In an unprecedented move, President Joe Biden will deliver a rare Oval Office speech on Wednesday at 8 p.m. ET, marking his first public remarks regarding his decision to withdraw from the 2024 presidential race. The President's announcement came just three days prior, as he addressed the nation in a letter expressing his intentions to step away from the campaign trail.

During his address, President Biden will discuss his plans for the remaining months of his political career, emphasizing his commitment to "finish the job" and fulfill his duties as the leader of the nation. The phrase "finish the job" was a key component of his reelection campaign against former President Donald Trump in 2020.

ABC News has confirmed its special live coverage of President Biden's address on the ABC network, ABC News Live, Hulu, and comprehensive coverage on ABC News Digital, ensuring Americans nationwide can stay informed about the President's decision and its implications.

The decision to withdraw from the 2024 race follows intense pressure from within the Democratic Party following Biden's lackluster debate performance. Questions about his age and ability to successfully challenge Trump for another four-year term led to mounting calls for a change in course.

In the letter shared on social media, President Biden expressed gratitude for the honor of serving as President while acknowledging that it was initially his intention to seek reelection. He concluded by stating that his decision to stand down was in the best interest of both his party and the country. Promise of more details regarding this decision will be shared during his upcoming address.

Vice President Kamala Harris, who has already started campaigning as a potential Democratic nominee, received President Biden's support during her visit to the Biden-Harris team's headquarters in Delaware on Monday. The President assured his staff that his mission remains unchanged, emphasizing his commitment to working alongside Vice President Harris in campaigning and legislative efforts.

President Biden's Oval Office address is expected to be an emotional moment for him, as it signifies the beginning of the end of his remarkable career in public service. With a 36-year tenure as Delaware's senator, followed by eight years as Vice President under President Barack Obama, he reached the pinnacle of his career with his election as the 46th President in 2020.

Notably, President Biden's withdrawal from the 2024 race is a historic shift, marking the first time in 50 years that an incumbent President has chosen not to seek reelection. The last such announcement was made by President Lyndon B. Johnson in 1968 amidst the debate over the Vietnam War.

As the nation waits for President Biden's anticipated address, the significance of his decision to prioritize his responsibilities as President for the remainder of his term cannot be overlooked. Wednesday's speech will provide further insight into his plans for the future and shape the course of politics as the 2024 race unfolds.