What to know about Joe Biden withdrawing from the presidential race

Fortune
Fortune
  • 3 months ago
President Joe Biden has dropped out of the re-election race.

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Tech
Transcript
00:00Joe Biden just dropped out of the 2024 presidential election.
00:03Here's what's happening.
00:04The president posted a letter to his ex account
00:07writing that he believes it is in the best interest to drop out
00:10and focus solely on fulfilling his duties as president for the remainder of his term.
00:14He then endorsed Vice President Kamala Harris in a follow-up post.
00:18The New York Times reported that the Biden campaign has been quietly testing whether
00:22Harris would be a viable choice against Donald Trump in a survey of voters.
00:26Biden has been under pressure to withdraw from the race from powerful figures
00:30like BlackRock CEO Larry Fink, actor George Clooney, and heiress Abigail Disney,
00:35who said she and her family would withhold donations to Democrats until Biden is replaced.

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