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Buttigieg dropping out of presidential race

Pete ButtigiegPete ButtigiegOVERNIGHT ENERGY: Senate majority offers Biden new avenues on Trump environmental rollbacks | Democrats eye action on range of climate bills | Biden pushing to cancel Keystone XL pipeline as soon as he takes office: reports Biden rolls out group of deputy secretary nominees On The Money: Retail sales drop in latest sign of weakening economy | Fast-food workers strike for minimum wage | US officials raise concerns over Mexico's handling of energy permits MORE is dropping his presidential bid after a disappointing showing in South Carolina, ending a meteoric rise that saw the once-obscure former mayor of South Bend, Ind., beat out several bigger-name rivals in the race for the Democratic nomination.

Buttigieg is on his way to South Bend, where he will make the announcement later tonight.

The then-mayor launched his campaign last April, touting a unifying message and the promise of generational change in Washington. 
 
 
He also sought to attract moderate voters of all stripes, often talking about his conversations wooing "future former Republicans."
 
Buttigieg also notably made history as the first openly gay presidential candidate on a major party ticket. His husband, Chasten, became a staple of his campaign, particularly on social media. 
 
"Sadness. Disappointment. Huge respect. Pete did the math and wanted to make sure his voters had a chance to cast meaningful votes on Tuesday for a candidate who could still prevail in Milwaukee," Rep. Don Beyer (D-Va.), who was the first member of Congress to endorse Buttigieg, told The Hill. "Pete's best days still lie ahead. He earned the respect and affection of tens of millions of Americans."
 
Ever since his campaign's launch, Buttigieg's support in the polls fluctuated. It peaked during his performance in the Iowa caucuses, where he narrowly won the delegate share over Sanders.
 
However, the former mayor fared worse in Nevada and South Carolina, where he came in third and fourth place, respectively. Buttigieg struggled to gain traction among minorities, especially black voters, with some polls placing his support from the voting bloc at zero percent. 
 
His critics also sought to highlight several racially charged controversies he has dealt with in South Bend, including his demotion of the city’s first black police chief.
 
Buttigieg's decision to drop out of the race comes after billionaire Tom SteyerTom SteyerOn The Trail: The political losers of 2020 Biden Cabinet picks largely unify Democrats — so far Late donor surges push election spending projections to new heights MORE suspended his campaign on Saturday following a poor showing in South Carolina. 
 
The former mayor is the first of the major moderate candidates to drop out, leaving former Vice President Joe BidenJoe BidenWoman accused of trying to sell Pelosi laptop to Russians arrested Trump gets lowest job approval rating in final days as president Trump moves to lift coronavirus travel restrictions on Europe, Brazil MORE, Sen. Amy KlobucharAmy KlobucharGoogle completes Fitbit acquisition Hillicon Valley: Fringe social networks boosted after Capitol attack | Planned protests spark fears of violence in Trump's final days | Election security efforts likely to gain ground in Democrat-controlled Congress US Chamber of Commerce to stop supporting some lawmakers following the Capitol riots MORE (D-Minn.) and former New York City Mayor Michael BloombergMichael BloombergBiden selects Gina Raimondo for Commerce chief: reports 7 surprise moments from a tumultuous year in politics NFL, politics dominate 2020 ratings MORE (D-N.Y.) in the race.
 
Scott Wong contributed.