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.

Go deeper

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.

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."

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.