Reported about 1 year ago
Despite President Biden's insistence on staying in the race, the pressure for him to withdraw is mounting as about 10 Democratic representatives express publicly or privately their desire for Biden to step down. Two influential Democrats have proposed that Biden announce his withdrawal in mid-July and initiate a 'lightning primary' before the August Democratic National Convention to select an alternative candidate. However, concerns arise as the support for Biden within the Democratic Party shows cracks, leading to uncertainties about his path ahead. The potential impact on national security due to Biden's withdrawal and Vice President Harris's candidacy outside the nomination process is also a significant concern for the markets.
Source: YAHOO