READ IT: Biden drops out of 2024 race with letter

'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,' Biden wrote

Biden dropping out of 2024 race is a 'tectonic shift in politics': Bret Baier

Fox News Chief Political Anchor Bret Baier on the announcement that President Biden is dropping out of the 2024 presidential race.

President Biden dropped out of the 2024 presidential race on Sunday with a letter. You can read the full letter below:

My Fellow Americans,

Over the past three and a half years, we have made great progress as a Nation. Today, America has the strongest economy in the world. We've made historic investments in rebuilding our Nation, in lowering prescription drug costs for seniors, and in expanding affordable health care to a record number of Americans. We've provided critically needed care to a million veterans exposed to toxic substances. Passed the first gun safety law in 30 years. Appointed the first African American woman to the Supreme Court. And passed the most significant climate legislation in the history of the world. America has never been better positioned to lead than we are today.

I know none of this could have been done without you, the American people. Together, we overcame a once in a century pandemic and the worst economic crisis since the Great Depression. We've protected and preserved our Democracy. And we've revitalized and strengthened our alliances around the world.

WHAT COMES NEXT AFTER FOR DEMOCRATS AFTER BIDEN'S CAMPAIGN SUSPENSION?

Biden drops out of race

President Biden dropped out of the 2024 race on Sunday. (Joe Biden/X)

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.

FROM DEBATE CATASTROPHE TO STANDING DOWN: BIDEN’S ROAD TO THE EXIT

I will speak to the Nation later this week in more detail about my decision. For now, let me express my deepest gratitude to all those who have worked so hard to see me
reelected. I want to thank Vice President Kamala Harris for being an extraordinary partner in all this work. And let me express my heartfelt appreciation to the American people for the faith and trust you have placed in me.

I believe today what I always have: that there is nothing America can't do - when we do it together. We just have to remember we are the United States of America.

This article was written by Fox News staff.

Authored by Fox News Staff via FoxNews July 21st 2024