I'd rather he'd do the former than the latter. "Monitoring the situation" may be a meme, but as far as I can see, that's exactly what he's doing. If he waits until election to do something about this, then that proves that he only does this presidency for himself or to stick it to the Democrats, not the betterment of America long term.
If he does something before the election, it's likely they will attempt a soft coup with the entire might of MSM behind them. Which means he might lose the election. If he loses the election, Hillaryemails, Obamagate, Russiagate, disappear. There is no corruption and never was. The MSM will do a 180 so fast it'll give you whiplash from "brink of civil war" to Biden will be "The doddering Grandpa" beloved by the media. Sure there will be new foreign wars, drone bombings and some more secret prison torture scandals but Biden is just too senile so its not his fault guys! Sure the economy seems to be doing badly and most people in America are now below the poverty line, but we beat fascism! Yaaay. Now bend over for your ID 2020 injection.