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The Best & The Brightest
Bayer
Leigh Ann Caldwell Leigh Ann Caldwell

Hello and welcome back to The Best & The Brightest. I’m Leigh Ann
Caldwell
, coming to you on a very summerlike early spring day in Washington, ahead of yet another tumultuous week as Wall Street braces for “Liberation Day”—a.k.a. the tariffs Donald Trump has vowed to impose on “all countries” around the world—on Wednesday.

 

In tonight’s issue, my partner Abby Livingston has the 411 on the early, early shadow
race among the Democratic professional class—consultants, operatives, pollsters, etcetera—to align themselves with the candidates that are most likely to become clients in 2028.

 

But first, a few notes from Capitol Hill…

  • Liberation
    Day
    jitters: Donald Trump will hold a ceremony in the Rose Garden on Wednesday to announce exactly which countries and what products will get tariffed on “Liberation Day,” a looming economic shock that the president has been hyping like a cage match. Many of the details remain unclear, causing stock
    markets to swing wildly. But for Trump and his pro-tariff aides, led by top trade advisor Peter Navarro, it’s a moment of celebration. Trump is also hoping that tariff revenue can help pay for his massive tax cuts (even though tariffs have never, at least in modern times, been
    accounted for this way in Congress).

    Trump has scrambled the politics of the issue. Anti-tariff Republicans on the Hill—you know, those with traditional conservative economic beliefs—are extremely nervous about the potential impact on American consumers. Meanwhile, a faction of the Democratic Party does support tariffs to defend domestic jobs, at least when applied tactically. Overall, however, Republicans are mostly standing with the president, while Democrats are already blaming Trump
    for rising prices. (Senate Democratic leader Chuck Schumer said today on the floor that Trump was taking a “sledgehammer” to the economy.) If Republicans lower taxes for the wealthy by extending the 2017 Trump cuts, and prices on consumer goods subsequently increase, the combination would obviously be a potent political issue for Democrats heading into next year’s midterms.

A MESSAGE FROM OUR SPONSOR

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  • Election
    Night bellwethers
    : Both parties will be watching three elections on Tuesday to gauge the country’s mood: two special congressional elections in Florida and a state Supreme Court race in Wisconsin. Most noteworthy will be the fight in Florida’s 6th congressional district to replace Trump’s national security advisor, Mike Waltz. Democratic challenger Josh Weil had raised nearly $10 million as of March 12, compared to less than $1 million raised by
    Republican state senator Randy Fine. Money won’t be the determining factor, but it does matter—even in FL-06, which Trump won by 30 points. Fine is expected to prevail here, but Republicans are nervous about what the margin could portend for the midterms, especially if he wins by less than 10 points.

    Elsewhere in Florida, there’s the race to replace Rep. Matt Gaetz in one of the state’s most conservative districts. In November, Gaetz won by 32
    points over Democrat Gay Valimont, who is now running again against Republican Jimmy Patronis in what’s expected to be a much closer contest. Meanwhile, in Wisconsin, an astounding $70 million has been poured into the state Supreme Court race—$42 million of it by Democrats—according to the ad tracking firm AdImpact. Elon
    Musk
    and allied groups have contributed an additional $20 million in ground game, including paid canvassers.

    Republicans are downplaying these elections’ implications about the rest of the country’s attitude—they point out that their voter base is mostly low-propensity now, meaning they tend to vote only in presidential years (or when Trump is on the ballot). That spin notwithstanding, it could be a good day for Democrats and offer some buoyancy after a brutal few months.

  • A Biden postmortem: My old colleague Jonathan Allen at NBC News and Amie Parnes of The Hill have a new book out tomorrow about the 2024 presidential election called Fight. I got my hands on some particularly juicy parts. According to Allen and Parnes, then-House Speaker Nancy Pelosi told Biden that he should not debate Trump: “‘I know you can beat
    him,’ Pelosi said, playing to Biden’s ego before leaning in on the notion that he should not lower himself by sharing a camera frame with Trump. ‘You just can’t go onstage with him.’”

    After that disastrous debate performance, Pelosi, of course, launched a very public campaign to encourage Biden to drop out of the race. Fight also details how Pelosi thought Vice President Kamala Harris couldn’t beat Trump.

