U U.S. Presidential Election

U.S. President Joe Biden Could Could Drop Out Of Presidential Election

30 June, 2024
Joe Biden

Recent developments have sparked intense speculation about the possibility of President Joe Biden withdrawing from the 2024 presidential race. Following a widely criticized debate performance, the editorial board of the New York Times has publicly urged Biden to exit the race, suggesting it would be “the greatest public service” he could perform at this time.

https://twitter.com/C_Barraud/status/1807316678180515944
https://twitter.com/C_Barraud/status/1807317104288264236
https://twitter.com/C_Barraud/status/1807318060065321394

Speculation has gained traction on Sunday after NBC revealed that ” President Joe Biden is expected to discuss the future of his re-election campaign with family at Camp David on Sunday”. It comes after Bloomberg highlights “from Washington to Wall Street, in furious emails between donors and at press conferences in foreign capitals, many reached the same conclusion — that the only hope for Democrats, and others interested in staving off a return of former President Donald Trump, would be for Biden to go.”

In this context, the probability of Biden dropping out of presidential election rose, reaching 45% as of writting, according to Polymarket.

Source: Polymarket

The possibility of Biden stepping down opens up discussions about who could replace him as the Democratic nominee. Such a scenario would involve complex political maneuvers and significant changes within the Democratic campaign strategies according to CNN. For now, the Democratic Party remains in a state of uncertainty as it navigates this challenging political landscape.