Last spring, at a fundraiser for Sen. Jon Ossoff in New York City, the telegenic Georgia Democrat was asked by one of the 40 deep-pocketed donors in the room if Chuck Schumer would still be Senate leader after the midterms. Ossoff evaded the question, according to a person who attended the event—but it was an early sign that Democratic donors were dissatisfied with party leadership. A year later, the dissatisfaction is perhaps even more palpable. In the past week, I’ve had conversations with more than half a dozen donors and fundraisers, all of whom spoke to the deep and abiding ambivalence surrounding the party’s leadership.