Image: Screenshot/AP
In a letter published yesterday afternoon, President Biden announced his immediate withdrawal from the 2024 presidential race, saying he plans to “focus solely on fulfilling my duties as President for the remainder of my term.”
So… what happens now? Biden has accrued 80+% of all Democratic delegates over the past several months by winning primary elections across the country. These delegates would typically vote for Biden at the Democratic National Convention (DNC) next month.
However, Biden’s decision to step aside releases his delegates from their previous commitments, potentially sparking a competition among other Democratic presidential hopefuls.
What about the campaign funds Biden has already raised? The Biden-Harris campaign and allied Democratic committees had $240+ million in the bank at the end of May, though experts disagree on how readily Harris will be able to access those funds.
Looking ahead… The Democratic presidential candidate will be decided either through reviving the pre-1968 open convention process during the DNC (August 19–22), or in a virtual roll call vote planned for early August.
đź“Š Flash poll: In your opinion, who should replace Joe Biden as the Democratic presidential nominee in 2024?
🧑‍💼 John Deere recently joined a growing number of companies that have announced plans to eliminate some or all of their diversity, equity, and inclusion (DEI) initiatives.
On Saturday, at a rally in Butler, Pennsylvania, former President Donald Trump was the target of what the FBI described as an assassination attempt.
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