Biden drops out: Read the full text of the letter announcing his decision to end his reelection bid

President Biden deliver remarks in the Roosevelt Room of the White House on July 14.
President Biden delivers remarks in the Roosevelt Room of the White House on July 14. (Demetrius Freeman/The Washington Post via Getty Images)

President Biden announced Sunday that he is dropping his bid for reelection.

“I believe it is in the best interest of my party and the country for me to stand down,” Biden said in a letter posted to his official social media accounts.

The president added that he plans to address the nation later this week, but made clear that he intends to finish out the last three months of his term in office. In a follow-up post, Biden endorsed Vice President Kamala Harris for president.

The announcement comes amid mounting calls among Democrats for him to drop out of the race after his halting performance at last month’s presidential debate in Atlanta renewed concerns about his fitness for office.

Read Biden’s full letter below.

My Fellow Americans,

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 drug 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.

It has been the greatest honor of my life to serve as your President. And 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.

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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  • Timeline: Biden exit caps tumultuous three weeks in U.S. politics. “Here’s a summary of the milestone events in a roller coaster period in U.S. politics.” [The Guardian]

  • Biden's 2024 reelection bid meets its ultimate match: Time. “Yahoo News' analysis on the president's big decision, and how we got here.” [Yahoo News]

  • Political reactions to Biden's decision. “America is a better place today because President Joe Biden has led us with intellect, grace and dignity. We are forever grateful," House Minority Leader Hakeem Jeffries said. [Reuters]

  • Americans react to Biden's historic decision. “Finally a brave act from a politician." [USA Today]

  • Obama calls Biden 'patriot of the highest order' after Biden drops out of 2024 race. “Joe Biden has been one of America’s most consequential presidents, as well as a dear friend and partner to me. Today, we’ve also been reminded — again — that he’s a patriot of the highest order.” [Yahoo News]

  • House Republicans say Biden must resign after ending reelection campaign. “If Joe Biden can’t run for re-election, he is unable and unfit to serve as President of the United States. He must immediately resign,” House GOP Conference Chair Elise Stefanik said. [The Hill]

  • Now that Biden dropped out, what happens to his campaign funds?If Vice President Kamala Harris is the new nominee, will she get access to those funds? If one of the other rumored Democratic options gets picked, can they use that money?” [Yahoo News]

  • FAQ: How will Democrats pick a new presidential nominee? “What’s next for the Democratic Party as they hurtle toward a convention and the November election against Republican nominee Donald Trump?” [Yahoo News]

  • Until 1968, presidential candidates were picked by party conventions — a process revived by Biden’s withdrawal from race.The tradition of picking a nominee through primaries and caucuses – and not through what is called the ‘convention system’ – is relatively recent.” [The Conversation]

  • Who will replace Biden as the new Democratic nominee? “Here are some of the hypothetical Biden replacements being discussed — along with how they ranked among voters in a Yahoo News/YouGov poll conducted after the debate.” [Yahoo News]

  • Harris says she intends to ‘earn and win’ Democratic nomination. “I will do everything in my power to unite the Democratic Party—and unite our nation—to defeat Donald Trump and his extreme Project 2025 agenda. We have 107 days until Election Day. Together, we will fight. And together, we will win.” [Yahoo News]

  • Harris: What to know about her as she seeks to replace Biden as the Democratic nominee.A brief guide to her background, historic firsts and record as VP.” [Yahoo News]

  • Harris' 2020 campaign was a mess. If she ends up atop the ticket, this time could be a lot different. “Admirers say that Harris has grown in the job.” [NBC News]

  • Would America be ready for President Kamala Harris? “But from the start, there has been a hesitancy to fully embrace the country’s second-in-command, with some Democrats openly overlooking her.” [USA Today]

  • Democrats rally behind Kamala Harris in bid to avert divisive party convention. “Democratic donors who had pressured Biden to drop out of the race wasted no time in throwing their support behind Harris, the New York Times reported, quickly raising millions of dollars.” [Yahoo News]

  • Harris fans are sharing their support all over the internet. “Members of 'KHive' — a play on Beyoncé's 'Beyhive' fan club — are making fancams and memes of the vice president as she now seeks the Democratic nomination.” [Yahoo News]