Biden Steps Down: Harris May Become First Female Democratic Nominee

Coons: 'This Is a Historic Moment'

Washington (CBS News) – Joe Biden announced Sunday that he would be stepping down as the Democratic National Presidential Nominee, making way for his running mate, Kamala Harris, to take over the party's campaign.

In a brief statement released via Twitter, Biden said he was "honored and grateful" to have served as the nominee, but felt it was "time to pass the torch" to Harris. He said he believed she was the "best person to lead the Democratic Party and our country forward."

Harris, 59, would be the first female Democratic nominee for president. She is also the first woman of color to be nominated for president by a major party.

Biden's decision to step down comes as a surprise to many, as he had been considered the frontrunner in the race. It also comes amid reports of growing tensions between Biden and Harris, who has been seen as a rising star in the Democratic Party.

In a statement, Harris said she was "honored and humbled" to be the party's nominee. She said she would "fight for the soul of our nation" and would work to "build a more just and equitable America."

President Biden's announcement has sent shockwaves through the political world. Many Democrats have expressed their support for Harris, while Republicans have been quick to criticize her. It remains to be seen how Harris will fare in the general election, but she is sure to face a tough challenge from the Republican nominee, Donald Trump.