by Nicole Spector
NASDAQ
In a post on X, formerly known as Twitter, President Joe Biden announced on July 21, that he has dropped out of the 2024 Presidential race.
“While it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for the remainder of my term,” Biden wrote. “I will speak to the Nation later this week in more detail about my decision.”
[…] Democrats have been rallying for Biden to drop out since his disastrous performance in his first 2024 debate with former President and 2024 Republican nominee Donald Trump. Now that it’s actually happened, you may be wondering how the change could impact your wallet.