Schultz decides not to run for 2020 presidency

Friday, 06. September 2019 12:52

Former Starbucks CEO Howard Schultz announced on Friday he will not be running for the United States presidency in 2020 despite considering a bid earlier this year.

"My belief in the need to reform our two-party system has not wavered, but I have concluded that an independent campaign for the White House is not how I can best serve our country at this time," Schultz said. "I will spend this election cycle and the years ahead supporting bold and creative initiatives to transform our broken system and address the disparity of opportunity that plagues our nation," he added.

In January, Schultz said he was "seriously thinking" about launching a presidential bid as an independent candidate. He put his plans on hold in June due to health reasons before deciding to completely abandon the bid today.

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