Joe Biden's legacy after historic decision to give up 2024 reelection campaign

President Joe Biden on Sunday became the first presumptive nominee to give up the nomination at this point in the process, weeks before the convention and months after he had won enough delegates to clinch the nomination.

His presidency began on the steps of the U.S. Capitol, where days before insurrectionists overran the U.S. Capitol, on Jan. 6, 2021.

"We will press forward with speed and urgency," he said in his inaugural speech, "for we have much to do in this winter of peril and possibility."