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Watch Joe Biden's speech from 1987 when he dropped out of his first presidential run

CNBC's Shepard Smith reports on the projected presidential election win by former vice president Joe Biden, and reacts to archival footage of Biden in 1987 from his first presidential run. Marc Morial, former Mayor of New Orleans and National Urban League president and CEO, also responds.
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Sat, Nov 7 20208:13 PM EST