Joe Biden admits he considered quitting 2024 presidential race

The 46th President is facing very few serious challenges, with Robert F Kennedy Jr quitting the Democratic Party primary to stand as an independent.

Despite standing in a crowded Grand Old Party field, Trump is tearing away from his Republican rivals after registering leads over nearest challengers Nikki Haley and Ron DeSantis of more than 40 per cent.

WATCH NOW: Joe Biden appears confused during a recent press conference

The situation could see the pair face-off next November.

Biden revealed Trump is his main motivation to stand for a second term.

Speaking at a campaign event in Boston, the Commander-in-Chief said: “If Trump wasn’t running, I’m not sure I’d be running. We cannot let him win.”

Trump got out of the blocks early by announcing his candidacy on just days after last year’s lacklustre midterm elections for the GOP on November 15.

Biden officially submitted his FEC filing in April, warning: "This is not a time to be complacent.”

However, there is precedent for Commanders-in-Chief to not seek re-election.

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James Polk, James Buchanan and Rutherford B Hayes, Calvin Coolidge, Harry Truman and Lyndon B Johnson all opted to only serve one full term in the Oval Office.

Biden’s most recent comments come as Trump suggested he would act as a dictator on his first day back in the White House.

The 45th President, who is hoping to emulate Grover Cleveland’s success in becoming just the second President to serve two non-consecutive terms in the Oval Office, revealed he would act as a dictator to close the southern border with Mexico and expand oil drilling.

Recent opinion polls suggest Trump has narrowed the seven million vote lead Biden opened up in 2020.

The situation could produce the closest election since George W Bush defeated Al Gore by winning Florida by just 537 votes.

Nationwide opinion polls suggest the 2024 race is too close to call, with Real Clear Politics giving Trump an average lead of just two points.

However, a recent survey by Redfield & Wilton suggests such a margin could be enough for Trump to flip Arizona, Florida, Georgia, Michigan, North Carolina and Pennsylvania.

Trump lost four out of the six swing states at the last election alongside Wisconsin.

The 77-year-old would return to the White House if his flipped the four states and held on to the others he carried in 2016 and 2020.

Despite now registering key opinion poll leads, Trump could afford to lose the popular vote but win the electoral college as he did in 2016.

However, while not facing many political obstacles ahead of November 5, Trump’s chances could be threatened by legal challenges.

The 77-year-old has been indicted four times and is facing charges for election interference in Georgia, a federal investigation over his alleged role in attempting to overturn the 2020 election, mishandling of classified material by taking documents to his home in Mar-a-Lago, a New York hush money case involving adult film star Stormy Daniels and a fraud probe in the Big Apple.

Trump was forced to cough up around $5million in compensatory and punitive damages to E Jean Carroll after a civil court found him liable of sexually abusing the magazine writer in the 1990s.