In a statement on Sunday, Biden said it is his intention to seek reelection as president, but his decision to quit the race is in the interest of the Democratic Party and the country.
Some Americans and top democrats had raised concerns over Biden’s health following his botched presidential debate with Donald Trump, Republican Party nominee.
“For now, let me express my deepest gratitude to all those who have worked so hard to see me reelected. I want to thank Vice President Kamala Harris for being an extraordinary partner in all this work. And let me express my heartfelt appreciation to the American people for the faith and trust you have placed in me.
“I believe today what I always have: that there is nothing America can’t do when we do it together. We just have to remember we are the United States of America.”
Biden’s exit came after he received bleak warnings from Senate Majority Leader Chuck Schumer and Democratic House Leader Hakeem Jeffries that his candidacy could lead to massive losses for Democrats in the Senate and House.
More than 30 congressional Democrats called for Biden to bow out, and former President Barack Obama reportedly relayed similar fears to Democratic allies about Biden’s prospects of beating Trump. Democratic donors from Hollywood to Wall Street also came out against Biden continuing his reelection bid.
The decision upends the 2024 election less than 110 days before Election Day, with Democratic National Committee members now tasked with choosing an alternative nominee to take on Trump, whose polling lead has swelled while Democrats have fought internally.
Vice President Harris is now the frontrunner to replace Biden as the Democratic nominee, but the party’s bench of Democratic governors could also be in the mix including Gretchen Whitmer of Michigan, Josh Shapiro of Pennsylvania and Gavin Newsom of California.
Biden becomes the first incumbent president not to seek reelection since Lyndon B. Johnson who, in 1968 amid national unrest and turmoil within the Democratic Party over the Vietnam War, stunned the nation with his decision not to seek a second full term