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No Labels, a political organization that has billed itself as a bipartisan solution to the United States’ deeply divided two-party system, announced it would not introduce a third-party candidate to compete against Joe Biden and Donald Trump in the upcoming November presidential election.

This decision was made public, marking a significant moment in the organization’s efforts to present an alternative to the dominant Republican and Democratic parties, which have historically left little room for third-party contenders.

The organization’s choice came after failing to secure a high-profile centrist figure willing to spearhead its cause. Nancy Jacobson, CEO of No Labels, said, “No Labels has always said we would only offer our ballot line to a ticket if we could identify candidates with a credible path to winning the White House. No such candidates emerged, so the responsible course of action is for us to stand down.”

This move is set to crystallize the electoral battle solely between Biden and Trump, both of whom have seen their popularity wane in recent months, and positions Robert F Kennedy Jr as the remaining prominent outsider in the race.

Despite accumulating substantial funds and securing ballot access in 21 states, the organization’s efforts to nominate a viable candidate — including figures such as Nikki Haley, Joe Manchin, Larry Hogan, and Chris Christie — ultimately did not come to fruition. These developments have brought relief to many within the Democratic Party who feared a No Labels candidate could dilute Biden’s support, especially in pivotal swing states.