Democratic donors want to slow down Harris’ candidacy, but not challengers

Some of the Democratic Party’s top donors are urging the party to put the brakes on Vice President Kamala Harris’ rise to the nomination, arguing for a more “open” and inclusive process that would allow delegates to evaluate several potential candidates. The problem is that there are no serious contenders.

As of late Monday, there appeared to be no potentially serious challengers for the Democratic nomination who had not already endorsed Harris.

Billionaire and longtime donor Mike Bloomberg said, “The decision is too important to rush, because the election is too important to lose,” in a statement Monday. In particular, he did not approve of Harris. Bloomberg has a net worth of more than $100 billion, according to Forbes.

“Democrats must pick a swing state winner,” Netflix executive chairman and longtime Democratic donor Reed Hastings said in a social media post. Position on Sunday, shortly after Biden dropped out of the race.

But that idea, that there should be a challenger to Harris to give Democrats options, while popular with some Democratic donors, has so far found no supporters among the rising Democratic electors who would be expected to actually mount the challenge.

Instead, Democratic governors and senators and members of the House have lined up to support Harris, rather than waiting to see if potential alternatives emerge.

Democrats’ refusal to entertain these calls from donors who want to slow down the nominating process is a stark contrast to how many donors have successfully lobbied lawmakers to call on Biden to drop out of the race.

Despite some big donors pushing to halt the process, the Democratic Party on Monday was in full swing with its new front-runner.

So far, no Democrats have indicated their intention to launch a counter-campaign to Harris as she gathers her party’s endorsements and skyrocketing donations.

In the hours after Biden dropped out of the race and endorsed Harris, most of her potential challengers to her campaign, instead of throwing their hats in the ring, endorsed the vice president.

This includes California Governor Gavin Newsom, North Carolina Governor Roy Cooper, Transportation Secretary Pete Buttigieg, Pennsylvania Governor Josh Shapiro, Kentucky Governor Andy Beshear, Illinois Governor JB Pritzker and Michigan Governor Gretchen Whitmer — all of them cheaters in the beppot to become Harris’ running mate.

Harris on Monday also secured the support of top Democrats on Capitol Hill, including one of Biden’s closest allies, former House Speaker Nancy Pelosi, D-Calif.

Pelosi’s endorsement is a key signal that Democrats are rallying around the vice president with just over a week until Aug. 1, when the Democratic National Committee said it could begin the virtual roll call process to nominate its nominee. party.