Despite about 200,000 reported subscription cancelations, Washington Post owner and billionaire owner Jeff Bezos defended his decision to cease presidential endorsements days before the 2024 election, ending a decades-long tradition dating to the early 1990s.

Bezos, the world’s third-wealthiest man and the chairman and founder of Amazon, doubled down on his decision in an opinion piece Monday night published on his paper’s website. He cited America’s loss in faith in news organizations, which has steadily fallen since the 1970s, as among the reasons not to endorse candidates.