Plans are underway for Joe Biden to announce his intends to run for a second term as US President

What happened: The president’s advisers and allies are making preparations for a video announcement Tuesday, which would also mark the anniversary of his 2019 campaign announcement. reported The Washington Post cites people familiar with the matter.

Extensive preparations have reportedly been made by Biden’s top advisers, who have been meeting regularly with the President and First Lady at the White House residence since last year.

Biden’s two top advisors Anita Dun And Jen O’Malley Dillon The re-election efforts were reportedly led.

Why it matters: Democrats had raised concerns that if Biden doesn’t announce his campaign soon, he may have to wait until June as he will travel to Japan and Australia in May, the Post noted.

The president is due to meet with top Democratic donors in Washington late next week, and his team has invited nearly 50 to 100 of the party’s top fundraisers to an event Friday night, according to the report.

Biden doesn’t face much of a challenge for the Democratic nomination. However, Robert F Kennedy Jr. And Marianne Williams – two political activists – have announced that they will run against him.

Earlier this month, Biden said he plans to run, but “we’re not ready to announce it yet.”

On the Republican side, Biden’s predecessor donald trumpwho announced his intention to stand as a candidate in November Leading in a recent poll against another likely candidate, Florida’s Republican governor Ron DeSantis.

Continue reading: Breakdown of President Joe Biden’s tax returns: Here’s how much the first couple made, gave away in 2022