Republican presidential hopeful Michele Bachmann has suspended her bid for the Presidency after coming in a distant sixth in the Iowa caucuses Tuesday night.
“Last night, the people of Iowa spoke with a very clear voice, and so I have decided to stand aside,” she said at a hastily-arranged news conference here.
“I have no regrets,” she added. “None whatsoever. We never compromised our principles.” She said she “looks forward to the next chapter in God’s plan.”
Bachmann did not endorse another candidate.
The congresswoman’s decision to pull out could favor rival Rick Santorum, who narrowly came in second to Mitt Romney.
Santorum, Bachmann and Texas Governor Rick Perry, who is “reassessing” his campaign, have been courting support from evangelical Christians. If a significant number of evangelicals eventually rally behind Santorum, his long-shot campaign could receive a major boost.