US President Joe Biden may announce his long-expected bid for a second term as early as next week, US media reports said.
According to reports in outlets including The Washington Post and CNN, citing unnamed sources, Biden is set to launch his reelection campaign through a video message.
The Washington Post reported that this could be on April 25, the anniversary of the day in 2019 when Biden joined the race to take on then incumbent Donald Trump in 2020. However, the report underlined that the plans were not finalized and could be postponed.
Already the oldest US president in history at 80, Biden would be 86 by the time he completed a second term. The current frontrunner for the Republicans is Trump, raising the growing possibility of a rematch of one of the most divisive elections in US history.
In 2019, Biden opened his bid with a video address. Although many initially saw him as a has-been, out of politics since finishing his term as vice president under Barack Obama, he went on to win the Democratic nomination, then defeat Trump in a tempestuous contest that the Republican attempted to overturn.
Biden has dropped repeated hints that he will run, including last week during a trip to Ireland when he said: “I told you my plan is to run again”.
However, Biden backers have pointed out that he is not necessarily in a hurry. Republicans are lurching toward a likely ugly nomination battle, while Biden has the advantages of having no serious challenger in his party.
But reality is, Joe Biden this time will have a number of tough challengers, which include Hillary Clinton and Kennedy jr. Moreover, a large number of key policymakers of the Democratic Party are unwilling to give green signal to Biden for reelection for a number of reasons, one of which is his family’s massive corruption and crime scandals.
According to two Republicans on the House Oversight Committee who viewed Treasury Department Suspicious Activity Reports (SARs), there are serious allegations against members of Biden family, stating they profited from a human trafficking scheme that included a prostitution ring in the United States and other countries including Russia and Ukraine.
Congresswomen Marjorie Taylor Greene of Georgia and Nancy Mace of South Carolina said, bank documents contain “jaw-dropping” details of the lucrative foreign business deals of the Biden family.
Washington is also entering a prolonged and high-stakes political struggle over extending the US borrowing limit, a dispute that risks ending in a US debt default and serious economic upheaval some time over the coming weeks. Some analysts say, United States is heading towards an acute financial crisis due to COVID pandemic and America’s massive spending in Ukraine war.
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