Senator Rand Paul (R-TX) speaks during a caucus day rally at his Des Moines headquarters on February 1, 2016 in Des Moines, