WATCH: Biden Agrees to Step Down from Race

“According to my sources, President Biden has agreed to step down as the Democratic nominee,” said Journalist and Newsmax commentator Mark Halperin at the RNC Thursday. “It will happen as early as this weekend. His speech has been drafted for him.” 

“He will continue on as president – is his intention. He also will not, I’m told, endorse Vice President Harris as his successor.”

"This decision was reached, I’m told all of a sudden, because of the high-level pressure from Nancy Pelosi, Barrack Obama, and others. As well as the decision of many of Biden’s top aides that there was no path forward for him and that he would not be able to win this election."

“They’re hoping Biden will endorse an open process in which, the convention will be open to Vice President Harris and a few other candidates in Chicago to pick the Democratic nominee for president.

The belief is that Vice President Harris is already looking at potential running mates to go to Chicago with a full ticket including one possibility, Andy Beshear the governor of Kentucky; and perhaps the governor of Pennsylvania, Governor Josh Shapiro.”

Other possible candidates being talked about include Gavin Newsom, the Governor of California; perhaps Gretchen Whitmer…

On the first ballot: the regular delegates would be allowed to vote under this agreement that’s being talked about amongst the president and high-level Democrat officials.

The regular delegates will vote on the first ballot. If there is no winner on the first ballot, the so-called super delegates will be allowed to vote on the subsequent ballot.

This decision was reached, I’m told, all of a sudden, because of the high-level pressure from Nancy Pelosi, Barrack Obama, and others. As well as the decision of many of Biden’s top aides that there was no path forward for him and that he would not be able to win this election.”

The whole situation is being described as “fluid,” with Halperin releasing more details on X, making it clear that Biden will NOT resign the presidency or endorse Harris.