### President Joe Biden resigns from the presidential race
President Joe Biden shocked the nation on Sunday with his unexpected decision to drop out of the presidential race. The move came after increasing pressure from Democratic leaders and donors who felt it was time for Biden to step aside.
In a heartfelt letter posted on Sunday, Biden expressed his gratitude for the opportunity to serve as President and stated that he believed stepping down was in the best interest of the party and the country. He also praised Vice President Kamala Harris as an extraordinary partner.
The decision to withdraw from the race follows a tumultuous few weeks for Biden, starting with a lackluster debate performance against Republican nominee Donald Trump. Concerns about Biden’s age and physical condition were already swirling around the election, and his performance in the debate only heightened these worries.
Following the debate, calls for Biden’s resignation grew louder, with prominent donors and party officials openly discussing the possibility of replacing him before the Democratic National Convention. Silicon Valley donors, in particular, expressed doubts about continuing to support Biden’s campaign.
The pressure on Biden mounted as key Democratic allies raised concerns about his viability as a candidate moving forward. Party leaders like Nancy Pelosi and Jim Clyburn openly questioned Biden’s fitness for office, while others, including senators Sherrod Brown and Martin Heinrich, called for him to step down.
With Biden’s exit from the race, the Democratic Party now faces the challenge of selecting a new candidate to lead the ticket. Vice President Kamala Harris is seen as a potential successor, with control over the substantial campaign funds raised by the Biden campaign.
As the nation processes this unexpected development, one thing is clear: the political landscape has shifted dramatically, setting the stage for a new chapter in American politics. Stay tuned for further updates on this developing story.
**Sources:**
– [CNBC](https://www.cnbc.com/2024/07/03/kamala-harris-allies-strategize-in-case-biden-drops-out.html)
– [Politico](https://www.politico.com/news/2024/07/19/pelosi-support-open-nomination-biden-drop-out-00169893)
– [New York Times](https://www.nytimes.com/2024/06/29/us/politics/biden-donors-democrats.html)
– [ABC News](https://abcnews.go.com/Politics/democrats-who-have-called-on-joe-biden-step-down/story?id=111854551)
– [CNN](https://edition.cnn.com/2024/07/17/politics/nancy-pelosi-biden-conversation/index.html)
