Updated On: 21 July, 2024 11:35 PM IST | Washington | mid-day online correspondent
Joe Biden expressed sincere thanks, saying that serving as President was the greatest honour of his life. He stated that, while he had planned to run for re-election, he believes it is in the best interests of his party and the country to step down and focus on his obligations for the duration of his tenure.

Joe Biden. Pic/AFP
In an unexpected announcement, USA President Joe Biden stated that he would not seek re-election. He emphasised the considerable progress made during his time, stating that America has the world`s strongest economy.
Over the last three and a half years, he said, the government has made significant investments in rebuilding the country, lowering prescription medication costs for seniors, and providing affordable healthcare to an unprecedented number of Americans. Joe Biden also mentioned the provision of critical care to a million veterans who had been exposed to harmful substances, as well as the passage of the first gun safety legislation in 30 years. He also welcomed the nomination of the first African American woman to the Supreme Court and the passage of the most significant climate legislation in history.