Ray McGuire’s Political Moment Has Arrived With Early Harris Bet

Ray McGuire has dipped his toes into political arenas for more than a decade.

He was floated as deputy Treasury secretary to Jack Lew under President Barack Obama. He was a finalist to become president of the influential Federal Reserve Bank of New York in 2018. In his run for New York City mayor three years later, he lacked widespread support like the eventual winner, Eric Adams, who is now facing federal bribery and fraud charges.

But with the way things have shaken out in the unpredictable and unprecedented 2024 election, the 67-year-old president of Lazard Inc. is ...