Jessica Taylor

It turns out running for president isn't typically a good investment.

Only one major self-funding candidate — Donald Trump — has ever won the Oval Office. Still, some Democratic hopefuls are trying.

The primary already features two wealthy businessmen almost entirely self-funding their campaigns: Tom Steyer and John Delaney. Another billionaire, former New York City Mayor Michael Bloomberg, is looking at jumping into the race. Nonetheless, history shows that whether running for the White House or another office, candidates bankrolling their own bids are rarely successful.

As the Founding Fathers were drafting the U.S. Constitution, they were explicitly trying to avoid a repeat of the situation they had just fought a war to free themselves from — a ruler with unchecked power.

While they wrote a bare minimum about impeachment in the country's essential governing document, other writings from the time provide rich insights about their intentions.

Updated at 8:29 p.m. ET

Rep. Jim Jordan, R-Ohio, is doubling down on his defense of President Trump as well as Rudy Giuliani's role in the Ukraine controversy amid the impeachment inquiry.

More than a week after Election Day, Republican Gov. Matt Bevin is conceding the Kentucky gubernatorial election to Democratic Attorney General Andy Beshear after a recanvass failed to significantly change the close final margin.

"We are going to have a change in the governorship based on the vote of the people," Bevin said at an afternoon news conference.

Former Massachusetts Gov. Deval Patrick is officially joining the 2020 Democratic presidential race less than three months before voters start casting ballots.

"I admire and respect the candidates in the Democratic field. They bring a richness of ideas and experiences and depth of character that makes me proud to be a Democrat. But if the character of the candidates is an issue in every election, this time is about the character of the country," Patrick said in an announcement video published online Thursday morning.

Ten Democratic candidates will debate next week in the fifth primary face-off, which has increasing importance, with presidential hopefuls set to face voters in fewer than three months.

With the House set to begin public hearings Wednesday for the impeachment inquiry into President Trump, the man leading the Democrats' investigation says he already sees several potential impeachable offenses Trump has committed, including bribery.

Former South Carolina Gov. and Rep. Mark Sanford has ended his long-shot Republican primary challenge to President Trump.

Sanford announced he was withdrawing Tuesday at a news conference in New Hampshire, the early primary state he had made the focus of his struggling White House bid.

Sanford blamed the impeachment inquiry against Trump for making it harder to make policy-based arguments against the president, including deficit reduction and slashing government spending.

Updated at 7:35 p.m. ET

Former New York Mayor Michael Bloomberg is weighing a late entrance into the Democratic presidential primary, reversing course from this spring, when he said publicly that he would not run.

Massachusetts Democratic Rep. Ayanna Pressley is endorsing her home-state senator Elizabeth Warren for president, breaking with her other high-profile freshmen female colleagues who have come to be known as "the squad."

Copyright 2019 NPR. To see more, visit https://www.npr.org.

MARY LOUISE KELLY, HOST:

Updated at 2:45 a.m. ET Wednesday

Democrats had a strong election night on Tuesday, leading the race for governor in Kentucky and taking back full control of the Virginia legislature for the first time in nearly a quarter century.

Voters in four states head to the polls on Tuesday for general statewide elections of note. These off-year contests may not be as high profile as the 2020 presidential and congressional elections will be a year from now, but they could offer some important hints on how voters are feeling about President Trump, impeachment, guns and more.

The ideological divisions between the leading Democratic candidates for president were on clear display at the rowdy Iowa Liberty and Justice Celebration on Friday evening.

Massachusetts Sen. Elizabeth Warren took aim at her more moderate rivals during her remarks, slamming them for "vague ideas that are designed not to offend anyone."

Updated at 6:10 p.m. ET

Former Texas Rep. Beto O'Rourke ended his presidential campaign on Friday after struggling to translate the energy from his 2018 Senate bid into a successful White House campaign.

"Our campaign has been about seeing clearly, speaking honestly and acting decisively in the best interests of America," O'Rourke wrote in a statement on Medium.

Pages