In breaking news published by The Washington Post, former Democratic U.S. President Barack Obama believes that the current U.S. President Joe Biden's chances of winning the presidential election have significantly diminished.

The American news site "Axios" reported on Thursday, July 18, 2024, that several prominent Democrats in America have confirmed that President Joe Biden will withdraw from the presidential race by the end of this weekend.

According to the news site, the 81-year-old president, who is currently isolating himself due to the coronavirus, has surrendered to increasing pressures and poor poll ratings, making it impossible to continue his campaign.

Leading figures in his party, as well as friends and major donors, believe he cannot win and cannot change public perceptions about his health status.

Democrats expect that polls after the Republican National Convention will show a potential surge that could also lead to the downfall of Democrats in Congress.

A poll by the Associated Press showed that nearly two-thirds of Democrats want Biden to withdraw from the presidential race, and this sentiment has echoed in the White House and Congress.

Senate Majority Leader Chuck Schumer (Democrat from New York) has told Biden that it would be better for him to withdraw from the competition.

Former House Speaker Nancy Pelosi (Democrat from California) also informed him that he could jeopardize Democrats' chances of regaining control of the House of Representatives.

House Minority Leader Hakeem Jeffries (Democrat from New York) delivered a similar message, albeit more discreetly, to Biden.

The most likely scenario is that Biden withdraws and endorses Harris—but he is also leaning towards allowing delegates to decide if the party feels otherwise.