In a heartfelt letter addressed to the American people, President Joseph R. Biden Jr. announced today that he will not be seeking reelection in the upcoming presidential election.

Reflecting on the accomplishments of his administration over the past three and a half years, President Biden highlighted significant strides in economic recovery, healthcare, and legislative achievements. “Today, America has the strongest economy in the world,” Biden wrote, citing investments in national rebuilding, lowering prescription drug costs, expanding affordable healthcare, and providing care to veterans exposed to toxic substances. The President also noted the historic appointment of the first African American woman to the Supreme Court and the passage of substantial climate legislation.

Expressing his gratitude to the American people, President Biden acknowledged the collective effort that led to overcoming significant challenges, including the COVID-19 pandemic and severe economic crises. “Together, we overcame a once-in-a-century pandemic and the worst economic crisis since the Great Depression,” he stated.

Despite his initial intentions to run for another term, Biden emphasized that stepping down is in the best interest of the nation and his party. “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,” he explained.

The President expressed his deep appreciation for Vice President Kamala Harris and all those who have supported his administration. He pledged to provide more details about his decision in an address to the nation later this week.

Concluding his letter, Biden reiterated his belief in the resilience and unity of the American people: “There is nothing America can’t do – when we do it together. We just have to remember we are the United States of America.”

This announcement marks a significant moment in American politics as the Democratic Party looks ahead to selecting its next candidate for the presidency.