At PredictIt, the implied odds of President Biden sticking around to fight for another term bumped up to 63% today from about 54% at this time yesterday.
He appears to be trying to rally the troops, saying that he isn’t going anywhere.
That’s left vulnerable Congressmen in a tough spot. They can try to force him out and risk a civil war that hurts their own re-election chances, or they can fall in line.
Some might be playing for time ahead of the Aug 19-22 Democratic National Convention.
This article was written by Adam Button at www.forexlive.com.
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