ABC News’ Polson Kanneth reports:
Sarah Palin will not run for president. She made the announcement in a letter to supporters Wednesday night.
Palin’s letter read in part:
October 5, 2011 Wasilla, Alaska After much prayer and serious consideration, I have decided that I will not be seeking the 2012 GOP nomination for President of the United States.
... I believe that at this time I can be more effective in a decisive role to help elect other true public servants to office – from the nation’s governors to Congressional seats and the Presidency.
...I will continue driving the discussion for freedom and free markets, including in the race for President where our candidates must embrace immediate action toward energy independence through domestic resource developments of conventional energy sources, along with renewables. We must reduce tax burdens and onerous regulations that kill American industry, and our candidates must always push to minimize government to strengthen the economy and allow the private sector to create jobs.
Those will be our priorities so Americans can be confident that a smaller, smarter government that is truly of the people, by the people, and for the people can better serve this most exceptional nation.
In the coming weeks I will help coordinate strategies to assist in replacing the President, re-taking the Senate, and maintaining the House.
This announcement ends months of speculation on "will she or won’t she" with regard to her plans to run for the highest office in the United States. Her announcement came one day after New Jersey Gov. Chris Christie said he would not run. Republican insiders say the field is set. It includes former Massachusetts Gov. Mitt Romney and Texas Gov. Rick Perry.
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