• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
U.S. Vice President Kamala Harris attends an infrastructure event addressing high speed internet in the Eisenhower Executive Office Building's South Court Auditorium at the White House in Washington, U.S., June 3, 2021. REUTERS/Evelyn Hockstein/File Photo
U.S. Vice President Kamala Harris attends an infrastructure event addressing high speed internet in the Eisenhower Executive Office Building's South Court Auditorium at the White House in Washington, U.S., June 3, 2021. REUTERS/Evelyn Hockstein/File Photo
US Vice President Kamala Harris and Ukrainian President Volodymyr Zelensky (not pictured) give a joint press conference at the Munich Security Conference (MSC) in Munich, southern Germany February 17, 2024. TOBIAS SCHWARZ/Pool via REUTERS/File Photo
US Vice President Kamala Harris and Ukrainian President Volodymyr Zelensky (not pictured) give a joint press conference at the Munich Security Conference (MSC) in Munich, southern Germany February 17, 2024. TOBIAS SCHWARZ/Pool via REUTERS/File Photo
Home
World
United States

Backed by Biden, Harris moves to lock up White House bid

July 22nd, 2024 | 04:33 AM WORLD United States 6

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Trump the builder carves his legacy in stone as pressures mount
Washington Dulles airport gains approval for $19.9 billion overhaul
IndyCar race comes to Washington, tracing a city reshaped by Trump
Trump put thousands of soldiers on Washington’s streets. They seldom stop crime  
By Nandita Bose, Jarrett Renshaw, Jeff Mason

Vice President Kamala Harris wasted no time launching her 2024 presidential campaign, seeking the support of fellow Democrats with the backing of President Joe Biden after he pulled out of the race amid concerns about his age and health.

Her campaign officials and allies made hundreds of calls on behalf of Harris on Sunday, urging delegates to the Democratic Party convention next month to join in nominating her for president in the Nov. 5 election against Republican Donald Trump.

Multiple sources said the calls, aimed at blocking would-be Democratic challengers, began almost immediately after the 81-year-old Biden abandoned the race.

At the same time, Democratic state party chairs backed Harris in a phone call, several participants said.

Harris spoke with Pennsylvania Governor Josh Shapiro, a potential vice presidential running mate, House Democratic leader Hakeem Jeffries, and Congressional Black Caucus chair Representative Steven Horsford, said a source familiar with the matter.

Harris, a 59-year-old woman who is Black and Asian-American, would fashion an entirely new dynamic with Trump, 78, offering a vivid generational and cultural split-screen.

The United States has yet to elect a woman president in its 248-year history.

"Harris will be easier to beat than Joe Biden would have been," Trump asserted on CNN shortly after Biden's announcement.

Biden, the oldest person ever to have occupied the Oval Office, said he would remain in the presidency until his term ends on Jan. 20, 2025, while endorsing Harris to run for president in his place.

The White House said Harris would deliver remarks on the South Lawn at 11:30 a.m. ET (1530 GMT) on Monday at an event celebrating the NCAA 2023-24 college championship teams.

Facing mounting questions about his mental acuity, Biden is the first sitting president to give up his party's nomination for reelection since President Lyndon B. Johnson during the Vietnam War in March 1968.

Biden's withdrawal leaves his replacement with less than four months to wage a campaign. Prominent Democrats, including potential Harris challengers such as California Governor Gavin Newsom, immediately backed the vice president.

"My intention is to earn and win this nomination," Harris said in a statement. "I will do everything in my power to unite the Democratic Party — and unite our nation — to defeat Donald Trump."

Despite the early show of support for Harris, talk of an open convention when Democrats gather in Chicago Aug. 19-22 was not totally silenced.

Former House Speaker Nancy Pelosi and former President Barack Obama did not announce endorsements, although both praised Biden.

Two other potential challengers - Michigan Governor Gretchen Whitmer and Kentucky Governor Andy Beshear - made no mention of the vice president in their statements.

With Democrats wading into uncharted territory, Democratic National Committee Chair Jaime Harrison said the party would soon announce the next steps in its nomination process.

What is certain is that Biden's withdrawal has again reshaped a White House contest shaken repeatedly during the last month.

On June 27, Biden's poor performance in a debate with Trump led many Democrats to urge him to drop out. Then on July 13, a gunman attempted to assassinate former President Trump.

And last week Trump named hardline Republican U.S. Senator J.D. Vance, 39, to serve as his vice presidential running mate.

