In an Oval Office address, marking the end of over 50 years in politics, president Joe Biden announced on Wednesday that he is “passing the torch to a new generation,” explaining his unexpected decision to withdraw from the 2024 presidential race. “I revere this office,” Biden stated. “But I love my country more.”
Despite weeks of pressure from Democrats to step aside after a poor debate performance on June 27, Biden, 81, had initially resisted, saying only the “Lord Almighty” could convince him to leave.
“I have decided the best way forward is to pass the torch to a new generation. That is the best way to unite our nation,” Biden declared.
After days of internal reflection and considering polling data predicting a potential loss to Republican Donald Trump in November, Biden made his decision, concerned about the impact on fellow Democrats.
“The great thing about America is here, kings and dictators do not rule. The people do. History is in your hands. The power is in your hands. The idea of America – lies in your hands.”
This address will be Biden’s first extended public statement since announcing his decision not to seek reelection via social media on Sunday.
Biden becomes the first sitting president since 1968, when Lyndon Johnson withdrew amid criticism over the Vietnam War, to choose not to run for reelection. He joins a short list of presidents, including James K. Polk, James Buchanan, Rutherford B. Hayes, Calvin Coolidge, and Harry Truman, who also did not seek a second term.
Calls for Biden to step aside followed a difficult debate performance that raised questions about his mental sharpness. Despite these concerns, Democrats have since rallied around him, praising his character and presidential record.
Biden pledged to focus on his presidential duties over his remaining six months in office, including a meeting with Israeli Prime Minister Benjamin Netanyahu on Thursday to discuss a Gaza ceasefire.
This will be Biden’s fourth Oval Office address since taking office in 2021. His last was on July 15, when he called for a reduction in political rhetoric following an attempted assassination of Trump.
Biden’s political career began with his election to the Senate in 1972 at age 29, making him one of the youngest U.S. senators. He will end his presidency on January 20, 2025, as the oldest American president, having turned 82.
“The defense of democracy is more important than any title,” Biden said. “I draw strength, and find joy, in working for the American people. But this sacred task of perfecting our Union is not about me. It’s about you. Your families. Your futures. It’s about ‘We the People.’”