The ’28 Combine Begins

The ’28 Combine Begins

The early maneuvering of a dozen-plus Democrats to fill the party’s leadership void has
triggered an early frenzy among consultants and operatives scouting a generational talent pool… and a billion-dollar opportunity.

Abby Livingston Abby Livingston

Just two months into a new presidency and the 2028 race has already begun—at least in the
world of Democratic campaign consultants. The party is so desperate for visible figures who can challenge Donald Trump that up-and-comers are traveling the country like stand-up comedians, workshopping their material at town halls and in interviews. Acting like a presidential candidate this early would be considered amateurish, psychopathically ambitious behavior in any interregnum, but this is 2025. Power abhors a vacuum. Naturally, the Democratic professional class
has been monitoring every rally and podcast appearance like talent scouts at the NFL combine. 

After all, there is enormous financial upside for campaign consultants who attach themselves early to promising presidential candidates—these are billion-dollar enterprises that throw off tens of millions in fees. And, of course, there is tremendous social value. Everyone in Democratic politics has a Sorkin-ized fantasy of running a winning
campaign, with a chief of staff title as their reward. But, typically, the circle of consultants who actually get a shot at working a general election is tight.

A MESSAGE FROM OUR SPONSOR

Bayer
Bayer

The heartbeat of American agriculture can be heard at every farmer’s market and dinner table, spanning 880 million
acres, supported by over 2 million people, and contributing $1.5 trillion to our economy. 

 

Thousands of Bayer employees work alongside American farmers, providing access to innovations and support to implement them effectively. Bayer’s advanced breeding, crop protection, and digital technology tools are reshaping the future of farming, and we’re invested in every field, acre, and harvest. We share the
same purpose as American farmers: helping agriculture thrive so we can bring high-quality, abundant, and diverse food to millions. Learn more at Go.Bayer.com/Purpose.

 

This forthcoming cycle, however, appears to offer more opportunities for the Democratic consultant class than
at any time in a generation. There’s no obvious successor or heir apparent, and there are multiple competing visions for the party, endless potential aspirants, a new generation of talent entering the equation, and the sense—shared with me in multiple conversations with political operatives—that campaign structures are evolving at light speed. “Donald Trump has changed the rules not only for Republicans, but Democrats as well,” Democratic consultant Mary Anne Marsh told
me. “There are no rules.”

The Belle
of the Consultant Ball

At this primordial stage, there are easily two dozen candidates who could reasonably win
the Democratic nomination—and presumably, every one of them will need advisors. Intriguingly, according to campaign finance records, several firms have overlapping clients, and the party is engaged in a very early dance over which consultants end up with which contenders.

Take polling. Most of the big Democratic pollsters, including GBAO, GQR, and Hart Research, have worked with multiple promising candidates concurrently. But there are a few early belles of the consultant ball. One is
pollster Molly Murphy, whose Impact Research firm has worked with Michigan Gov. Gretchen Whitmer, Michigan Sen. Elissa Slotkin, former North Carolina Gov. Roy Cooper, and Minnesota Sen. Amy Klobuchar. 

 

Another is Global Strategy Group founding partner and president Jef Pollock, whose firm’s clients
include Illinois Gov. JB Pritzker, Pennsylvania Gov. Josh Shapiro, New Jersey congresswoman and gubernatorial hopeful Mikie Sherrill, and former congresswoman Abigail Spanberger, who is currently seeking the governor’s mansion in Virginia. Each of these firms may need conflict-of-interest firewalls within their companies or else have to pass on clients, which opens up opportunities for younger consultants to work on a
presidential campaign. “The third-tier candidates, they’re the ones that hire the young people, because everyone else is conflicted,” said a consultant.

 

But given that Democrats are simultaneously trying to scrape the rust off of the gerontocracy, there is no better moment to be a young, plugged-in consultant who understands the internet. Moreover, the candidates will be decades younger than Democrats’
recent standard-bearers, and may be inclined to hire their contemporaries. Predictably, more-senior Democratic consultants argue that the older hands are still relevant and, indeed, necessary. This is partly because the modern presidential campaign is so massive that an upstart firm may not be able to handle the necessary infrastructure; plus, an inexperienced candidate may want consultants who’ve operated at the general election level before. 

