All right, welcome back in here to live.
And now from Fox, we'll continue to unpack the latest
with this major breaking news.
President Biden, they're not seeking a re election saying, quote,
stand down.
He also threw his support behind Vice President Kamala Harris
as we are now just 107 days until the November
election.
For more on this, let's go out to Fox News
correspondent Rebecca Castor.
That gets us up to speed.
Hi, Denny is officially out of the 2024 race for
the White House.
It follows weeks of growing pressure from Democrats after his
shaky debate performance highlighted concerns over his age and mental
fitness.
The president shared the news on X, saying in part.
It has been the greatest honor of my life to
serve as your president, and while it has been my
intent to seek re election, I believe it is in
the best interest of my party and the country for
me to stand down and focus solely on fulfilling my
duties as president for the remainder of my term.
He said he would speak to the nation later this
week.
In the end, he decided on what Democrats are hoping
will be a graceful exit.
And with just about a month before the Democratic National
Convention in Chicago, he's not taking any chances on a
messy party fight.
Endorsing his vice president, Kamala Harris to take his place
as the Democratic nominee, saying she's the candidate with the
best chance to beat Donald Trump in the fall.
It also allows her access to Biden's $250 million war
chest without going through any lengthy legal proceedings that could
have held up her campaign.
Democrat leaders could move as early as next week to
officially make Harris the nominee through A to a roll
call before their convention, though it's not clear if there
are other contenders who might object.
Biden is the first incumbent president in more than 50
years not to run for re election, bringing an end
to 1/2 century of public service and opening the door
to a new generation of leadership in Washington, DC Rebecca
Castor, Fox News All right, thank you so much for
that, Rebecca.
And that kind of sounded like the obituary to his
political career as he stands down as he will not
seek a reelection bid as well.
So we're learning this, maybe the cascading of voices, the
amount of pressure from Democratic lawmakers or the polling numbers
that ultimately led to his decision.
And Joe Biden just posting that on social media, saying
he will speak in more detail to the American people
later on.
Of course, also throwing his support behind Vice President Kamala
Harris, saying on behalf of the American people, I think
Joe Biden for his extraordinary leadership as president and for
his decades of service to our country.
I am honored to have the president's endorsement and my
intention is to earn and win this nomination.
Alright, let's continue on here on Live NOW from Fox
to learn more about everything that happened within the last
two hours or so, because potentially that could have been
when the decision was made.