In a speech Wednesday night, President Biden explained his decision to withdraw from the 2024 election and "pass the torch to a new generation" after endorsing Vice President Kamala Harris as the Democratic nominee.

Yahoo Finance Washington correspondent Ben Werschkul reacts to Biden's farewell address and the momentum behind the Harris campaign mere days after Biden's endorsement, highlight notable donors backing Harris and early polling data for Vice President Harris's odds against former President Trump.

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This post was written by Luke Carberry Mogan.