Rand Paul, the libertarian-minded freshman senator who was once viewed as a formidable presidential contender, is suspending his White House bid.
Paul discussed the matter with staff Wednesday morning and sent out a statement confirming the decision to drop out of the Republican presidential primary.
"It's been an incredible honor to run a principled campaign for the White House," Paul said in the statement. "Today, I will end where I began, ready and willing to fight for the cause of Liberty."
Paul, a Kentucky Republican, is expected to instead place his focus squarely on his Senate reelection bid, where he faces a wealthy Democrat, Lexington Mayor Jim Gray, who has the money to partially finance his campaign.
Paul finished a disappointing fifth place in Monday's Iowa caucuses, registering just 4.5% of the vote despite placing a heavy emphasis on the state's college towns to bring out younger voters inspired by his libertarian-minded message. He promised that night to continue his campaign.
Paul will not make an endorsement in the GOP presidential race before next week's New Hampshire primary, his spokesman Sergio Gor told CNN.
But sources close to Paul said a morning-after review made clear to Paul that there was not a viable path to winning the Republican nomination and that fund-raising was becoming extremely difficult.
Well, that's because despite Rand Paul's goofy-ass brand of Glibertarian Nonsense, he has all the charisma of a urinal cake. Besides, all the dudebros ended up with Bernie, so.
Ironically, Sanders served a damn useful purpose helping to get rid of Rand.