Joe Biden Passes the Torch to a New Generation

President Joe Biden announced he will not seek reelection in 2024, emphasizing the need for a new generation of leadership. During an Oval Office address, he mentioned that the decision was driven by internal polling and his love for the country. Biden will focus on his job for the remaining six months.

President Joe Biden announced on Wednesday that he is "passing the torch to a new generation" by stepping out of the 2024 presidential race. The announcement came during an Oval Office address, marking the first time Biden spoke to Americans about his sudden decision to leave the race.

Biden, 81, faced weeks of pressure from Democrats to step aside after a poor debate performance on June 27. Only "the Lord Almighty" could convince him to go, Biden had said, but he ultimately decided that passing the torch was the best way to unite the nation.

After days of soul-searching and reviewing internal polling that indicated he could lose to Republican Donald Trump, Biden revealed his decision. He emphasized that in America, the people rule, not kings or dictators, and the idea of America lies in the people's hands. This marks Biden's first major public address since he announced his decision not to seek reelection via social media on Sunday.

Biden, the first incumbent president not to seek reelection since Lyndon Johnson in 1968, joins the ranks of presidents who chose not to stand for a second elected term. Despite calls for him to step down due to mental acuity concerns, Democrats have rallied around Biden, honoring his character and record as president.

Although the White House has denied any cognitive issues, Biden will focus on his duties for the remaining six months of his term. He plans to meet with Israeli Prime Minister Benjamin Netanyahu on Thursday to discuss a Gaza ceasefire. Biden's political career began in 1972 when he became one of the youngest U.S. senators at age 29 and will end with him as the oldest American president at age 82 on Jan. 20, 2025.

Biden reaffirmed his commitment to democracy, stating that the task of perfecting the Union is about the people, not individual titles or positions. "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.'"

(With inputs from agencies.)