As President Biden continues to insist he will be the Democratic Party's presidential nominee for 2024, the list of business leaders calling for him to bow out is still growing nearly two weeks after his performance debating former President Trump sparked a frenzy of concern over Biden's mental acuity.
Following the June 27 debate, Netflix executive chair and co-founder Reed Hastings was among the first high-profile business leaders to publicly call for Biden to withdraw from the race. The Democrat megadonor told The New York Times in an email, "Biden needs to step aside to allow a vigorous Democratic leader to beat Trump and keep us safe and prosperous."
On July 3, pro-Democracy business group Leadership Now issued a statement of its own calling for Biden to pass the baton and allow another Democrat to run for the nomination, citing fears of a "devastating loss" to Trump in November.
The initial statement from Leadership Now was not signed, but the group sent a letter directly to Biden on July 5, urging him to drop out "for the sake of our democracy and the future of our nation," and its signatories – nearly 400 and growing – include some big names from the business world.
