Democratic Presidential Hopeful John Delaney Drops Out Of The Race

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Democratic Presidential Hopeful John Delaney Drops Out Of The Race
His announcement came just days ahead of the Iowa caucuses.
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John Delaney is out of the 2020 race for the White House.

The former congressman said he chose to step down because "he was unable to meet the 15% viability in a material number of caucus precincts" and didn't want to hurt other moderate candidates' viability. 

The entrepreneur and co-founder of Healthcare Financial Partners and Capital Source had backed a universal health care system. He told Newsy in October that it's a better option than Medicare For All. 

Delaney was the first Democrat to announce his candidacy — just months into Donald Trump's presidency. He said in his statement Friday: "Step one is to beat Donald Trump and restore decency to the Office of the President. In many ways, this is all that matters and I am fully committed to supporting our nominee and fulfilling that mission."

Delaney's announcement came just days ahead of the Iowa caucuses.

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