WASHINGTON (AP)—Former Minnesota Gov. Tim Pawlenty has resigned as a national co-chairman of Republican Mitt Romney’s presidential campaign to lobby for Wall Street. He has also ruled out a run for governor or Senate in Minnesota in 2014.
The Financial Services Roundtable announced Thursday that Pawlenty will become its new president and chief executive officer on November 1. Pawlenty adviser Brian McClung told The Associated Press that Pawlenty ruled out the races as he prepared to take the job heading the Wall Street lobbying group.
“With this new position, Governor Pawlenty is taking off the table running for U.S. Senate or governor in 2014,” McClung said in an email. Pawlenty did not immediately respond to an email seeking comment.
Pawlenty was an early entrant in the Republican presidential campaign, but he ended his bid last year after a poor showing in the Iowa straw poll. He was also a finalist to be Romney’s vice presidential running mate.