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President Joe Biden dropped out of the 2024 race for the White House on Sunday, ending his bid for reelection following a disastrous debate with Donald Trump that raised doubts about his fitness for office just four months before the election.

This big decision comes after escalating pressure from Biden’s Democratic allies to step aside following the June 27 debate, in which the 81-year-old president trailed off, often gave nonsensical answers and failed to call out the former president’s many falsehoods.

Trump’s campaign has immediately started fundraising off Biden’s announcement, sending a note to supporters that said “he just quit the race in COMPLETE DISGRACE!”

Here's Biden's statement on Harris in full, which he posted on X moments ago:

"My fellow Democrats, I have decided not to accept the nomination and to focus all my energies on my duties as President for the remainder of my term.

My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President.

And it’s been the best decision I’ve made.

Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year. Democrats — it’s time to come together and beat Trump.

Let’s do this."

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