Gavin Newsom says 2024 presidential bid is ‘not gonna happen’

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California Gov. Gavin Newsom says he won’t make a White House bid in 2024, even if President Joe Biden didn’t seek re-election.

Newsom was touting California’s latest plan to ban the sale of new gasoline cars by 2035 during an “ABC News” interview on Thursday night. And he shut down rumors — again — that he may run for president in 2024 by flatly saying it’s “not gonna happen.”

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He also gestured to his casual on-camera outfit, which included a baseball cap, adding, “You think this looks like someone running for anything?”

Newsom had told the San Francisco Chronicle in May that chances of him running for president in 2024 are “subzero.” And he doubled-down on that sentiment on Thursday, adding, “No. I said ‘subzero,’ I’ve been doing it in foreign languages … I don’t know how many times I have to say it.”

Of course, being a governor in a highly populous state like California has been a stepping stone for future presidents over the last 40 years, including Ronald Reagan (who was also governor of California) and George W. Bush (former governor of Texas) as a few recent examples.

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Newsom also went on to praise Biden in the interview, saying the sitting commander-in-chief “can sleep better than any modern American president with what he’s accomplished in the last two years.”

Some have speculated that Biden, 79, won’t run for reelection in 2024 due to his age, but the White House has given every indication that he plans to seek another term — as has Biden, himself.

“My plan is to run for re-election,” Biden said during his first news conference as president. “That’s my expectation.”

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Betting markets favor Biden for the 2024 Democratic presidential nomination, but not overwhelmingly. Biden has a 35% chance to win his party’s nomination, according to PredictIt, and Newsom has the second-best odds at 16%, followed by Vice President Kamala Harris at 13%.

More political news on MarketWatch:

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