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President Joe Biden decided to withdraw from 2024 presidential race.
He posted the statement on his social media around 1 p.m. Sunday.
“While it has been my intention to seek re-election, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as president for the remainder of my term.”
He said he would address the nation later this week to speak in detail about his decision.
Biden endorsed Vice President Kamala Harris to be the Democratic presidential nominee, as did Rep. James Clyburn, D-S.C., who is a key member of the Congressional Black Caucus, and a growing number of lawmakers.
‘It is unexpected and historic but when you kind of see how things have been going since that first debate and how the polling has unfolded since that time, it is not entirely surprising that a change was going to come,” said Democratic strategist Ed Espinoza and added “Joe Biden ran and beat Trump four years ago and the circumstances are different now. He had a bad debate, COVID wasn’t helping, and the poll numbers shifted. Joe Biden is an example of putting country over party.”
ActBlue, the leading Democratic online donation processor, said that as of 9 p.m. ET, $46.7 million has been raised through the platform since Biden announced he’s dropping out.
“This has been the biggest fundraising day of the 2024 cycle. Small-dollar donors are fired up and ready to take on this election.”
With no presumptive nominee, the Democratic nomination is in the hands of the delegates. And a handful of convention delegations in states like Tennessee, New Hampshire, Louisiana, Florida, South Carolina and North Carolina are announcing their support for Harris.
While the exact whip count of delegates backing Harris isn’t clear at this point, there seems to be a fast move inside the party to coalesce around her.