Joe Biden Drops out of 2024 Presidential Race

The Democratic nomination is now open.

Joe Biden has dropped out of the 2024 presidential race. The POTUS' decision comes amid widespread doubts about his ability to defeat GOP nominee Donald Trump, as well as his ability to serve four more years in office if he was to win.

In a written statement shared on Sunday, Biden says he believes it is in the "best interest" of the Democratic party and the United States that he not continue to seek reelection. He endorsed his Vice President, Kamala Harris, as the replacement nominee for the Democratic nomination. He does plan to serve the remainder of his term, which runs through Jan. 20, 2025.

Head over to CBS News for full continuing coverage around Joe Biden's decision and the 2024 presidential election.