According to the Washington Post, Jon Huntsman(CFR MEMBER) will drop his presidential bid today and back Mitt Romney (Bain Capital/Clear Channel).
Former Utah governor Jon Huntsman has decided to end his presidential candidacy and will formally exit the race on Monday, according to two sources briefed on his thinking. He is expected to endorse former Massachusetts governor Mitt Romney.
Huntsman had pledged to soldier on after a disappointing third place finish last week in New Hampshire’s primary. He insisted his showing amounted to a “ticket to ride” to South Carolina.
But, political reality seems to have hit Huntsman and his team over the last few days as polling in the Palmetto State, which will hold its primary on Jan. 21, showed him in single digits.