Andrew Yang drops out of presidential race

Andrew Yang, a New York businessman whose unusual presidential campaign rose to prominence with a plan to give Americans $1,000 a month, is dropping out of the Democratic race.

Initially seen as a long-shot candidate, Yang used a savvy social media strategy to garner legions of devoted followers who referred to themselves as the "Yang Gang."

Addressing supporters in New Hampshire on Tuesday night, Yang said: "While there is great work left to be done, you know I am the math guy, and it is clear tonight from the numbers that we are not going to win this race. I am not someone who wants to accept donations and support in a race that we will not win. And so tonight I am announcing I am suspending my campaign for president."

Yang, 45,launched his bidfor the presidency in late 2017.

A lawyer turned entrepreneur and author of a book called "The War on Normal People," Yang appealed to voters by warning of the ills of technology— including automation and artificial intelligence. Yang's plan for a universal basic income— the $1,000 a month check that he dubbed the "Freedom Dividend"— served as a bedrock for his larger vision for fixing a society deeply sickened by capitalism.

More at NBCNews.com.


Sponsored Content

Sponsored Content