Biden to Step Aside as Democratic Nominee

President Announces Decision on Sunday

Longtime Politician Retires from Race

President Joe Biden has announced he is stepping down from the 2024 presidential race. Biden made the announcement on Sunday, saying in a statement that he believes it is time for a new generation of leadership to take over.

Biden's decision comes after months of speculation about his future. The president has been facing increasing pressure from within his own party to step aside, with many Democrats believing that he is too old and out of touch to lead the country.

In his statement, Biden said that he is "proud of the progress we have made together" over the past four years. He also thanked his supporters for their "tireless efforts" on his behalf.

Biden's decision is a major turning point in the 2024 presidential race. It is still unclear who will replace him as the Democratic nominee, but the field is now wide open.