ABORTION RIGHTS LEADER

A former attorney general of California and former U.S. senator, Harris ran unsuccessfully for the Democratic Party's presidential nomination in 2020.

Biden won the nomination, picked Harris to be his vice president, and went on to beat Trump.

Harris has been outspoken on abortion rights, an issue that resonates with younger voters and progressives.

She is expected to stick largely to Biden's foreign policy playbook on such issues as China, Iran and Ukraine, but could strike a tougher tone with Israel over the Gaza war if she tops the Democratic ticket and wins the November election.

Proponents argue she would energize those voters, consolidate Black support and bring sharp debating skills to prosecute the political case against the former president.

But some Democrats were concerned about a Harris candidacy, in part because of the weight of a long history of racial and gender discrimination in the United States.

Polling shows that Harris performs no better statistically than Biden had done against Trump.

In a head-to-head match-up, Harris and Trump were tied with 44% support each in a July 15-16 Reuters/Ipsos poll conducted immediately after the July 13 assassination attempt on Trump.

Trump led Biden 43% to 41% in that same poll, though the 2 percentage point difference was not meaningful considering the poll's 3-point margin of error.

Biden's campaign had $95 million on hand at the end of June, according to a filing with the Federal Election Commission. Campaign finance law experts disagree on how easily that money could be shifted to a Harris-led campaign.

Small-dollar donors raised more than $46.7 million on ActBlue in the first five hours of Harris' presidential campaign, the fundraising platform said on X on Sunday.

LAST-MINUTE SHIFT

Biden, who said he would address the nation this week, has not been seen in public since testing positive for COVID-19 last week. He was isolating at his home in Rehoboth Beach, Delaware.

"While it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for the remainder of my term," Biden wrote on X.

Congressional Republicans argued on Sunday that Biden should resign as president immediately, which would turn the White House over to Harris and put House of Representatives Speaker Mike Johnson, a Republican, next in line in succession.

"If he's incapable of running for president, how is he capable of governing right now? I mean, there is five months left in this administration. It's a real concern, and it's a danger to the country," Johnson told CNN on Sunday before Biden's announcement.

During the 2020 campaign, Biden described himself as a bridge to the next generation. Some interpreted that to mean he would serve one term, a transitional figure who beat Trump and brought his party back to power.

But Biden decided to seek reelection, believing he could beat Trump again. His campaign was already struggling and ran into deep trouble after his debate performance raised serious concerns about his ability to win the election or stay on as president for another four years.

  • Topic
  • USA
  • ELECTION/ (WRAPUP 2, PIX, TV)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Trump the builder carves his legacy in stone as pressures mount

Related Posts

United States
August 19th, 2026

Trump the builder carves his legacy in stone as pressures mount

United States
August 19th, 2026

Washington Dulles airport gains approval for $19.9 billion overhaul

United States
August 19th, 2026

IndyCar race comes to Washington, tracing a city reshaped by Trump

United States
August 19th, 2026

Trump put thousands of soldiers on Washington’s streets. They seldom sto...

United States
August 18th, 2026

DOJ issues subpoenas in probe of Alaska candidate with same name as Sena...

United States
August 18th, 2026

US housing market remains under pressure in July; factory output rises

The Wire
Aug 20th 1 h ago
Investigates

In China, rocket launches fuel tourism and space-age dreams

Aug 19th 2 h ago
Asia Pacific

Japan exports rise 23.2% year/year in July

Aug 19th 2 h ago
Baseball

D-backs score twice in 10th, salvage series finale at Red S...

Aug 19th 3 h ago
Government

US tells schools not to alter discipline policies to reduce...

Aug 19th 3 h ago
Transactional

China tax crackdown forces wealthy investors to assess thei...

TRENDING ON FINANCETIME
Aug 19th, 2026 Tennis

Paul ousts top seed Zverev to reach Cincinnati quarter-finals

Aug 19th, 2026 Litigation

AIA Group's first-half new business value rises 10%

Aug 19th, 2026 Energy

Brazil's largest thermal power plant shut down after equipment failure

Aug 19th, 2026 United Kingdom

Key moments in Prince Harry and Meghan's six years in California

Aug 19th, 2026 Sports

Orioles reinstate C Samuel Basallo (shoulder) to active roster

Markets-Sectors
ENERGY -0.16%
FINANCIALS -0.62%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT