Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Sanders drops out of U.S. election race, setting up Biden battle with Trump

Published 04/08/2020, 11:31 AM
Updated 04/08/2020, 02:37 PM
© Reuters. FILE PHOTO: Democratic U.S. presidential candidate Bernie Sanders speaks about coronavirus in Burlington

By Simon Lewis and John Whitesides

WASHINGTON (Reuters) - Bernie Sanders, a democratic socialist whose progressive agenda pushed the Democratic Party sharply to the left, ended his White House campaign on Wednesday, clearing the way for a Nov. 3 election battle between former Vice President Joe Biden and Republican President Donald Trump.

Sanders, a former front-runner who promised to lead a grassroots political revolution into the White House, acknowledged he no longer had a path to the nomination after a string of nominating contest losses to Biden but promised to work with the former vice president to oust Trump.

He said he would stay on the ballot in future primaries and continue to gather delegates in order to push the Democratic platform toward his populist anti-corporate agenda, including a government-run healthcare system and tax hikes for the rich.

"Then together, standing united, we will go forward to defeat Donald Trump, the most dangerous president in modern American history," he said in a livestreamed speech to supporters from his hometown of Burlington, Vermont.

The 78-year-old U.S. senator parlayed his massive campaign rallies, anti-establishment message and fervent support from young and new voters into early success in the Democratic race before losing in South Carolina in late February, leading moderate Democrats to unite behind Biden.

Sanders suffered a string of decisive losses through March as Democrats searched for the candidate with the best chance of beating Trump, putting the senator under growing pressure from Democrats to end his campaign and help the party unite.

The departure of Sanders, Biden's last remaining rival, sets up a long battle for the White House between the 77-year-old Biden and Trump, 73, who is seeking a second four-year term in office.

Biden praised Sanders after his departure and promised his ideas would be incorporated into his White House run. He reached out to Sanders' supporters.

"I see you, I hear you, and I understand the urgency of what it is we have to get done in this country," Biden said. "I hope you will join us. You are more than welcome. You’re needed."

Sanders' decision comes as the country grapples with a coronavirus outbreak that upended the nominating schedule, taking him off the campaign trail and leaving Sanders little opportunity to get his message across.

Some allies encouraged Sanders to stay in the race to further influence Biden's policy positions. But Sanders made little headway on his vow that his ambitious social programs such as raising taxes on corporations and the wealthy would expand the electorate.

Instead, Biden was the one who won support from a growing coalition of women and men, white and black voters, those with or without college degrees, and self-described liberals and moderates.

Democrats said Sanders' decision to pull out now would give the party time to come together before the August nominating convention. Some Democrats blame Sanders for staying in his 2016 race against Hillary Clinton too long, hurting her general election bid against Trump.

"Bernie is doing this relatively early. I think that allows more time for healing,” said Democratic operative Joel Payne, who worked for Clinton's campaign in 2016.

Trump, who has courted Sanders supporters and said the senator was treated unfairly by the Democratic Party, reacted quickly on Twitter.

"This ended just like the Democrats & the DNC wanted, same as the Crooked Hillary fiasco. The Bernie people should come to the Republican Party, TRADE!," Trump wrote.

"With Bernie Sanders suspending his campaign, it’s all but official that the Democrat establishment got the candidate they wanted in Joe Biden," Brad Parscale, Trump's campaign manager, said in a statement.

Many of Sanders' policy positions have become part of the mainstream Democratic Party debate, including his Medicare for All proposal that would create a government-run healthcare system to replace the current blend of private medical insurance and public programs. He also advocated a $15 minimum wage, tuition-free public colleges and higher taxes on the wealthy.

"Our movement has won the ideological struggle in so-called red states, blue states, and purple states," Sanders said in his livestream address.

After a long and bitter campaign against Clinton in 2016 that made him a well-known political commodity, Sanders entered the race with clear advantages, including an unmatched ability to raise large sums of money from small-dollar donors and a passionate base of supporters - including the so-called Bernie Bros - drawn to his anti-establishment message.

© Reuters. FILE PHOTO: Democratic 2020 U.S. presidential candidates Senator Elizabeth Warren (D-MA) speaks with Senator Bernie Sanders as billionaire activist Tom Steyer listens after the seventh Democratic 2020 presidential debate at Drake University in Des Moines

After he was hospitalized with chest pains in October, his campaign faced questions over why it did not immediately disclose he had had a heart attack. The campaign also did not release his full medical records despite pledging to do so.

Latest comments

Biden who?
looks like his retirement check finally came. Just most politicians out there, once you cash in it's time to make an exit.
am vazut ca dolaru are tendita sa fie in crestere dsr eueo are mai mukte probleme
USA, you should be ashamed of yourself for choosing this two authorities driven by corruption and with severe mental problems as your "leaders", while the only leader you had in the elections and that you're likely not going to get again next period was there. Prepare yourself for another 4 years of doom, because of your "doom-ness". The entire world is looking at you and we are ashamed.
Trump and Joe. The best leaders America has to offer. Choosing based on who has less dementia. What a joke.
Not the best candidate of course. Probably people will keep voting the same stu pi di ty but like the response to the virus, among others, showed the road to decadence is well paved by the chipmunk followers. Just wait a few years. Good luck.
businessman there!!!!
"When the student is ready, the teacher will appear." Obviously the "student" is not ready - let the fleecing of the American taxpayer continue in earnest with corporate socialism for the One Percent ("Too Big to Fail") and dog-eat-dog capitalism ("Free Market") for everyone else!
I guess he figured out socialism doesn't work that well after all
Or maybe he realized that Trump ( an ex-Dem) is still a Socialist with all the programs being implemented as we speak.
Trump second term confirmed.
I'm looking forward to Biden's epic gaffe's already during the debates.
Of course! Because that will be the surprise. The chipmunk make a few daily.
No chance for any meaningful progressive advancements this electoral round - just more of the same - and the United States continues to drift towards full Banana Republic status where the primary commodity is the grifting of the American taxpayer!
worst candidate ever. If you can't advance 'democratic socialism' when the govt is literally bailing out hedge funds (see Citadel) you never will
what country are you talking about? lol
Commander TRUMP!
How do you become so rich without working? Steal like Bernie
Trump is unbeatableSay what you will about him but no one holds a candle to him
Thankyou, Bernie.Now let Joe win the presidency
Imagine if Joe wins, he can't even make a formal coherent sentence
No one will be Trump if he runs
good riddance
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.