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Some Democratic donors want to slow Harris' nomination; potential challengers quick to endorse it

  • Some of the Democratic party's top donors want to pull the brakes on Vice President Kamala Harris' surge to the nomination.
  • Businessmen Mike Bloomberg and Reed Hastings are among the donors who have called for an open process to slow down the nomination.
  • But so far, no one is moving to mount a challenge to Harris as she racks up donations and endorsements.

Some of the Democratic Party's top donors have been urging the party to hit the brakes on Vice President Kamala Harris' surge towards the nomination, arguing for a more "open" and inclusive process that would let delegates evaluate several potential nominees. The problem is, there aren't any serious contenders.

As of late Monday, there did not appear to be any 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. He notably did not endorse Harris. Bloomberg has a net worth of over $100 billion, according to Forbes.

"Dem delegates need to pick a swing state winner," said Netflix executive chairman and longtime Democratic donor Reed Hastings in a social media post on Sunday, shortly after Biden dropped out of the race.

But this idea, that there should be a challenger to Harris to give Democrats options, while popular with some Democratic donors, has found no takers so far among the crop of rising Democratic electeds who would be expected to actually do the challenging.

On the contrary, Democratic governors and senators and House members have been lining up to endorse Harris, instead of waiting to see whether any potential alternatives emerge.

The refusal by Democrats

Read more on cnbc.com