Biden says he'll seek re-election in 2024 — but also leaves himself an out

President Biden.
(Image credit: Chip Somodevilla/Getty Images.)

A betting man would put their money on President Biden — but don't be surprised if they end up cashing out.

In his first press conference since taking office, Biden on Thursday announced his intention to run for re-election in 2024. Biden was asked whether he'd run again by CBS News chief White House correspondent Nancy Cordes, who pointed out that Biden's predecessor, former President Donald Trump, had already set up a re-election campaign by this point in his tenure.

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