Leave the Race" and commented: "The greatest public service Biden can do now is to announce He will not run for re-election, and as things stand, the president is making a reckless gamble with the ability of Democratic leaders to present a clear, compelling and dynamic plan to replace Trump for a second term."

"What needs to be remembered is that it was Biden who challenged Trump to this debate, who set the rules and insisted on a date months earlier than any previous general election debate. He understood that he needed to address the public's concerns early on. There have long been concerns about his mental acuity and Biden now needs to face the fact that he failed his own test.”
In addition, many columnists in the New York Times also called on Biden to withdraw from the election in a rare and unanimous voice. There is news in the market that Democrats and sponsors are also exploring the possibility of changing the coach before the election.

Betting platform Polymarket shows Biden dropout rate surges

Since the end of the TV debate last week, according to predictions from the decentralized betting platform Polymarket, the market predicts that the probability of Biden withdrawing from the election has reached 44%, showing a surge.

Chaos within the Democratic Party

"The game is over," said a senior Democratic campaign consultant who has been raising money for congressional leaders for more than a decade and helped raise money for Biden's 2020 White House bid.
"Biden has to go. He has to go now, and if he doesn't leave, we're going to be knocked down..." the adviser said. They told CNBC they plan to contact Democratic National Committee Chairman Jaime Harrison on Friday to discuss what happened at the debate.
An adviser to one of the Democratic Party's top megadonors called the debate an "absolute train wreck" for Biden. "Worse than Ronald Reagan in '84, George W. Bush in '04, or Barack Obama in '12," they added.

Democratic fundraisers are disappointed

President Joe Biden's performance in the first presidential debate was akin to a car crash, sparking concern among Democratic fundraisers. They believe Biden should drop out of the race to avoid losing the upcoming election.
Many fundraisers contacted CNBC during the debate to express their disappointment and concerns.
One fundraiser called it "a disaster" and said he planned to discuss the situation with the chairman of the Democratic National Committee on Friday.
"This is terrible. Worse than I thought. Everyone I talk to thinks Biden should withdraw," this person said. He requested anonymity to describe private conversations.

New democratic candidate

If Biden somehow drops out of the race, California Governor Gavin Newson would be the leading replacement. Newsom has received the full attention of the mainstream media over the last year, and he has certainly acted like he was running for president.
However, a Rasmussen Reports survey of 912 likely voters in March found that if Newsom became the Democratic nominee in 2024, former President Trump would lead by 17 points, 51% to 34% .
A February 2024 Emerson College poll of 1,225 people showed that in a hypothetical White House race, Trump would beat Newsom by 10 points, 46% to 36%.