Why is he even having this? We already knew he wasn’t running again. What’s new?
Good excuse for a campaign speech, and to try to salvage some pride after the humiliation of a lifetime. Pretending it’s a valedictory and not a surrender. Trouble is, he’s staying in office, so it’s neither fish nor foul as far as events goes. Like “goodbye, but I’m still here tomorrow and the next six months.”