Joe Biden drops out of US presidential race
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 22 July 2024
⏱️ 13 minutes
🧾️ Download transcript
Summary
US President Joe Biden has abandoned his re-election bid following overwhelming pressure from fellow Democrats, and India’s prime minister Narendra Modi faces an early test to his third term in office. Plus, the UK’s new chancellor, Rachel Reeves, will present a fiscal statement to parliament later this month.
Mentioned in this podcast:
Joe Biden drops out of 2024 US presidential election race and endorses Kamala Harris
Labour’s moment to blame, borrow and tax
India’s Narendra Modi faces budget demands from ‘kingmaker’ allies
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Denise Guerra, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The UK's energy partner. |
| 0:06.0 | Learn more at equinore. |
| 0:10.0 | At Aquinore. UK. Good morning for the Financial Times. Today is Monday, July 22nd. This is your |
| 0:17.8 | FT news briefing. U.S. President Joe Biden has dropped out of the 2024 race. |
| 0:24.4 | Stick with us folks, we're in for a wild few months. |
| 0:27.7 | Outside the US, India's Prime Minister will present a major budget plan this week, |
| 0:33.2 | and the UK's new Chancellor |
| 0:35.1 | is getting ready to outline her economic priorities. |
| 0:38.0 | The British public really would like to have |
| 0:41.1 | continental European-style public services and pay American levels of taxation. |
| 0:46.0 | But that's pretty unlikely. |
| 0:49.0 | I'm Mark Filipino and here's the news you need to start your day. |
| 0:53.0 | Joe Biden officially dropped out of the 2024 race for US president yesterday. |
| 1:09.8 | He's now endorsing his Vice President Kamala Harris to lead the Democratic ticket in the November election. |
| 1:15.7 | It all happened after a horrible debate performance earlier this summer where the president stumbled |
| 1:19.8 | a lot and forgot his train of thought. With the COVID, excuse me, with dealing with everything we have to do with, look, if we finally beat Medicare. |
| 1:35.0 | That led to weeks of pressure from top leaders and donors to step aside. |
| 1:39.8 | Lauren Fiedor is the F.T. |
| 1:41.1 | 's Deputy Washington Bureau Chief enjoys me now to talk about what comes next for |
| 1:45.0 | Democrats in the 2024 U.S. presidential election. |
| 1:48.2 | Hey, Lauren. |
| 1:49.2 | Hi Mark. |
... |
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