US President Joe Biden said today that he plans to run for a second term in the 2024 presidential election, but is not yet ready to announce it, NBC reports.

“I intend to run … but we’re not ready to announce it yet,” Biden said in an interview with NBC’s Today program.

Last year, the US President told the Rev. Al Sharpton that he would run for a second term in a private conversation at the White House, Sharpton told National Action Network staff in Washington and NBC News.

Biden’s advisers have long said he intends to wait until March, when the year’s first campaign fundraising period ends. It’s part of the effort expectations managementbecause many donors who seemed generous to the Democrats’ goals during last fall’s elections were looking for a breather.

Biden’s top adviser, who spoke on condition of anonymity to discuss a potential re-election campaign that has yet to be announced, noted that Biden’s 2020 candidacy was worth $1.7 billion, and this time the effort will be bigger.. The adviser said one of the “keys” would be to find voices outside of Washington who could spread the message of the campaign at a time when many people have lost faith in anything political.

Source: NBC