Biden addresses the nation from the Oval Office: "nothing can come on the way of saving our democracy"

During his fourth Oval Office speech, Biden explained his decision for dropping out of the race, highlighting it is the time to "pass the torch" (Credit: AFP)

President Joe Biden addressed the nation in the Oval Office for the first time since formally announcing his decision to drop out of the presidential race, revealing how he came to the historic decision during prime-time, having said that it was "in the best interest of my party and the country."

The president said his decision to finally end his reelection bid sought to "pass the torch" to a younger generation, as he believed it was the best way to "unite" the nation— a message that has been going around both parties since Donald Trump's failed assassination attempt.