Business Daily
President Biden: What power do the donors have?
Jul 11, 2024
Hollywood celebrities George Clooney and Michael Douglas weigh in on the pressure facing President Biden to step down amid mounting criticism. The podcast delves into the influence of donors and billionaires in US politics, emphasizing the ethical challenges and implications for the upcoming election. President Biden remains resilient despite calls for replacement, highlighting the role of donors in shaping election dynamics and campaign strategies.
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Quick takeaways
- Democratic donors pressuring Biden to step down due to poor debate performance and doubts about his ability to win in November.
- Debates sparked on the influence of money in US politics as donors threaten to withhold funds until Biden resigns.
Deep dives
Criticism of President Biden's Candidacy
There is a growing concern among leading Democratic donors that President Joe Biden should step down from the forthcoming US election due to faltering performances in debates and interviews. The criticism highlights the influence of big money in US politics, with donors expressing doubts about Biden's ability to win in November. Notable figures like Hollywood star George Clooney and actor Michael Douglas have openly suggested that it might be time for Biden to step aside, raising questions about Biden's age and his capacity to navigate the challenges of the presidency.
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