Haley finishes 3rd, Ramaswamy drops out after finishing 4th.
The first election of the 2024 presidential primaries is in the books, and former President Donald Trump was the big winner. ABC News projects that Trump finished first in the Iowa caucuses, about 30 percentage points ahead of second-place finisher Florida Gov. Ron DeSantis. Former U.N. Ambassador Nikki Haley is projected to finish third, while businessman Vivek Ramaswamy is projected to finish fourth. As a result, Ramaswamy has dropped out of the presidential race.
Throughout the night, 538 reporters broke down the results in Iowa in real time with live updates, analysis and commentary. Read our full live blog below.
ABC News can now project that DeSantis will finish second in the Iowa caucuses. It was really by the skin of his teeth, though, with 21 percent to Haley's 19 percent. It was the absolute bare minimum performance DeSantis needed to keep his campaign alive.
—Nathaniel Rakich, 538
Trump gave a victory speech to supporters in Iowa at about 10:30 p.m., and spent an uncharacteristically long time talking about other people. He thanked his supporters, his family, and even his opponents. It took several minutes for him to pivot to his target for the night: Biden, and, in doing so, he picked up the mantle of presumptive nominee.
Here, he listed some of the themes of his campaign, immigration and increasing energy production. He borrowed a phrase from former vice presidential candidate and Alaska Gov. Sarah Palin and said, "Drill, baby, drill." (He even made a joke about electric vehicles.) In talking about immigration he repeated a number of falsehoods about a border that's out of control and immigrants coming in from "insane asylums," echoing some of the themes from his 2016 campaign launch.
In truth, Biden has ramped up deportations, deporting more families and children than Trump did in his last year in office. But border crossings have surged regardless, Republican voters care a lot about immigration, and voters trust Republicans more on the issue. In a reversal of 2020, Trump is poised to be a challenger instead of an incumbent president in this round, and he's already throwing punches.
—Monica Potts, 538
Trump speaks after Iowa caucus projected win
Our colleagues at ABC News are reporting that Ramaswamy will drop out of the race momentarily. Bloomberg News's Jennifer Jacobs further reports that he is going to endorse Trump in his concession speech.
—Nathaniel Rakich, 538
In response to Jacob's point about whether we're seeing the decline of retail politics, I'm of two minds. The major story of retail politics in Iowa is still Jimmy Carter in 1976, so that's quite a while ago now, and a huge transformation in how much mass media can allow candidates to reach voters. Politics has also become a great deal more nationalized, which threatens some of what makes the Iowa caucuses distinct — less emphasis on ethanol, more emphasis on culture war. So in that sense, I can see that the more traditional retail-style politics has been a weird fit for our environment for a while now.
But it seems worthwhile to point out that a former president who was also a major media figure for several decades is a bad test case for this. Of course, it's an uphill climb for politicians without national reputations (or with fairly new ones) to compete with that, even by visiting lots of counties in Iowa. I think we should be cautious about drawing too many conclusions about retail politics with a figure like Trump in the race.
—Julia Azari, 538 contributor
