Final hours! Save up to 55% OFF InvestingProCLAIM SALE

Biden announces on X he's staying in the election race

Published 2024-07-08, 09:40 a/m
© Reuters

U.S. President Joe Biden announced on Monday that he is staying in the race for the 2024 election.

In a letter he sent to fellow Democrats, which he posted on X.com, Biden said he remains “firmly committed to staying in this race, to running this race to the end, and to beating Donald Trump.”

The current president highlighted extensive conversations with party leadership, elected officials, and voters, acknowledging their fears and concerns.

"I am not blind to them. Believe me, I know better than anyone the responsibility and the burden the nominee of our party carries."

However, Biden claims that he still has what it takes to lead the nation once again.

"I wouldn't be running again if I did not absolutely believe I was the best person to beat Donald Trump in 2024," he asserted.

Reflecting on the Democratic nomination process, Biden noted the overwhelming support he received, with over 14 million votes and 87% of the votes cast across the entire nominating process.

"The voters of the Democratic Party have voted. They have chosen me to be the nominee of the party," he stated.

Biden outlined his administration's successes, citing the creation of over 15 million jobs, efforts to revitalize American manufacturing, and significant strides in healthcare, infrastructure, and combating climate change.

"We have an economic vision to run on that soundly beats Trump and the MAGA Republicans," he added.

In his letter, Biden also addressed the policies of Trump and the MAGA Republicans, criticizing their economic plans and social policies.

"We are finally going to make the rich and big corporations pay their fair share of taxes in this country," he vowed.

"After January 6th, Trump has proven that he is unfit to ever hold the office of President. We can never allow him anywhere near that office again. And we never will," Biden wrote.

He called for unity within the Democratic Party, urging his fellow Democrats to come together and defeat Donald Trump.

With 42 days to the Democratic Convention and 119 days to the general election, Biden said now is the time to “come together, move forward as a unified party and defeat Donald Trump.”

This week will be key for Biden's political future as he tries to mitigate the growing fallout with the House and Senate back in session for the first time since the debate. Several top House Democrats have urged Minority Leader Hakeem Jeffries to convince Biden to step aside, expressing concerns about the impact on down-ballot Democratic races.

Citing one campaign official, CNN reported that the president will continue his outreach to Democratic lawmakers this week. Tuesday is expected to be particularly significant, with members set to hold a planned caucus meeting with Jeffries. One member told CNN they anticipate this meeting could be the turning point.

Congress returns to Washington on Tuesday for the first time since the June 27 debate, which sparked widespread concerns about Biden’s ability to secure a Democratic victory in November and serve another four years in office.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.