With less than two months left until the primaries and caucuses for the 2024 US presidential election begin, Wall Street heavyweights are betting that a dark horse will emerge ahead of President Biden and former President Trump, who are expected to be nominated by the major parties. I hope they pull off an upset.
JPMorgan Chase & Co. CEO Jamie Dimon said on Wednesday that voters should support former South Carolina Gov. Nikki Haley as the Republican candidate to replace Mr. Trump, who is seeking re-election.
“Even if you’re a very liberal Democrat, please support Nikki Haley,” Dimon said at the New York Times’ Dealbook Summit.Appealed.
Bill Ackman, a billionaire, told Bloomberg Television on Wednesday that Biden should step aside to allow a new candidate to emerge. Mr. Ackman is focusing on Congressman Phillips, a centrist from Minnesota who is challenging Mr. Biden for the Democratic nomination.
“I think Biden has done a lot of great things, but if he becomes a candidate (for next year’s presidential election), his historical reputation will not be good,” Ackman said. “I think the right thing for Mr. Biden to do is stand back and say he’s not running and create an opportunity for competition,” he continued.
Mike Novogratz, founder of cryptocurrency investment firm Galaxy Digital Holdings, told Bloomberg Television on Monday that friends have been urging him to meet Haley. He also met Mr. Phillips and found him “surprisingly reasonable,” but said he was disappointed that he didn’t have the name recognition that some of the other candidates had. Novogratz, who has donated to the Democratic Party, said, “I vowed not to vote for anyone over 75, or even 72.”
Pushing other candidates at the last minute is unlikely to change the outcome of the nomination process. Party rules, fundraising and polling numbers make Haley and Phillips unlikely candidates. But the calls for an alternative candidate underscore the deep dissatisfaction many voters have with the front-runners Biden and Trump, with US voters voting for third-party candidates next November. It also raises the question of whether they will do so or just stay home without voting.
Haley, 51, has been rising in polls and has the backing of prominent donors, including political groups with ties to billionaire Charles Koch. Citadel’s Ken Griffin praised Haley’s campaign and said he was considering donating.
Still, he is trailing Trump by a wide margin. In Iowa, the first state in the Republican nominating process, Trump leads with 47% support, compared to Haley, according to an average of polls calculated by RealClearPolitics. remains at 14.3%.
Mr. Phillips, 54, faces an even more difficult road ahead. Polls show Phillips’ support in the single digits, and the Democratic National Committee is already working with Biden’s campaign. Phillips aims to capitalize on polls showing voters’ concerns about the suitability of Biden, who at 81 is already the oldest president in U.S. history.
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news-rsf-original-reference paywall">Original title:Wall Street Icons Lament Biden, Trump as Top 2024 Choices (1)(excerpt)
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2023-11-30 01:50:36