Pawlenty Takes Lobbying Job, Rules Out 2014 Bid
Posted at: 09/20/2012 10:12 AM
| Updated at: 09/20/2012 10:45 AM
WASHINGTON (AP) - Former Minnesota Gov. Tim Pawlenty is resigning as a national co-chairman of Republican Mitt Romney's presidential campaign to lobby for the financial services industry.
The Financial Services Roundtable announced Thursday that Pawlenty will become its new president and chief executive officer on November 1.
Pawlenty was an early entrant in the Republican presidential campaign, but he ended his bid last year amid poor polling before the primaries began. He was often mentioned as a potential running mate for Romney and has campaigned across the country for the nominee.
The Financial Services Roundtable said in a press release that Pawlenty was stepping down from the campaign because the group is a bipartisan organization.
Pawlenty rules out Minnesota electoral bid in '14
Pawlenty is ruling out any run for U.S. Senate or governor in 2014. Advisor Brian McClung says Pawlenty is taking those options off the table as he takes his new job.
Pawlenty had been mentioned as a possible candidate to take on Democratic Sen. Al Franken. Democratic Gov. Mark Dayton is also up for re-election in two years.
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