Wealthy Democratic donor urges Biden to consider stepping down: ‘Ego or ethics’ – Washington Examiner
Billionaire Democratic donor, Michael Moritz, has called for President Joe Biden to step down as the Democratic presidential nominee. This demand comes from the Silicon Valley venture capitalist, and it is expected to create further tension within the Democratic party. Moritz’s call for Biden to step down as the nominee comes as a shock to many within the party, as Biden has been leading in the polls and is seen as the best chance to defeat incumbent President Donald Trump in the upcoming election.
Moritz cited concerns over Biden’s age and health as reasons for his call for the former Vice President to step down. He believes that another candidate, such as Vice President Kamala Harris or Senator Elizabeth Warren, would have a better chance of beating Trump in the election.
This demand from a major Democratic donor like Moritz is likely to create divisions within the party, as Biden has already secured the nomination and has the support of many key Democratic leaders. It remains to be seen how this will impact the race going forward.
Biden’s campaign has not yet responded to Moritz’s call for him to step down, but it is clear that this latest development will continue to be a point of contention in the upcoming election.
Billionaire Democratic donor tells Biden to step aside: ‘Vanity or virtue’
Billionaire Democratic megadonor Michael Moritz is demanding that President Joe Biden step down as the Democratic presidential nominee.
The move by the Silicon Valley venture capitalist is sure to further tighten the screws against Biden, as he faces a continuing avalanche of defecting Democratic congressmen and donors. In an email to the New York Times, Moritz said Biden has a choice: “Vanity or virtue.”
“He can either condemn the country to dark and cruel times or heed the voice of Father Time. The clock has run out,” he said.
Moritz, 69, threatened to withhold all his funding for Democrats if Biden is not removed, reflecting a significant concern for Democrats as other major donors have pledged to do the same.
“I would vote for Biden, but I would not give another penny to any fund-raising appeals from Democrats,” he said.
So far, Moritz has donated $7.8 million to pro-Biden and anti-Trump causes in the 2024 election cycle, according to the outlet.
Moritz joins the growing list of donors threatening to dry up the Democrats’ well of cash after former President Donald Trump raised more for the past several months.
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