Tuesday, October 7, 2025

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Biden Backs Out Of 2024 Presidential Election Race

Joe Biden has officially backed out of the 2024 United States presidential elections. He publicly released a statement on X declaring that he would no longer be seeking re-election in the best interest of the Democrats.

“It has been the greatest honor of my life to serve as your President. And 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 and to focus solely on fulfilling my duties as President for the remainder of my term,” reads the statement.

Biden is expected to speak to the country later this week to provide further details about his decision.


Information for this story was found via X and the sources mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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