• Home
  • Categories
  • News
  • Community
EN
EN
Home
CategoriesNewsGlossaryCommunityAbout Us
Contact Us
Social Media
Region
🌏International
Region
🌏International

Copyright © 2023-2026 Traderknows Ltd. All rights reserved.

Contact
Home
/
News
/
Biden confirmed his exit from the presidential race. VP Harris will continue the campaign.

Biden confirmed his exit from the presidential race. VP Harris will continue the campaign.

TraderKnowsTraderKnows
2024-07-22
Summary:This Sunday, the current U.S. President Biden officially announced that he will not run for re-election and will instead support Vice President Harris in her presidential bid against Trump.

U.S. President Joe Biden announced on Sunday that he will not seek re-election. Under increasing pressure from his party members, he is backing Vice President Kamala Harris to be the Democratic candidate to face off against Republican Donald Trump in the November election.

At 81, Biden is the oldest president in U.S. history. He stated he will continue to fulfill his presidential duties until his term ends on January 20, 2025, and he will address the nation this week.

Biden has not made any public appearances since testing positive for COVID-19 last week, and he is currently isolating at his home in Rehoboth Beach, Delaware.

“While I originally intended to seek re-election, I believe it is in the best interest of my party and the country for me to step aside and focus on completing my remaining term responsibilities,” Biden wrote on X.

This decision significantly reshapes the landscape of the presidential race, which has seen several major shifts over the past month. On June 27, Biden's poor performance in a debate prompted his party members to urge him to withdraw. Subsequently, on July 13, a gunman attempted to assassinate 78-year-old former President Trump. Last week, Trump announced his choice of 39-year-old hardline Republican Senator J.D. Vance as his vice-presidential running mate.

Polls show that Americans are generally dissatisfied with a rematch between Biden and Trump. Shortly after Biden's announcement, Trump told CNN, “Harris will be easier to beat than Biden.”

SKYPE TU

公众号2

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End
Previous
Next
Comments
0/1000
TraderKnows
Written byTraderKnows
Created date:2024-07-22 01:53
Last Updated:2024-07-22 05:58
Independent Analysis: Manually researched and fact-checked by the TraderKnows Compliance Team, based on public regulatory records.
Wiki
Macroeconomics

Macroeconomics is the study of the overall economic activities of a country or region, focusing on the aggregate behavior and performance of the economy.

Organization

Active

TraderKnowsTraderKnows
Recent Post

Trump Invokes Defense Production Act with 850 Million USD for Coal Power to Meet AI Demand

5 hours ago

NY Fed Index Shows High Supply Chain Pressures as Geopolitical Conflicts Raise Global Inflation Con…

5 hours ago

Japan's Real Wages Rise for Fourth Consecutive Month, Fueling June BOJ Rate Hike Bets

5 hours ago

China Flexible Employment Exceeds 300 Million as Blue-Collar Wage Growth Outpaces White-Collar for…

5 hours ago

South Korean Stocks Post Steepest Weekly Drop Since March as Tech Valuations Reset

5 hours ago

China Commercial Paper Rates Drop in Early June Amid Rising Bank Demand

5 hours ago

UK House Prices Unexpectedly Fall in May as Geopolitical Tensions Push Up Borrowing Costs

5 hours ago

Massive Intervention Fails to Save Yen as Short Positions Surge Near Historic Lows

5 hours ago

AI Momentum Pauses as Broadcom Outlook Misses High Expectations; Markets Await Payrolls

5 hours ago

SpaceX Launches 75B USD IPO Roadshow as Access Blocked in Mainland China and Hong Kong

5 hours ago

Global Gold ETFs See $2 Billion Outflows in May as Capital Pivots to Tech Assets

5 hours ago

Nikkei Drops Over 1% on Tech Sector Pullback While Real Wage Growth Provides Support

5 hours ago

South Korea Lifts Mandatory Reporting for Crypto Transfers Over 10M Won

5 hours ago

Amundi Says Asian AI Stocks Supported by Fundamentals as Fed Path Poses Key Risk

5 hours ago

Taiwan Stocks Close 1.33% Lower on Broadcom Drop But Hold Key Technical Support

5 hours ago

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.