Senator Kamala Harris, who was once seen as a top tier contender for the 2020 Democratic presidential nomination, dropped out of the race on Tuesday.

"I've taken stock and looked at this from every angle, and over the last few days have come to one of the hardest decisions of my life," the California senator wrote in a note to supporters. "My campaign for president simply doesn't have the financial resources we need to continue."

Harris spent the early days of her campaign as a promising candidate, rising as high as second place in the Real Clear Politics poll average in July, but has struggled with finances as well as reports of staff disorganization and infighting, according to the New York Times.

By November, she was polling in the low single digits and laid off her New Hampshire field team to increase her focus on Iowa's first-in-the-nation caucuses on February 3.

Though she had shifted focus to the Hawkeye State, she lacked the cash to run TV ads in Iowa, a state in which Harris had not run an ad in three months. Only recently, support for a super PAC made up of former aides to pay for advertising began to gain traction within the campaign.

Harris was one of seven candidates who had already qualified for the sixth debate, which will be held in her home state of California, before today's announcement.

The senator had started her campaign in front of a crowd of20,000 in Oakland, according to her campaign, and said she is withdrawing "with deep regret — but also with deep gratitude."

Share:
More In Politics
Will Melania Divorce Trump, Politically?
The Hive co-hosts Kristen Scholer and Jon Kelly discuss the top 5 hottest stories in tech and politics. From Melania Trump's appearance at the State of the Union to Mark Zuckerberg's play for local news, The Hive has the latest news you need to know.
Secret Memo Showdown Between Rep. Adam Schiff and Rep. Devin Nunes
More drama is unfolding around the Nunes memo which allegedly criticizes the FBI's handling of the Russia investigation. Congressman Adam Schiff (D-CA) tweeted that House Intelligence Committee Chairman Devin Nunes (R-CA) made changes to the memo he sent to the White House without getting those changes approved by Congress. Mother Jones' Ben Dreyfuss discusses whether this development could prevent the president from releasing the memo.
Opening Bell: February 1, 2018
People are spending less time on Facebook, according to the company's latest earnings report. Twitter doubles the number of users who interacted with Russian-linked trolls. And eBay is parting ways with longtime partner PayPal in favor of Dutch payment processing company Adyen. Plus, we bring you a full hour on the Business of Sports heading into Super Bowl weekend.
Secret Memo Drama Heats Up
Nicole Goodkind, politics reporter for Newsweek, discusses the controversial claissified memo in light of the FBI director publicly announcing "grave concerns" with inaccuracies. We also dig into new updates in the Russia investigation.
Closing Bell: January 31, 2018
Facebook and Microsoft release earnings. The Dow wraps its best month since March 2016. Rep. Trey Gowdy (R-SC) announced Wednesday he will not seek reelection. Bitcoin could face its worst monthly decline in January. Entrepreneur and original "Shark" Kevin Harrington shares his outlook for cryptocurrency, and how he thinks it could transform retail.
The Global Fight for Equal Pay Takes Center Stage at the NYSE
To accelerate efforts to increase gender equality in 2018, some of the world's top female leaders met at the New York Stock Exchange for the first-ever Women in Corporate Leadership Initiative. Marlene Schiappa, France's Secretary of State for Gender Equality, breaks down how the group is pushing for equality in the year ahead.
What Trey Gowdy Leaving Means for Republican Party
Rep. Trey Gowdy (R-SC) announced Wednesday he will not seek reelection. The decision comes one day after President Trump's first State of the Union. Republican political strategist Rick Wilson explains what this means for the Republican party, and shares his top moments from the SOTU.
Load More