Biden defiantly charges ahead with election run despite speculation he would drop this weekend

President Biden has defiantly remained in the presidential race despite mounting calls from allies to drop out, and speculation that he would bow out as early as this weekend.

The Biden campaign has hit back against anonymous sources and speculation that Biden would end his campaign in the coming days, suggesting a pressure campaign was building to force Biden's hand.

"There are a lot of anonymous sources out there this week telling y’all what is and isn’t happening on Team Biden-Harris. I’m here – on the record (!) – to give you an overview of what actually happened, what’s to come, and a few thoughts on the very bad things coming out of the Republican National Convention," Biden campaign spokesman Kevin Muonoz said in a press release late last week.

The comment was released shortly following Newsmax's Mark Halperin reporting that unnamed Democratic sources informed him that Biden will drop out of the race as soon as this weekend, that he would not endorse Vice President Kamala Harris to take the mantle, and would call for an open convention during the Democratic National Convention in Chicago next month.

SEN. JOE MANCHIN CALLS ON BIDEN TO STEP ASIDE, PASS TORCH TO 'A NEW GENERATION'

"It will happen as early as this weekend. A speech has been drafted for him. He will continue on as president, is his intention. He also will not, I'm told, endorse Vice President Harris as his successor. They're hoping that he will endorse an open process in which the convention will be open to Vice President Harris and a few other candidates in Chicago to pick the Democratic nominee for president," Halperin said on Thursday.

CAMPAIGN CRISIS: DEMS WHO HAVE CALLED FOR BIDEN TO DROP OUT OR RAISED CONCERNS ABOUT HIS HEALTH

Axios also speculated