DES MOINES, Iowa — John Delaney has ended his bid for the Democratic presidential nomination in 2020, more than two-and-a-half years after he became the first to announce his candidacy.
The former Maryland congressman and entrepreneur, 56, was a self-made multimillionaire before he entered politics.
Despite a large staff presence in the early primary states of Iowa and New Hampshire, and sinking tens of millions of dollars from his personal fortune into his campaign, he never rose above the lowest tier of 2020 Democrats.
“I encourage the party to sharpen its focus on the growing opportunity inequality that exists in both rural America and struggling urban communities,” Delaney said in a statement Friday. “The concentration of start-ups and investment capital in a small number of areas is troubling and smart public policy is needed to encourage entrepreneurs to start businesses everywhere.”