President Joe Biden on Sunday announced he will not be seeking reelection in the 2024 presidential race and endorsed Vice President Kamala Harris as the Democratic Party's nominee.

WATCH ANYTIME FOR FREE

Stream NBC10 Boston news for free, 24/7, wherever you are.

"It has been the greatest honor of my life to serve as your President," Biden, the 46th president of the United States, wrote in a letter to Americans. "And while it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and focus solely on fulfilling my duties as President for the remainder of my term."

Read the full letter from President Joe Biden:

Also on CNBC

• Republicans call on Biden to resign after president announces he won't seek reelection
• Biden drops out of 2024 election, endorses Kamala Harris as Democratic nominee
• Secret Service says it denied some Trump requests for extra security

Subscribe to the CNBC YouTube Channel

Morning Squawk Newsletter