Ending months of speculation, Vice President Joseph Biden went to the Rose Garden of the White House on Wednesday to announce that he will not make a bid for his party's nomination, leaving Hillary Clinton as the front runner for Democrats.

"Unfortunately, I believe we are out of time, the time necessary to mount a winning campaign for the nomination," Biden said, with both his wife and President Obama at his side.

In his remarks, Biden sounded more like a candidate than someone who wasn't running, as he vowed to stay in the picture for 2016.

"I intend to speak out clearly and forcefully to influence as much as I can where we stand as a party, and where we need to go as a nation," Biden said.