U.S. Rep. Dean Phillips has stepped down from his role as co-chair of the Democratic Policy and Communications Committee, signaling his potential candidacy in the 2024 presidential election. Phillips, a three-term congressman from Minnesota, will remain a member of the Democratic Caucus, and praised the work of his colleagues in a statement. His exit from the Democratic leadership role has sparked speculation about his potential candidacy, and could have a major impact on the 2024 race.