Sen. Cory Booker announced Monday that he’s dropping his bid for the 2020 Democratic presidential nomination.
The New Jersey senator made the announcement just a few weeks before the Iowa caucus, citing fundraising struggles coupled with failure to make Tuesday night’s debate stage in Iowa.
“Our campaign has reached the point where we need more money to scale up and continue building a campaign that can win — money we don’t have, and money that is harder to raise because I won’t be on the next debate stage and because the urgent business of impeachment will rightly be keeping me in Washington,” Booker said in a statement.
Booker also failed to qualify for the most recent debate in December.