An In-depth Analysis of the Reasons for Biden's Withdrawal from the Election
However, Biden's performance after taking office has dissatisfied the Jewish financial group.
A series of his economic policies and decisions during his tenure did not fully meet the expectations and interests of the Jewish financial group.
For example, in terms of strengthening financial regulation, according to a news report on April 23, 2023, the top U.S. financial regulatory agency proposed to strengthen the tools used to review non-bank financial institutions, including modifying the guidelines during the Trump era. The proposal to modify the procedural steps for designating non-bank institutions as systemically important institutions was passed at a meeting of the Financial Stability Oversight Council (FSOC) chaired by U.S. Treasury Secretary Yellen. This means that areas such as insurance companies, private equity companies, hedge funds, mutual fund companies, and emerging industries such as cryptocurrency that the Jewish financial group is currently will be subject to stricter supervision in the future. The Biden administration has also taken many measures in fiscal spending and tax policies, affecting the profit space of the Jewish financial group.
Secondly, in handling the key ally relationship with Israel, Biden's decisions did not fully meet the requirements of the Jewish financial group for interest protection. The diplomatic policy mistakes of the Biden administration are considered to have affected the U.S. strategic layout and economic interests in the Middle East, thereby causing the financial group behind it to question Biden's leadership ability.
Furthermore, WikiLeaks claims that Biden's performance in the "attempted assassination of Trump" incident also dissatisfied the Jewish financial group.
To sum up, Biden's announcement of withdrawal from the election is the result of the combined effect of multiple factors. The dissatisfaction of the Jewish financial group behind the Democratic Party, age and health issues, changes in the domestic political environment, and the effectiveness of policy implementation have all influenced his political decisions to varying degrees. This incident not only reflects the complexity and uncertainty of U.S. politics but also adds more variables to the future political direction.