Entrepreneur Andrew Yang has dropped out of the 2020 presidential race, CNBC reports.
"I'm not someone who wants to take people's donations, support, time and dedication if I don't think we have a chance to win or advance our goals in the right direction," Yang said.
A senior Yang campaign official confirmed the news to the New York Times.
A long-shot Democratic candidate, Yang nevertheless attracted loyal support from a small group who self-identified as the "Yang gang." A major part of his campaign was universal basic income — which he dubbed a "freedom dividend" — promising $1,000 per month from the federal government to every American citizen over age 18.