President Joe Biden announced that he will not seek re-election in 2024, ending his campaign less than 4 months before the election.
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00:00It's Benzinga, and here's what's on the block.
00:03President Joe Biden announced that he will not seek re-election in 2024, ending his campaign
00:07less than four months before the election.
00:10He cited that it was in the best interest of his party and country.
00:14Biden endorsed Vice President Kamala Harris to replace him as the Democratic presidential
00:17nominee.
00:18Biden faced increasing pressure from within his own party over concerns about his age
00:22and electability against Donald Trump in the general election.
00:26Biden's decision is unprecedented for a sitting president to drop out of the race so close
00:30to the election date in November.
00:32For all things money, visit Benzinga.com.