BREAKING: Joe Biden explains reason for withdrawal from US presidential election [FULL TEXT]

The announcement of President Joe Biden’s withdrawal from the US presidential race in November has been made.

Kamala Harris has received the endorsement of President Joe Biden as his party’s favoured presidential candidate.

Biden made the announcement on his official X page on Sunday, not long after withdrawing from the US presidential race in November.

He had stated that it would be better for his party and the nation if he stepped aside and spent the balance of his tenure concentrating just on carrying out his presidential duties.

“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 as the party nominee in 2020 was to pick Kamala Harris as my Vice President. And it’s been the best decision I’ve made.

“Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year. Democrats—it’s time to come together and beat Trump. Let’s do this,” he added.

The 46th President of the United States, Joe Biden, has stated that his decision to withdraw from the presidential election scheduled for November 4 is best for his party and his nation.

He stated that for the duration of his term, he will only concentrate on carrying out his responsibilities as president.

According to ZINGTIE, Biden declared on Sunday that he was stepping down from the run for a second term in the next election.

He said: “It has been the greatest honor of my life to serve as your President. While I have intended to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and focus solely on fulfilling my duties as President for the remainder of my term.”

His decision to resign as the Democratic Party nominee to challenge outgoing President Donald Trump coincides with increased pressure from Democrats, including as Nancy Pelosi, the former Speaker of the House of Representatives.

Read Joe Biden Full speech as he step down from Presidential race:

Over the past three and a half years, we have made great progress as a Nation.

Today, America has the strongest economy in the world. We’ve made historic investments in rebuilding our Nation, in lowering prescription costs for seniors, and in expanding affordable health care to a record number of Americans.

We’ve provided critically needed care to a million veterans exposed to toxic substances. Passed the first gun safety law in 30 years.

Appointed the first African American woman to the Supreme Court. And passed the most significant climate legislation in the history of the world. America has never been better positioned to lead than we are today.

I know none of this could have been done without you, the American people. Together, we overcame a once-in-a-century pandemic and the worst economic crisis since the Great Depression. We’ve protected and preserved our Democracy. And we’ve revitalized and strengthened our alliances around the world.

I will speak to the Nation later this week in more detail about my decision.

It has been the greatest honor of my life to serve as your President. While I have intended to seek reelection, I believe it is in the best interest of my party and the country for me to stand 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 those who have worked so hard to see me reelected. I want to thank Vice President Kamala Harris for being an extraordinary partner in all this work. And let me express my heartfelt appreciation to the American people for the faith and trust you have placed in me.

I believe today what I always have: that there is nothing America can’t do―when we do it together. We just have to remember we are the United States of America.

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