US Vice President Joe Biden will run for 2020 presidential race

United States Vice President Joe Biden on Monday said that he will run for the presidential race in 2020.

Having been jointly elected twice with President Barack Obama, the 74-year-old Democrat was asked by reporters if he would run for office again after the completion of his term. "Yeah, I am. I am going to run in 2020," Biden was quoted as saying by CNBC.

When asked about the position he would be running for, the Vice President said, "For President. And also, you know so, what the hell man, anyway. I'm not committing not to run. I'm not committed to anything. I learned a long time ago, fate has a strange way of intervening."

Biden had run for Democratic presidential race in 1988 and again in 2008. However, he dropped out of both the bids quite early in the race. Biden is the first Roman Catholic Vice President, and has been teetotal since a young age.

It was speculated that Biden would challenge Democrat Hillary Clinton for the 2016 presidential elections. But he later refused to run for the race saying that the opportunity had passed on "mounting a realistic campaign for President." Biden later campaigned for the 2016 presidential race Democratic nominee Clinton.

Biden, who will be 78 at the time of the next election, was first elected as a US Senator from Delaware in 1973 and he won re-election at least six times for the same position.

Biden developed a much higher public profile during his terms as Obama's second-in-command. He is also considered as one of the most powerful vice-presidents in American history. Biden shares a close relationship with President Barack Obama.