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Bernie Sanders and Elizabeth Warren. Photo: Bill Clark/CQ Roll Call

Wall Street Democrats are concerned about the fate of the nearly two dozen Democrats in the presidential circuit, New York magazine's Gabe Debenedetti writes for "Intelligencer" [Updated]:

One night in early April, roughly 20 of the Democratic Party’s highest-profile donors from the financial industry sat down over dinner to discuss how exactly they were feeling about the 2020 presidential race. ...
Convened by two veterans of liberal fund-raising — investors Steven Rattner and Blair Effron — the group [shared] notes on the overflowing field of candidates. But coming to some kind of consensus ... was a far-fetched proposition. .
"There’s tremendous fear," said one banker who was there.
The candidates who had long cultivated relationships with Wall Street — such as Cory Booker and Kirsten Gillibrand — were struggling to gain traction and had grown more hostile to finance as their party had, too.
Joe Biden ... had never, until a few months ago, maintained any meaningful relationship with Wall Street ...
Nearly everyone else in the field, the financiers felt, was being pulled leftward by Bernie Sanders ... and Elizabeth Warren ...
Kamala Harris was a favorite of many.

Go deeper.

Go deeper

Biden explains justification for Syria strike in letter to Congress

Photo: Chris Kleponis/CNP/Bloomberg via Getty Images

President Biden told congressional leadership in a letter Saturday that this week's airstrike against facilities in Syria linked to Iranian-backed militia groups was consistent with the U.S. right to self-defense.

Why it matters: Some Democrats, including Sens. Tim Kaine (D-Va.) and Chris Murphy (D-Conn.) and Rep. Ro Khanna (D-Calif.), have criticized the Biden administration for the strike and demanded a briefing.

8 hours ago - Health

FDA authorizes Johnson & Johnson's one-shot COVID-19 vaccine for emergency use

Photo: Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

The Food and Drug Administration on Saturday issued an emergency use authorization for Johnson & Johnson's one-shot coronavirus vaccine.

Why it matters: The authorization of a third coronavirus vaccine in the U.S. will help speed up the vaccine rollout across the country, especially since the J&J shot only requires one dose as opposed to Moderna and Pfizer-BioNTech's two-shot vaccines.

Updated 9 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios