Tea Party Favorite Bachmann Won’t Run for Re-Election

She waged an unsuccessful presidential bid last year

   

bachmann 221x300 Tea Party Favorite Bachmann Wont Run for Re ElectionFour terms in the U.S. House of Representatives are enough for Michele Bachmann.

The Minnesota republican posted a video on her website on Wednesday declaring that she will not seek a fifth term in office next year. Last year, Bachmann eked out a slim win over a Democrat challenger, but supporters had expected her to run again, the Associated Press noted.

Bachmann became well-known for her strident conservative views and occasionally inflammatory remarks that seemed ready-made for cable television debates. She launched a failed presidential bid last year, hoping to leverage her popularity with arch conservatives and the Tea Party.

However, after amassing considerable campaign debts and no state wins, Bachmann ended her campaign for the White House. A former campaign aide has accused her of violating campaign financing laws, promoting a review by the Federal Election Commission.

In her video statement, Bachmann said her decision wasn’t based on re-election fears. She didn’t not indicate any specific post-Congress career plans, but said she would consider all options.

The opinions contained in this column are solely those of the writer.

Want to share your own views on money and politics? Drop us a line at letters@investorplace.comand we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.


Article printed from InvestorPlace Media, http://investorplace.com/investorpolitics/tea-party-favorite-bachmann-wont-run-for-re-election/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.