Gingrich drops presidential bid

Associated Press
FILE - In this April 25, 2012, file photo, Republican presidential candidate, former House Speaker Newt Gingrich speaks in Cramerton, N.C. Some of Mitt Romney’s former foes have yet to endorse him as the Republicans’ presidential nominee. Gingrich leaves the GOP campaign with his reputation battered and his wallet empty. He is looking to repair his standing in the party as the intellectual heavyweight and for an opportunity to push conservative policy goals. Romney, now the party’s leader, could afford him that platform. Gingrich is also carrying more than $4.5 million and would welcome Romney urging his supporters to help pay down that debt. (AP Photo/Chuck Burton, File)

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Newt Gingrich has officially suspended his presidential campaign at a press conference on May 2 in Virginia.

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