There is mounting pressure within the Democratic Party for President Joe Biden to step down from his re-election bid, with key figures like Rep. Adam Smith and Sen. Sherrod Brown joining the call. Influential donors, some openly and others behind the scenes, are reportedly using financial leverage to push Democrats to urge Biden's withdrawal. Despite this, the Democratic National Committee (DNC) is proceeding with plans for an early virtual roll call vote in early August to officially nominate Biden. Globally, there is a sentiment that Biden's diminishing influence may benefit Trump, with foreign officials discreetly preparing for a possible second Trump term. Betting odds and prediction markets reflect declining confidence in Biden's chances, with Trump now seen as the frontrunner.