Wall Street quietly hopes another Dem wins party nomination

Joe Biden talks on the phone with former Vice President Al Gore to wish him a Happy 75th Birthday, Thursday, March 30, 2023, in the Center Hall of the White House. (Official White House photo by Cameron Smith)

Joe Biden talks on the phone with former Vice President Al Gore to wish him a Happy 75th Birthday, Thursday, March 30, 2023, in the Center Hall of the White House. (Official White House photo by Cameron Smith)

Mary Lou Masters
Daily Caller News Foundation

Wall Street executives privately disclosed their hopes that another Democrat wins the party’s nomination instead of President Joe Biden, according to The Wall Street Journal.

The corporate deal-makers don’t like Biden’s antitrust policies and are seeking other Democratic contenders to challenge the president in 2024, according to the WSJ. Blue-backing Wall Street executives who don’t want Biden to be the nominee again pitched alternatives like JPMorgan Chase CEO Jamie Dimon and Ray McGuire, the Lazard president.

“Everybody is hoping for a miracle,” a senior Wall Street negotiator told the WSJ. “Nobody wants Biden, and nobody wants Trump.”

WND is now on Trump's Truth Social! Follow us @WNDNews

While Blair Effron, co-founder of Centerview Partners, President of Blackstone Jonathan Gray and financier Antonio Weiss will likely back Biden as the nominee, other Wall Street executives are considering longshots like Jamie Dimon and Ray McGuire, the WSJ reported.

Dimon is the CEO of JPMorgan Chase who said in 2018 he “could beat” then-President Donald Trump in an election, but feared he couldn’t win against “the liberal side” of the party; the CEO said on May 22 that he wasn’t planning on leaving the company any time soon. McGuire is the president of Lazard and a former New York City mayoral candidate who ran against Mayor Eric Adams for the Democratic nomination in 2021.

Other Democrats have grown increasingly concerned about Biden’s age and mental acuity as he seeks reelection, with his approval rating remaining low at 37%, multiple outlets reported. Biden is already the oldest U.S. president in history, and would be 86 by the end of his second term if he wins in 2024.

The Real Clear Politics (RCP) average for the 2024 national Democratic primary, based on polls conducted between May 3 and May 22, indicates that Biden has 59.3% support, followed by Robert F. Kennedy Jr. and Marianne Williamson at 16.8% and 6.8%, respectively.

The Wall Street executives also don’t want Trump to be the Republican nominee, and are looking to alternatives like conservative businessman Vivek Ramaswamy and Florida Gov. Ron DeSantis, who made his highly anticipated entrance into the growing GOP primary field last week, according to the WSJ.

“I am hoping it is not Trump,” Home Depot co-founder and financier Ken Langone, who says he no longer supports the former president after Jan. 6, told the WSJ.

The White House did not immediately respond to the Daily Caller News Foundation’s request for comment.

This story originally was published by the Daily Caller News Foundation.

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org.


IMPORTANT NOTE: “Election denier!” “Science denier!” “Climate-change denier!” “Conspiracy theorist!” And then there’s “hate speech,” “fake news,” “disinformation,” “misinformation,” even something called “MALinformation.” A bizarre new lexicon has been conjured up by America’s elites, the SOLE PURPOSE of which is to discredit and ridicule – and if at all possible, CENSOR ENTIRELY – speech that doesn’t support their increasingly dark and deranged agenda. Tucker Carlson is just the latest.

In the greatest imaginable irony, the nation once boasting the most robust culture of freedom of speech and the press – undergirded by the strongest constitutional protections for those rights – is now ground zero for a total war on free expression.

How could this possibly happen in the United States of America? It’s all explained as never before in the sensational new issue of WND’s critically acclaimed WHISTLEBLOWER magazine, titled “THE ELITES’ ALL-OUT WAR ON FREE SPEECH.” WHISTLEBLOWER is available in both the popular print edition and a state-of-the-art digital version, either single issues or discounted annual subscriptions.


SUPPORT TRUTHFUL JOURNALISM. MAKE A DONATION TO THE NONPROFIT WND NEWS CENTER. THANK YOU!

The post Wall Street quietly hopes another Dem wins party nomination appeared first on WND.

by is licensed under