Unnamed sources cited by US media, including The Washington Post and CNN, suggest that President Joe Biden may announce his intention to run for a second term as early as next week.
It is believed that he will launch his re-election campaign with a video release, potentially on Tuesday, which marks the anniversary of his 2019 bid to challenge Donald Trump for the presidency. However, these plans have not been finalized and could be delayed.
At 80 years old, Biden is already the oldest US president in history and would be 86 by the end of a second term. The current frontrunner for the Republican party is Trump, making a potential rematch of the divisive 2020 election increasingly likely.
Despite dropping hints about his intention to run again, Biden’s supporters have noted that he is in no rush to make a formal announcement. The Republicans are currently facing a contentious nomination battle, while Biden has no significant challengers within his own party.
Additionally, Washington is currently embroiled in a high-stakes political dispute over extending the US borrowing limit, which could lead to a default and economic turmoil in the coming weeks.
