Andrew Yang ends presidential bid

NASHUA, N.H. — Businessman Andrew YangAndrew Yang6 ways the primary fight is toughening up Democrats for the fall general election The Hill's Morning Report - Sanders steamrolls to South Carolina primary, Super Tuesday Yang calls on someone to 'pull an Andrew Yang' and bow out of 2020 race MORE suspended his presidential campaign on Tuesday after a meteoric rise that saw him outlast several other higher-profile Democratic candidates.

"While there is great work yet to be done, you know I am the math guy," Yang told supporters on Tuesday. "It is clear tonight from the numbers that we are not going to win this race.”

"I am not someone who wants to accept donations and support in a race we will not win," he continued. 

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"And so tonight, I am announcing I am suspending my campaign for president," he said to audible disappointment among his supporters, with one yelling, "We love you, Andrew." 

Yang thanked his supporters in a tweet on Tuesday before it was revealed that he was dropping out. 

Yang defied expectations throughout the campaign, climbing into the race’s mid-tier in the second half of 2019.

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The tech entrepreneur outlasted sitting senators and governors in the race, including Sens. Kamala HarrisKamala Devi HarrisBiden looks to shore up lead in S.C. House passes historic legislation to make lynching a federal hate crime This week: House to vote on legislation to make lynching a federal hate crime MORE (D-Calif.) and Cory BookerCory Anthony BookerDemocrats' Obama-to-Sanders shift on charter schooling This week: House to vote on legislation to make lynching a federal hate crime Juan Williams: Black votes matter MORE (D-N.J.) and Washington Gov. Jay InsleeJay Robert InsleeOvernight Energy: New Interior rule would limit scientific studies agency can consider | Panel battles over tree-planting bill | Trump to resume coal leases on public lands Andrew Yang ends presidential bid Bloomberg, Steyer focus on climate change in effort to stand out MORE (D). 

Yang gained national exposure on the race’s debate stages, making every debate stage except the Des Moines, Iowa, debate in January. 

Yang frequently used his time on the debate stage to tout his universal basic income platform, which he called the Freedom Dividend. 

The presidential candidate launched the Freedom Dividend Pilot Program in September, in which at least 10 American families will receive $1,000 a month, or $12,000 a year.

“This is how we will get our country working for us again — the American people,” Yang said during the September debate where he announced the program. 

Updated at 8:38 p.m.