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Booker is the third primary candidate to drop out of the race this month. He was preceded by author Marianne Williamson and former Housing and Urban Development Secretary Julian Castro, who went on to endorse Sen. Elizabeth Warren (D-Mass.).
"It was a difficult decision to make, but I got in this race to win, and I've always said I wouldn't continue if there was no longer a path to victory," Booker wrote in an email to supporters. "Our campaign has reached the point where we need more money to scale up and continue building a campaign that can win — money we don't have, and money that is harder to raise because I won't be on the next debate stage and because the urgent business of impeachment will rightly be keeping me in Washington."
The New Jersey senator, who struggled to raise cash and slumped in the polls, made the announcement in a video posted to Twitter.
“Today, I am suspending my campaign for president with the same spirit with which it began,” Booker said in the video. “It is my faith in us, my faith in us together as a nation that we share common pain and common problems that can only be solved with a common purpose and a sense of common cause.”
The 50-year-old Garden State lawmaker added he’s itching to “recommit myself to the work.”
“I can’t wait to get back on the campaign trail and campaign as hard as I can for whoever is the eventual nominee,” Booker said.
Really Big Breaking News (Kidding): Booker, who was in zero polling territory, just dropped out of the Democrat Presidential Primary Race. Now I can rest easy tonight. I was sooo concerned that I would someday have to go head to head with him!— Donald J. Trump (@realDonaldTrump) January 13, 2020
Booker campaigned as a moderate and the antithesis of President Donald Trump, promising to lead with “radical love.” As the first African American senator from New Jersey, serving his first term, he drew comparisons to former President Barack Obama, though his campaign never caught fire.
Booker’s drop-out came after it became clear he didn’t make the cut for this week’s seventh 2020 debate, which will only feature six candidates: Joe Biden, Pete Buttigieg, Elizabeth Warren, Bernie Sanders, Amy Klobuchar and Tom Steyer.
In light of Booker’s exit, Andrew Yang is the only non-white Democrat left in the race whose campaign has gained national momentum.