 

That presents challenges for a party attempting to overcome moribund habits and communications strategies. “It’s a whole sea change,” a longtime presidential campaign consultant told me. “Yes, there will probably be younger consultants, but I will say, at the same time, there will be some older folks coming back to the system, because we need to blend the best of the old and the new.”

The Leaderboard

As for the actual candidates, the first name to emerge in my conversations with professional Democrats is, of
course, Kamala Harris. My sense from almost every such discussion is that they believe she ran the best campaign possible under the circumstances—she had less than four months to do it, after all—but the emotional wounds of 2024 still sting, and there’s not a great deal of enthusiasm behind her at this point. Then there’s the top tier of Democrats who probably would have run in 2024 had Biden stepped out of consideration earlier in the cycle: Kentucky Gov. Andy
Beshear
, Maryland Gov. Wes Moore, California Gov. Gavin Newsom, JB Pritzker, Josh Shapiro, Georgia Sen. Raphael Warnock, and Gretchen Whitmer.

Bayer
Bayer

Further down the leaderboard are those Democrats whose profiles rose after Trump’s second
win: Arizona Sen. Ruben Gallego, California Rep. Ro Khanna, Connecticut Sen. Chris Murphy, Elissa Slotkin, and Minnesota Gov. (and Harris running mate) Tim Walz. All have, in various ways, tried to put a voice to the base’s anger, and woo independents amid a leadership vacuum.

 

For consultants and operatives looking further afield, there is also a class of Democrats who will almost certainly vault their way to the top tier, should they survive statewide bids over the next two years: Abigail Spanberger, the presumptive Democratic nominee in the 2025 Virginia gubernatorial race; Senator Jon Ossoff, who has a brutal general election ahead as he runs for a second term in Georgia; and Mikie Sherrill, who is facing a crowded Democratic
primary field in this year’s New Jersey gubernatorial race. Shapiro, who faces reelection in 2026, also falls into this category. 

 

From my recent conversations, there is limited appetite for candidates who’ve run before, but the two exceptions appear to be Pete Buttigieg, who now has the credibility of having run a Cabinet department, and possibly Klobuchar, who made a much-noticed
trip to Wisconsin to campaign for Susan Crawford in that state’s nationalized (and historically expensive) Supreme Court race this week. A.O.C. is being mentioned more than ever, but it’s anyone’s guess whether she’s gunning for a House committee chair position, Chuck Schumer’s 2028 Senate seat, or the White
House. 

 

Finally, there’s the ever-present Rahm Emanuel. For the Bluesky crowd, he’s the political equivalent of Nickelback, and he also generated some eyerolls when Politico’s Jonathan Martin reported that he was
“gearing up” to run for president. (A Democratic senator described him to my partner Leigh Ann Caldwell yesterday as “a giant in his own mind.”) 

 

But there is a very different conversation among the party’s professional class surrounding Emanuel. He’s a polarizing figure within the Democratic Party, but many, many consultants fondly remember his leadership of the D.C.C.C. in
2006, when Democrats picked up dozens of House seats in what then-president George W. Bush referred to as “a thumpin’” for Republicans. “I love the idea” of Emanuel at the helm of the party, a Democratic consultant told me, echoing several other conversations I’ve had. 

 

Others will be strategically awaiting the potential ascent of a candidate who’s not on anyone’s radar; most Democrats are openly entertaining the notion that a Beto-like candidate might emerge over the course of the midterms as a 2028 contender. With a start this early, it’s going to be a long cycle. 

 

Amid all this, plenty of Democratic consultants insist the most
important focus right now should be the midterms. “There are not going to be heavyweight [candidates] in there, but there are a lot of people who are positioned to win this,” a prominent Democratic consultant told me. “The temptation to jump ahead, given what we’re dealing with now, is there. You’re staring at a Ferrari, and you’re riding in an old Pinto, and you wish you could get into that Ferrari right now.”

The Varsity

A professional-grade rundown on the business of sports from John Ourand, the industry’s preeminent journalist, covering the
leagues, players, agencies, media deals, and the egos fueling it all.

Media’s Comms Crisis

Media’s Comms Crisis

DYLAN BYERS

Elon’s X Alchemy

Elon’s X Alchemy

WILLIAM D. COHAN

A.O.C. Parlor Games

A.O.C. Parlor Games

LEIGH ANN CALDWELL

Puck
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