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Joe Biden drops out of US presidential race, replaced by Kamala Harris

Joe Biden drops out of US presidential race, replaced by Kamala Harris

Cryptopolitan2024/07/21 20:58
By:By Jai Hamid

Share link:In this post: President Joe Biden announced he’s dropping out of the 2024 presidential race and endorsing Kamala Harris as his replacement. Biden believes stepping down is best for the country and will detail his decision in a speech later this week.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified

President Joe Biden has finally done what the Democrats have been begging him to do for weeks now. He has decided to bow out of the Presidential race and endorse Kamala Harris as his replacement, changing Donald Trump’s opponent, and by extension, probably the Republicans’ odds. Biden said:

“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 decision I’ve made. Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year.”

Though the reasons are entirely too obvious, Biden still laid them out in his letter. He opened the letter by reiterating that America is the strongest economy in the world.

Joe Biden drops out of US presidential race, replaced by Kamala Harris image 0 Vice President Kamala Harris

He praised his efforts like lowering prescription drug costs, expanding healthcare, and caring for veterans. And then also the passing of the first gun safety law in three decades and appointing the first African American woman to the Supreme Court.

Biden’s been busy. He’s passed major climate legislation and talked about how America is now a leader on the global stage. He made sure to thank the American people, saying: 

“Together, we overcame a once-in-a-century pandemic and the worst economic crisis since the Great Depression.”

But despite these achievements, Biden believes it’s time to step aside. He wrote that: 

“While it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down.”

Biden didn’t forget to express his gratitude. He thanked Kamala for her partnership and the American people for their support. “It has been the greatest honor of my life to serve as your President,” he said.

Biden ended his letter on a hopeful note, saying, “There is nothing America can’t do – when we do it together.” The president plans to address the nation later this week to talk more about his decision.

Joe Biden drops out of US presidential race, replaced by Kamala Harris image 1 Donald Trump. Credits: The Trump Campaign

For now, he’s focused on wrapping up his term and continuing to serve the country in his remaining time in office. The Democrats haven’t given their two cents on the matter yet.

It remains to be seen what they do and whether the polls move away from Trump a bit or not. Trump, though, reacted to the news by saying, “It will be even easier to beat Kamala Harris.”

See Biden’s full letter below:

Joe Biden drops out of US presidential race, replaced by Kamala Harris image 2

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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