What to know about Joe Biden withdrawing from the presidential race

President Joe Biden has dropped out of the re-election race.

Transcript

00:00Joe Biden just dropped out of the 2024 presidential election.

00:03Here's what's happening.

00:04The president posted a letter to his ex account

00:07writing that he believes it is in the best interest to drop out

00:10and focus solely on fulfilling his duties as president for the remainder of his term.

00:14He then endorsed Vice President Kamala Harris in a follow-up post.

00:18The New York Times reported that the Biden campaign has been quietly testing whether

00:22Harris would be a viable choice against Donald Trump in a survey of voters.

00:26Biden has been under pressure to withdraw from the race from powerful figures

00:30like BlackRock CEO Larry Fink, actor George Clooney, and heiress Abigail Disney,

00:35who said she and her family would withhold donations to Democrats until Biden is replaced.