The suspense surrounding House Budget Chairman Paul Ryan’s potential U.S. Senate bid has ended almost as quickly as it started.
Rep. Paul Ryan, R-Wis., is staying in the House, and won’t run for the U.S. Senate, two well-placed GOP sources tell National Journal.
Ryan began informing close friends of his decision Tuesday and is expected to announce later in the day. Three GOP sources tell National Journal as soon as Ryan officially announces he won’t run for the Senate, former Wisconsin GOP Gov. Tommy Thompson, is expected to announce his candidacy for the Senate seat being vacated by Democratic Sen. Herb Kohl, who recently announced he was retiring.
Thompson is a proven vote-getter in Wisconsin, but its been a decade since he’s hit the campaign circuit and it may take some time for him to knock the rust off. Still, his name recognition, fund-raising prowess and record of policy innovation make him a formidable candidate in a race Democrats were not expecting to contest two months ago.