(Finance) – “It has been the greatest honor of my life to serve as your president. And while it was my intention to seek reelection, I believe it is in the best interest of my party and the country for me to step down and focus solely on fulfilling my duties as president for the remainder of my term. 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 who worked so hard to see me reelected. I want to thank Vice President Kamala Harris for being an extraordinary partner in all of this work. And let me express my sincere appreciation to the American people for the faith and trust you have placed in me. Today, I believe what I have always believed: that there is nothing America cannot do, when we do it together. We just need to remember that we are the United States of America.” After three weeks of pressure from the party and donors Joe Biden announced his step back in a letter addressed to American citizens, posted on X and, shortly after, he expressed his Support for Kamala Harris. “My fellow Democrats, I have decided not to accept the nomination and to focus all my energies on my duties as president for the remainder of my term. My very first decision in 2020,” Biden said, “was to choose Kamala Harris as my running mate. And it was the best decision I ever made. Today, I want to offer my full support and endorsement for Kamala to be our party’s nominee this year. Democrats: It’s time to unite and beat Trump. Let’s do it.”
“I am honored to have the president’s endorsement and my intention is to earn and win this nomination. These are not normal times and this will not be a normal election. But this is our America. And I need you in this fight,” she said. Kamala Harris in one of her first fundraising messages. “I will earn the nomination and I will beat Trump,” Harris assured, already officially launching her presidential race. “I will do everything in my power to unite the Democratic Party and unite our nation to defeat Donald Trump and his extremist agenda. We have 107 days until the election, let’s unite and win!” The response was immediate with a boom in donations for the Democrats who raised in just a few hours $46.7 million.
One of the first and biggest issues to be resolved is who will be his deputy. Some Democratic donors have already started funding a process to evaluate possible number twos. The list of possible candidates would include the governors of Pennsylvania Josh Shapiro and Kentucky Andy Beshear. But there is also interest in the governors of North Carolina. Roy Cooper he was born in Michigan Gretchen Whitmer, but also on the Arizona senator Mark Kelly. Many Democrats dream of an all-female ticket with Harris and Whitmerothers instead fear that it is too risky because America might not be ready for a female president and vice president.
Biden will be remembered “as the worst president in the history of our country” and his vice president Kamala Harris “will be even easier to beat” he commented Donald Trump in a phone call to CNN, the American TV station most hostile to him. “Dishonest Joe Biden was not fit to run for president, and he is certainly not fit to serve and never was! He only got to the position of president through lies, fake news and without leaving his basement. Everyone around him, including his doctor and the media, knew he was not fit to be president, and he was not,” Trump continued on his social Truth, claiming that everyone knew from the beginning of the unfitness of the Dem leader to lead the country. The Republican Speaker of the House, Mike Johnson, instead loudly called for Biden’s immediate resignation from the presidency because “if he is not fit to run, then he is not fit to serve as president either.”
The pressure on the president had begun after his disastrous performance at the televised debate with Trump on June 27. Since then, there has been a crescendo of requests. From former House Speaker Nancy Pelosi to former President Barack Obama, through Congressional leaders Chuck Schumer and Hakeem Jeffries. A pressure that has become unsustainable as the days have passed. Covid, which then forced him into isolation in recent days, tearing him away from the electoral campaign, was the final blow, showing a fragile and weak president and reinforcing the idea that his chances of winning in November were now drastically reduced. If, despite the rumors, until Saturday the president had publicly announced that he was determined to continue running, during the isolation in Rehoboth Beach, in his beach house in Delaware, Biden reflected in his solitude until he communicated to his staff, on Sunday morning, the painful decision to withdraw.