Yang, who created buzz with freedom dividend, ends 2020 bid
Democrat Andrew Yang, an entrepreneur who created buzz for his presidential campaign by championing a universal basic income that would give every American adult $1,000 per month, suspended his 2020 bid on Tuesday.
His national press secretary, Erick Sanchez, confirmed the decision. It came as he expected a poor performance in New Hampshire’s primary.
The 45-year-old was one of the breakout stars of the Democratic primary race, building a following that started largely online but expanded to give him enough donors and polling numbers to qualify for the first six debates.
He outlasted senators and governors, and after initially self-funding his campaign, he raised more money than most of his rivals, bringing in over $16 million in the final quarter of last year. It was a bigger haul than all but the top four candidates: Vermont Sen. Bernie Sanders, former South Bend, Indiana, Mayor Pete Buttigieg, former Vice-President Joe Biden and Massachusetts Sen. Elizabeth Warren.