The upcoming U.S. presidential election has become one of the most surprising in the nation’s history with President Biden withdrawing his candidacy and endorsing Vice President Kamala Harris as his successor. Key members of the Democratic Party are now coalescing around her nomination. Biden’s decision was widely anticipated after his poor debate performance raised questions about his fitness to serve. The latest AP-NORC poll revealed that two-thirds of Democrats believed Biden should withdraw. As of mid-July, betting markets assigned more than a 50 percent probability that Harris would replace him. The latest surveys show Harris would do somewhat better against Trump than Biden,
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