BREAKING: Biden Told Obama His Decision On Running Again In 2024

79-year-old Joe Biden, who is already the oldest president ever, has told Barack Obama that he plans to run for reelection in 2024.

Two sources confirmed this conversation recently took place between Obama and Biden. The two presidents had lunch together earlier this month. “[Biden] wants to run and he’s clearly letting everyone know,” the source told The Hill.

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Despite Biden’s horrible approval ratings, the Democrat Party apparently believes he is the most likely Democratic candidate who could defeat Donald Trump in a potential rematch.

“I believe he thinks he’s the only one who can beat Trump,” the source said. “I don’t think he thinks there’s anyone in the Democratic party who can beat Trump and that’s the biggest factor,” the source familiar with the Obama-Biden talks said.

In addition to Biden’s low approval rating, he is also facing increased scrutiny as a federal criminal investigation into his son, Hunter, strengthens. The Biden family scheme has begun to unravel as a grand jury looks at allegations of tax fraud, money laundering, and the violation of lobbying laws.

Joe Biden is implicated in 11 of Hunter’s business dealings as well as Joe’s brother Jim and his brother-in-law Jack. In a text message to his daughter, Hunter revealed that his father, Joe, takes half of his salary. This involvement in the family scheme is not merely a violation of the White House’s Ethics Policy, but rather a violation of serious federal laws.

A left-wing cover-up scandal wrongfully buried this information about Joe and Hunter’s multimillion-dollar global influence-peddling scheme. Just months before the 2020 presidential election, censorship stemming from big tech and liberal fact-checkers incorrectly labeled the story “False.” The threads are finally beginning to unravel as Joe and Hunter’s shady business dealings are being heavily scrutinized.

The problem for the Bidens isn’t simply Hunter’s laptop from hell. The bigger problem is that their former business partners are beginning to talk about their involvement in the scheme. When the FBI shows up at your door, things suddenly change. Joe and Hunter’s former business partner, Tony Bobulinski, gave the FBI a six-hour interview as well as a trove of documents, emails and encrypted messages. Bobulinski hasn’t testified yet in front of the grand jury investigating the case. If he does not testify before the grand jury, something is very wrong.

In a damning admission, Bobulinski has publicly named Joe Biden as the “Big Guy,” referenced in emails and text messages, whose 10% equity in a joint venture with Chinese energy company CEFC was held for him by Hunter. Joe and Hunter Biden repeatedly flew on Air Force Two to meet their business partners in China. Biden also wrote a college recommendation letter and faxed it directly to the president of Brown University on behalf of the son of their Chinese business partner.

In the last two years of Joe’s vice presidency under Barack Obama, the family really cashed in before the moment passed. The Biden family received millions of dollars wired by Chinese energy company CEFC. The company used the Biden name to advance the interests of Communist China in Oman, Luxembourg, Romania, the Middle East and Asia.

The White House’s position on this issue is unsustainable. First of all, the White House spokespeople said the president stands by his pre-election statement that Hunter never received any money from China. This is patently false. Banks flagged massive wire transfers coming from China to Hunter’s company as “potential criminal activity,” which triggered the FBI’s investigation.

Dementia-ridden Joe Biden has claimed over and over that he has no knowledge about the corrupt business dealings involving his son Hunter, his brother James, and his brother-in-law Jack. Going a step further, White House chief of staff Ron Klain has gone on TV to declare that the president remains confident his son didn’t violate the law.

While the entire Biden family is cashing in on the career and power of Joe Biden, the “big guy” himself is conveniently unaware and has never spoken to Hunter about Joe’s 10% cut.

More on this story via The Hill:

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The White House did not provide comment on the conversations between Biden and Obama. A Biden adviser pointed to the president’s public comments that he intends to run again.

Beyond the rough political winds and poor approval ratings, it is Biden’s age that has fueled questions about his future.

Biden, 79, was the oldest president to take office at 78 and would be 82 at the start of his second term, should he successfully seek one.

A CNBC survey released last week found that only 38 percent of Americans approve of the job that Biden is doing as president, while 53 percent disapprove. On the economy specifically, Biden gets lower marks, with 35 percent approving of his job handling the economy and 60 percent disapproving.

A FiveThirtyEight average of recent polls puts Biden’s approval rating at just under 42 percent.

Still, the environment could look different by the start of next year. The White House and outside economists expect inflation to begin to ease. More Americans are getting back to their normal lives during the pandemic. That could put Biden on better footing heading into the 2024 campaign season.

“He can recover,” said Basil Smikle, a Democratic strategist and director of Hunter College’s public policy program. “A lot will depend on the outcome of the midterms. If Democrats don’t fare very well, he’ll be going into 2024 from a position of weakness, if you will.”

Barbara Perry, director of presidential studies at the University of Virginia’s Miller Center, noted that a handful of modern presidents have recovered from challenging times to successfully seek reelection, including former Presidents George W. Bush, Clinton and Obama.