Newt Gingrich Finally Ends Presidential Bid
NEW YORK (TheStreet) -- So long, Newt Gingrich.
The former House Speaker announced on Wednesday the official suspension of his presidential campaign after mounds of debt and a primary losing streak rendered him irrelevant in the race for the Republican nomination.
|Gingrich's long farewell|
"But suspending the campaign does not mean suspending citizenship. ... I've been an active citizen since August 1958 between my freshman and sophomore year of high school," Gingrich said in a press conference.
Gingrich's popularity surged in late November as Mitt Romney failed to rally enthusiasm and Rick Perry's string of gaffes left Republican voters hungry for a more appealing candidate.
But support began to wane in December as Romney staged ad attacks on Gingrich, who still refused to disappear.