Bernie Sanders drops out of 2020 presidential race
Presidential Democratic candidate Bernie Sanders announced he is dropping out of the 2020 presidential election. Yahoo Finance's Adam Shapiro shares the latest.
Video Transcript
ADAM SHAPIRO: I want to bring the entire gang back in on some news that appears to be breaking. This was tweeted by Hunter Walker, saying that Bernie Sanders is going to address his supporters after suspending his presidential campaign. Now I just want you to know-- and Julie, I'm at Bernie Sanders on another computer. I'm at his official campaign website right now. Nothing on here--
JULIE HYMAN: He has e-mailed out the statement. Our folks have received it as well. So we can confirm that he is indeed ending his campaign. I love it, in true Bernie fashion, the language here-- the campaign ends. The struggle continues.
You know, it's the sort of Bernie Sanders brand as fighting for the-- you know, fighting for the disadvantaged, for example. And he, by the way, is going to be holding an address-- obviously a virtual address-- at 11:45 Eastern. He'll address his supporters during a live stream at that point in time.
And what's interesting to me, Adam, is this is coming off of the Wisconsin primary yesterday that went ahead, despite some court challenges. And we saw a lot of pictures of people waiting in inclement conditions, right. Out in the rain and hail, I saw a picture of a person.
There were many, many fewer polling stations than there otherwise would have been. And people came out in masks in some cases, not in masks in other cases. So I don't think we yet have the results of that. It's going to be delayed. But perhaps Bernie reading the tea leaves after that latest primary.
- Yeah, Julie, I don't think it's entirely a surprise to get this announcement, given the numbers and sort of the reality that the Sanders campaign is looking at. One of the things I have been thinking about, though, is just the timing of all of this. Because you have to imagine coming on the back of this pandemic, and what we have seen with the health care system-- you know, I keep wondering how many of some of these ideas that he pushed through through his campaign are actually going to stick now.
And, in fact, were a lot of his supporters maybe hopeful that if this-- if you can even hope for a pandemic, which is a terrible thing-- but if this had kind of proceeded the peak of the Democratic presidential campaign, is this something that maybe would have gained a little more traction? So I think that is something to look for. You know, he says in his statement the struggle continues. And I think you want to see if some of those ideas are going to continue to get traction.
ADAM SHAPIRO: And also we had Joe Biden actually acknowledge Monday that he had been on the phone talking with Bernie Sanders. We're going to keep following this for you.
