Kentucky Sen. Rand Paul suspended his Republican presidential campaign on Wednesday, after finishing fifth in the leadoff Iowa caucuses.
Though Paul actually exceeded expectations in the Iowa contest, Fox News is told he did not believe his campaign had the momentum to build upon going into the New Hampshire primary next week. The libertarian-leaning senator made the decision official in a brief statement.
“Across the country thousands upon thousands of young people flocked to our message of limited government, privacy, criminal justice reform and a reasonable foreign policy. Brushfires of Liberty were ignited, and those will carry on, as will I,” he said.