John Delaney, the first Democrat to announce his candidacy for 2020, greets a voter.

Edward Kimmel / Flickr

Three days before the Iowa Caucus, entrepreneur and former Maryland Congressman John Delaney is dropping out of the 2020 presidential race.

“It has been a privilege to campaign for the Democratic nomination for president,” he writes in a statement, “but it is clear that God has a different purpose for me at this moment in time. I leave this race with a profound sense of gratitude to the voters who shared with me their hopes and concerns for our magnificent country in admiration for the other contenders for the nomination and proud of the work we did to change the debate.”

And with that, one of the race’s most long-shot (though perhaps the physically strongest) candidates is out of the crowded Democratic primary. Going into Monday’s Iowa caucus, Joe Biden, Bernie Sanders, and Elizabeth Warren are leading the polls.

Delaney’s campaign wrote in the Friday morning statement that internal analyses indicate his support isn’t enough to meet the 15-percent viability threshold in a number of caucuses, but sufficient enough to damage other moderate candidates’ campaigns, “especially in rural areas where John has campaigned harder than anyone.”

The Maryland Democrat joined Congress in 2012, representing the state’s sixth district for seven years. Before that, he made a name by cofounding two local companies: Health Care Financial Partners and CapitalSource. He ran his presidential campaign on data-driven ideas and public-private partnerships in “struggling inner cities.”

Though Delaney doesn’t specify what the next chapter will look like for him, he does challenge his party to—first and foremost— beat Donald Trump. While urging the country to “change course,” Delaney warns against any cynicism about the progress the U.S. can make in 2020. “Never bet against the United States of America,” he writes. He also encourages Democrats to sharpen their focus on inequality in both rural and urban areas.

Delaney, who was the first Democrat to announce his campaign bid, spent millions of his own money on the campaign trail. A moderate Democrat, he was critical of far-left policies and centered his campaign on reducing partisan politics, saying when he announced: “Our government is hamstrung by excessive partisanship. We are letting critical opportunities to improve the country pass us by. And we are not even talking about the most important thing: the future.”

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