Democrat Pete Buttigieg is ending his campaign for president.
Three people with knowledge of Buttigieg’s decision tell The Associated Press he is informing campaign staff. They were not authorized to speak publicly and requested anonymity.
His campaign says Buttigieg will speak Sunday night in South Bend, Indiana.
Buttigieg rose to the field's top tier but failed to notch enough wins in the critical early states necessary to keep his bid moving forward.
The millennial, Afghan War veteran and former mayor of South Bend, Indiana, defied expectations in a field of better-known candidates for months while becoming the first openly gay top contender for a major party nomination.
“Mayor Pete” burst onto the scene with a blitz of national media a year ago and impressive fundraising. He leaned hard into a next-generation message of urgency on pressing issues while preaching a message of hope and inclusion.
The ongoing war in Ukraine and the Fed's hawkish stance toward reining in inflation might be causing a frenzy among investors. Craig Erlam, a senior market analyst at foreign exchange OANDA, joined Cheddar News to talk about the current "mixed bag" markets. "It's hard to read too much into it. These are just the market conditions we have right now," he said. "Ultimately we're a little directionless at times overall, but these intraday moves are causing a lot of volatility this week."
Catching you up on what you need to know on April 29, 2022, with President Biden asking Congress for a $33 billion aid package for Ukraine, a shrinking GDP potentially leading to a recession, Beijing banning weddings and funerals while closings schools amid COVID, and more.
Buying a new home is tough right now; but for first-time buyers, it's an especially challenging time, with obstacles like rising mortgage rates and record-breaking home prices. The housing market is not expected to get much friendlier, as mortgage rates are expected to continue to climb as the Federal Reserve proceeds with its plans for rate hikes in an effort to stifle inflation. Jonathan Miller, President and CEO of real estate appraiser Miller Samuel, joins Cheddar News' Closing Bell to discuss.
Tyler Moran, former senior adviser to President Biden on migration, joins Cheddar Politics to discuss the recent controversy around the administration's decision to end the use of Title 42, a public health order allowing the U.S. to expel migrants without going through the asylum process.
Christian Heyne, vice president of policy at the gun safety group Brady, joins Cheddar Politics to discuss President Biden's executive action on so-called "ghost guns," and to reflect on the Brooklyn subway shooting.
Jasmine Burney-Clark, founder of Equal Ground Education Fund and Action Fund, joins Cheddar Politics to discuss the redistricting process in Florida, and how the state's Republican Gov. Ron DeSantis proposed a map reducing the power of Black Floridians.
Ryan Thoreson, an LGBT rights researcher at Human Rights Watch, joins Cheddar Politics to discuss claims of grooming made by Republican politicians during efforts to pass so-called 'Don't Say Gay' bills.
Zachary Petrizzo, media reporter at The Daily Beast, joins Cheddar Politics to discuss former President Trump's endorsement of Dr. Oz in the U.S. Senate race in Pennsylvania, and why some parts of the MAGA base are unhappy about it.
Larry Sharpe, libertarian candidate for New York governor, joins Cheddar Politics to talk about the issues motivating his campaign. The discusses his endorsement from the progressive Forward party founded by former presidential candidate Andrew Yang, and changes that can be made to voting systems.
