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Home Forex News

Joe Biden drops out of 2024 US presidential race

by Tradinghow
July 21, 2024
in Forex News
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Joe Biden drops out of 2024 US presidential race
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Credit: Getty Images

US President Joe Biden said on Sunday night that he was ending his run to serve a second term as the country’s leader.

Biden made the announcement on social network X in a letter.

“It has been the greatest honour of my life to serve as your president,” Biden wrote in the letter.

“And 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.”

pic.twitter.com/RMIRvlSOYw

— Joe Biden (@JoeBiden) July 21, 2024

It’s unclear, at this stage, about who will become the Democratic Party’s presidential candidate. But experts are expecting Vice President Kamala Harris to be a frontrunner. Biden also endorsed Harris in a subsequent tweet on X.

Biden’s exit comes after he was widely criticised following a CNN debate with Republican presidential candidate, Donald Trump.

My fellow Democrats, I have decided not to accept the nomination and to focus all my energies on my duties as President for the remainder of my term. My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President. And it’s been the best… pic.twitter.com/x8DnvuImJV

— Joe Biden (@JoeBiden) July 21, 2024





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