Read up on corporatism. It describes the overlap of moderate Democratic and moderate Republican ideology pretty well.

It is a shortening of “corporate fascism”, and is the idea that the government exists to protect the economy, which is best done by strengthening existing power structures that power the current economic system.

Therefore the government should defer to corporations whenever possible.

It's also showing up in presidential campaign. Biden is known corporate Democrat. He is still leading in the polls, but losing it. The recent Ukraine revelations also didn't help and looks like Warren is taking over. Out of nowhere 3 new "moderate" candidates appeared, and also Harris got a large donation.