On Wednesday, Bloomberg reported that leading Wall Street bankers are opposed to both Joe Biden and Donald Trump attaining the office of President in the 2024 US Presidential election.
The outlet reported that JPMorgan Chief Executive Jamie Dimon said this week that he believes voters should rally behind former governor of South Carolina Nikki Haley in the Republican primary election, and help her to defeat Donald Trump for the nomination.
Meanwhile Bill Ackman, billionaire hedge fund manager and founder and chief executive officer of Pershing Square Capital Management, said in an interview with Bloomberg on Tuesday that President Joe Biden should step aside and make way for a new Democrat candidate to run for the office in 2024.
Ackman said, “Biden’s done a lot of good things. But I think his legacy will not be a good one if he is the nominee. The right thing for Biden to do is to step aside, and to say he’s not going to run, and create the opportunity for some competition.”
Meanwhile Tesla CEO Elon Musk has said that he could not see himself voting for Biden in the 2024 election, although he was quick to add that the statement should not be taken as a sign he would support former President Trump either.
The CEO of cryptocurrency firm Galaxy, Mike Novogratz, said to Bloomberg, “I’m kind of in the anything but crazy or really old party. I pledged I would not vote for anyone over 75 years old, or even 72.”
The election which will determine the next President of the United States will be held on November 5th, 2024. However the primary elections, in which each party will select its candidate for the General Election, kick off in under two months. Currently the frontrunner for the Democrat Party nomination is the President, Joe Biden, while the frontrunner for the Republican nod is former President Donald J. Trump, who is looking to be elected to a second, non-consecutive term.
Bloomberg ended their report saying, “The desire for alternatives highlights the deep dissatisfaction many voters have with frontrunners Biden and Trump, raising questions about whether Americans will vote for third-party candidates or just stay home next November.”
