Biden Told Obama He's Running Again Despite Low Approval Ratings: Report

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President Joe Biden has divulged his 2024 reelection plans to former President Barack Obama, according to The Hill.

Sources say that Biden told Obama that he will run for president again during the 44th president's White House visit last month. Biden has publicly hinted at running for a second term but hasn’t officially confirmed his candidacy.

“[Biden] wants to run and he’s clearly letting everyone know,” a source close to Obama and Biden told The Hill.

Biden previously told reporters that he would be “very fortunate” to campaign against his Republican adversary and former President Donald Trump.

A source from The Hill said Biden believes he’s one of the only Democratic candidates that could beat Trump in the 2024 election. 

“I believe he thinks he’s the only one who can beat Trump. 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 said.   

However, Biden’s approval ratings have suffered from a struggling economy and rising inflation. 53 percent of Americans disapprove of Biden as president, while only 38 percent approve, according to last week's CNBC poll. 

Biden’s reelection chances are also plagued by questions about his age. At 78, Biden was the oldest person to ever win the White House — by 2024, he will be 82-years-old.

The state of the nation could change in the coming years while Biden remains in office, The Hill reports. Biden could be in a much better spot in the eyes of Americans as experts project inflation to decrease and the pandemic to ease.

The president has publicly said that "fate" would be a factor in his plans to seek a second term.

“I’m a great respecter of fate,” Biden said in a statement. “Fate has intervened in my life many, many times. If I’m in the health I am in now, if I’m in good health, then in fact I would run again.”

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