Republican, 2012 Presidential Election | featured news

Herman Cain said today he is suspending his presidential campaign, acknowledging the toll it has taken on him and his family as he battled allegations of an affair and sexual misconduct. The businessman vowed to endorse one of his GOP rivals and announced he would try to change Washington from the outside. Cain unveiled a new website, thecainsolution.com.

The real estate mogul will moderate a debate with conservative media outlet Newsmax a week before Iowa caucus.

Just days after a "disastrous" interview on the network, Mitt Romney was back on Fox News Channel on Friday (see video below), armed with fresh attacks on his new chief rival, Newt Gingrich.

Herman Cain's departure from the presidential campaign would do little to change the 2012 primary race, as his support would be carved up among the Republican field, an analysis of Reuters/Ipsos poll data said on Wednesday.

White told CNN affiliate WSB that the relationship was sexual in nature. White told WAGA the affair ended early this year as Cain prepared to announce his presidential bid. But she pointed to mobile phone records she said prove Cain was calling her as late as September, including one call at 4:26 a.m.

Four years ago, Mitt Romney was done in when he ended up fighting a multi-front battle against different opponents. This year, it has been his lucky fate to escape any real battles from any specific opponent. That will soon change. Romney’s 2008 strategy, built on the assumption that someone not nationally known could take the nomination only by winning early and often, was based on some sound assumptions. What he didn’t anticipate was how the campaign would unfold against him.

Republican presidential candidate Jon Huntsman called Monday for a major financial overhaul that would break up too-big-to-fail banks and deliver justice to homeowners and investors harmed by rogue foreclosures.

Herman Cain told members of his campaign staff on Tuesday that he was reassessing whether to proceed with his presidential campaign, an aide confirmed, a day after an Atlanta woman disclosed details of what she said was a 13-year affair with him... Mr. Cain denied the accusations from the Atlanta woman, Ginger White. But he acknowledged that the latest report of sexual misconduct might be more difficult to overcome, considering that the first voting is set to take place in five weeks at the Iowa caucuses. He said that he had not lost his enthusiasm to run, but suggested it was a distraction that could be difficult to recover from.

A new woman alleged a 13-year-old affair with Republican presidential candidate Herman Cain on Monday, prompting the former Godfather's Pizza CEO to issue fresh denials of any wrongdoing.

New Hampshire's largest newspaper on Sunday endorsed former House Speaker Newt Gingrich in the 2012 GOP presidential race, signaling that rival Mitt Romney isn't the universal favorite and potentially resetting the contest before the state's lead-off primary Jan. 10.