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Michele Bachmann ended her bid for the Republican presidential nomination Wednesday, hours after a disappointing sixth-place finish in the Iowa caucuses.

The Minnesota congresswoman suspended her campaign, a legal technicality that will allow her to continue to raise and spend campaign funds.

“Last night the people of Iowa spoke with a very clear voice and so I have decided to stand aside,” Bachmann told a crowd of supporters in West Des Moines. But, she added, “I will continue fighting to defeat the president’s agenda of socialism.”

“It is safe to say we don’t see a viable way forward,” a Republican source familiar with Bachmann’s campaign told CNN before the announcement.

Bachmann’s withdrawal is a blow to many die-hard tea party conservatives. The congresswoman, a leading populist conservative in the House of Representatives, has often led the GOP’s rhetorical charge against President Barack Obama’s agenda.

Via: CNN.com

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