Vivek Ramaswamy has dropped out of the presidential race after placing fourth in the Iowa Republican caucus.
With his exit, he endorsed former President Donald Trump, who won the caucus by a record-setting margin.
What they’re saying: “Now, going forward, [Trump] will have my full endorsement for the presidency,” Ramaswamy said in his concession speech. “And I think we’re going to do the right thing for this country. And so I’m going to ask you to follow me in taking our America First movement to the next level.”
- Ramaswamy said he called Trump Tuesday night to congratulate the former president on the victory.
The big picture: Ramaswamy launched himself into the thick of the GOP race as an outsider who founded biotech firm Roivant Sciences.
- He emerged during the Republican debates with an aggressive approach where he often went after his opponents.