Schultz never formally declared his candidacy, but had expressed his intention to run. He now believes running will not "best serve our country."
Former Starbucks CEO and businessman Howard Schultz announced he has ended his unofficial bid for president as an independent, months after he ducked out of the public eye after suffering a back injury.In a letter to supporters on his website, Schultz wrote that he has realized current election rules and the domination of"extreme voices" in the major political parties make it unlikely his run would succeed in overtaking President Donald Trump.
He continued:"If I went forward, there is a risk that my name would appear on ballots even if a moderate Democrat wins the nomination, and that is not a risk I am willing to take."He also cited recent health issues as a reason for his decision. In June, he had announced he was taking a step back from engaging with his supporters for the summer due to a back injury sustained in April.
"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 wrote.
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