South Bend, Indiana Mayor Pete Buttigieg is suspending his presidential campaign. Axios writes:

“The small-town mayor shocked the political world by surging to the top of the Democratic field and winning the Iowa caucuses in January. But his inability to gain traction with black voters, as exemplified by his poor showing in Saturday’s South Carolina primary, called into the question the long-term viability of his campaign.“

The New York Times adds that Buttigieg raised $76 million in 2019, “an astonishing haul for a mayor with no national profile, Mr. Buttigieg spent nearly all his treasure in Iowa and New Hampshire. He faced campaigning across the coast-to-coast states of Super Tuesday with evaporating funds and little chance of clearing the threshold of 15 percent of votes needed to amass delegates.“