Joe Biden is holding a press statement from the Rose Garden, with Obama by his side.

He is NOT running due to the grieving process. (full transcript here)

BIDEN: As the family and I have worked through the — the grieving process, I’ve said all along what I’ve said time and again to others: that it may very well be that that process, by the time we get through it, closes the window on mounting a realistic campaign for president. That it might close.

I’ve concluded it has closed. I know from previous experience that there’s no timetable for this process. The process doesn’t respect or much care about things like filing deadlines or debates and primaries and caucuses.

But I also know that I could do this if the — I couldn’t do this if the family wasn’t ready. The good news is the family has reached that point, but as I’ve said many times, my family has suffered loss, and — and I — I hope there would come a time — and I’ve said this to many other families — that, sooner rather than later, when — when you think of your loved one, it brings a smile to your lips before it brings a tear to your eyes.

Well, that’s where the Bidens are today. Thank god. Beau — Beau is our inspiration.

Unfortunately, I believe we’re out of time, the time necessary to mount a winning campaign for the nomination. But while I will not be a candidate, I will not be silent.

Watch:

(full video here)

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