"Today, our presidential campaign ends, but it is the start of a congressional opportunity with a new perspective shaped by the lives that have affected me and our campaign over the last three months to bring this promise America to all Americans, "said Swalwell and spoke at his campaign office in California.
"To believe that it will be the next generation whose leadership will solve climate chaos, cure our lifetime of health care, solve student debt crisis and make sure we say enough is enough, we don't have to live anymore here and that we love our children more than we love our weapons, "he said.
He continued, "I'm fired up to do the work I've already done in Congress."
Swalwell's exit from the 2020 race will make him the first candidate to fall out since the campaign began seriously.
He announced his long-shot presidential bid in April and promised to build a campaign that focused on the need for generational change in the Democratic Party and his commitment to confronting arms violence in the United States. [1
He recently canceled a two-day trip to New Hampshire on July 3 and 4 in the first signal that his campaign could end.
"That candidate was Sen. Joe Biden," Swalwell added when the audience gasped. "He was right when he said it 32 years ago. He's still right today."
Biden shot back: "I hold on to the torch. I will make it clear."
But it was not enough to sustain Swalwell's campaign, which fought to attract attention to the democratic area despite the candidate's accessibility to the media.
Throughout his campaign, Swalwell called on Democrats to "go big and be brave." He suggested a gun repurchase program to get specific weapons from US streets and said he would fund an armistice investigation.
Standing outside the National Rifle Association headquarters in Virginia in June, Swalwell said, "We're not just here to stand up for the NRA … we're here to beat NRA."
But Swalwell's campaign came to times often defined by awkward moments as when he seemed to deliver a clever line in the June Iowa Democratic Party's Hall of Fame party.
"I want to be brave without the bull," said the congressman to a silent audience.