Jun 16, 2019

Wall Street's 3 Democratic favorites for 2020

Waiting for Kamala Harris in Dubuque, Iowa, last week Photo: Scott Olson/Getty Images

Three 2020 Democratic candidates are "generating most of the buzz" among Wall Street donors: Joe Biden, Sen. Kamala Harris and Pete Buttigieg, the New York Times reports.

Driving the news: Nine candidates over nine days will hold fundraisers in New York, racing to bring in cash ahead of a June 30 filing deadline.

Between the lines: "[T]hose who care most about picking a winner are gravitating toward Mr. Biden and Ms. Harris, while donors are swooning over Mr. Buttigieg enough to open their wallets and bundling networks for him," per the Times.

  • The three candidates most geographically aligned with the state of New York — Sens. Kirsten Gillibrand, Cory Booker and New York City Mayor Bill de Blasio — are not as high on the donor list.

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World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

Countries where novel coronavirus cases are falling may be hit with a "second peak" if they relax restrictions too soon, World Health Organization emergencies chief Mike Ryan warned during a briefing Monday. "We're still very much in a phase where the disease is actually on the way up," he added.

By the numbers: Brazil on Monday recorded for the first time more deaths from the novel coronavirus in a single day than the United States, Reuters notes. Brazil reported 807 deaths from COVID-19 in the past 24 hours, compared to 620 in the U.S. for the same period.

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Palantir CEO reflects on work with ICE

Palantir CEO Alex Karp told "Axios on HBO" that there have "absolutely" been moments he wished the company hadn't taken a contract with Immigration and Customs Enforcement (ICE).

  • "Did I suffer? ... I've had some of my favorite employees leave," Karp told "Axios on HBO."
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Michigan governor won't apologize for coronavirus lockdown

Michigan Gov. Gretchen Whitmer defended the strictness of her state's coronavirus lockdown in an interview with "Axios on HBO," saying it was necessary — despite the protests that have drawn national attention — because of how quickly the state's cases were rising.

The big picture: Whitmer, who has been a frequent target of President Trump, insisted that she had to act in the face of a lack of federal leadership — and that thousands more people in her state would have died without the lockdown.

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