Washington DC - On April 11, US President Joe Biden announced in an interview with NBC's "Today" show that he plans to run for re-election in 2024, but he is not ready to make a formal announcement yet. Biden, who is currently 80 years old, would be the oldest US president in history if he wins re-election and serves a full second term. Vice President Kamala Harris has also expressed her intention to run alongside Biden in the 2024 election.

According to NBC News, top White House advisers are currently making final decisions on launching Biden's re-election campaign, although he has already made up his mind to run. One source familiar with the matter said that Biden "resents the pressure to have to announce what he's already decided."

Several factors are being considered in the decision-making process, including the absence of any major Democratic challengers, former President Donald Trump's indictment and continued political spotlight, and a potential clash with congressional Republicans over spending.

As of now, only two candidates have announced their candidacy for the 2024 Democratic presidential nomination: best-selling self-help author Marianne Williamson and anti-vaccine activist Robert Kennedy Jr. No prominent Democratic officeholders have indicated their intent to challenge the incumbent.

Despite Biden's lackluster approval ratings, Democratic power brokers have expressed their support for his re-election bid even before he has formally announced his intention to run, according to NBC News. Biden's recent comments suggest that he is breaking with progressive positions on issues such as crime, immigration policy, and the environment ahead of his expected campaign launch. Nonetheless, Democrats from across the party spectrum have expressed their support for Biden heading into the 2024 election.