When you elected me to this office, I promised to always level with you, to tell you the truth. And the truth, the sacred cause of this country is la… - Joe Biden

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When you elected me to this office, I promised to always level with you, to tell you the truth. And the truth, the sacred cause of this country is larger than any one of us. And those of us who cheri[sh] that cause — cherish it so much — the cause of American democracy itself — must unite to protect it. You know, in recent weeks, it’s become clear to me that I needed to unite my party in this critical endeavor. I believe my record as president, my leadership in the world, my vision for America’s future all merited a second term, but nothing — nothing — can come in the way of saving our democracy. That includes personal ambition. So, I’ve decided the best way forward is to pass the torch to a new generation. That’s the best way to unite our nation. I know there is a time and a place for long years of experience in public life. But there is also a time and place for new voices, fresh voices — yes, younger voices. And that time and place is now. Over the next six months, I’ll be focused on doing my job as president. That means I will continue to lower costs for hardworking families, grow our economy. I’ll keep defending our personal freedoms and our civil rights, from the right to vote to the right to choose. And I’ll keep calling out hate and extremism and make it clear there is no place — no place in America for political violence or any violence ever, period.

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About Joe Biden

Joseph Robinette "Joe" Biden, Jr. (born November 20, 1942) is an American politician who was the 46th president of the United States from 2021 to 2025. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 under President Barack Obama, and represented Delaware in the U.S. Senate from 1973 to 2009.

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Birth Name: Joseph Robinette Biden Jr.
Alternative Names: Joseph R. Biden Joseph R. Biden Jr. Joseph R. Biden, Jr. JRB POTUS 46 Joe R. Biden Jr. Joseph Robinette Biden President Biden President Joe Biden President Joseph Biden President Joseph R. Biden President Joseph Biden Jr. President Joseph Robinette Biden President Joseph R. Biden Jr. Joe R. Biden President Joseph Robinette Biden Jr. Joe Biden Jr. Joseph Robinette Biden, Jr. Joseph Biden
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In the early 1900s, President Teddy Roosevelt saw an economy dominated by giants like Standard Oil and JP Morgan’s railroads. He took them on, and he won. And he gave the little guy a fighting chance. Decades later, during the Great Depression, his cousin Franklin Roosevelt saw a wave of corporate mergers that wiped out …scores of small businesses, crushing competition and innovation. So he ramped up antitrust enforcement eightfold in just two years, saving families billions in today’s dollars and helping to set the course for sustained economic growth after World War Two. He also called for an economic bill of rights, including, quote, "the right of every businessman, large and small, to trade in an atmosphere of freedom from unfair competition and domination by monopolies." End of quote. Between them, the two Roosevelts established an American tradition — an antitrust tradition. It is how we ensure that our economy isn’t about people working for capitalism; it’s about capitalism working for people. But, over time, we’ve lost the fundamental American idea that true capitalism depends on fair and open competition. Forty years ago, we chose the wrong path, in my view, following the misguided philosophy of people like Robert Bork, and pulled back on enforcing laws to promote competition. We’re now 40 years into the experiment of letting giant corporations accumulate more and more power. And where — what have we gotten from it? Less growth, weakened investment, fewer small businesses. Too many Americans who feel left behind. Too many people who are poorer than their parents. I believe the experiment failed. We have to get back to an economy that grows from the bottom up and the middle out. The executive order I’m soon going to be signing commits the federal government to full and aggressive enforcement of our antitrust laws. No more tolerance for abusive actions by monopolies. No more bad mergers that lead to mass layoffs, higher prices, fewer options for workers and consumers alike.

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