David Sacks, co-founder of Craft Ventures and a prominent supporter of former President Donald Trump, has sparked controversy by accusing Democratic elites of orchestrating a “coup” against President Joe Biden. This accusation comes amidst mounting pressure within the Democratic Party to replace Biden with a younger candidate following criticisms of his recent debate performance.
According to a report by Fox News on July 12, 2024, Sacks voiced his concerns on social media platform X, where he highlighted data from a new poll by FiveThirtyEight (538) showing Biden still as the frontrunner with a 51% chance of defeating Trump. Despite this statistical favorability, Sacks condemned what he described as a clandestine effort by Democratic operatives to sideline Biden on grounds of electability.
The Axios report cited by Sacks outlines actions by influential Democrats, including veterans of the Obama and Clinton administrations, who are actively lobbying for Biden’s withdrawal from the race. This group, dubbed the “unofficial Committee to Unelect the President,” reportedly commissions polls, rallies donors, and challenges Biden’s candidacy in an effort to promote an alternative ticket deemed more electorally viable.
Sacks, who recently hosted a fundraiser for Trump in San Francisco, declared his endorsement of Trump on social media, citing concerns over Biden’s economic, foreign, border, and legal policies. His endorsement underscores a broader narrative of discontent within the Democratic Party, where calls for Biden’s replacement have intensified amid fears of electoral defeat.
The tension between poll predictions favoring Biden and internal Democratic efforts to replace him highlights deep divisions within the party. Sacks’ characterization of these efforts as a “coup” resonates with Trump’s base and adds fuel to ongoing debates over Biden’s candidacy and the future direction of the Democratic Party.
As the Democratic Party grapples with internal turmoil, Sacks’ accusations reflect broader concerns about political stability and elite influence, setting the stage for a contentious electoral season ahead.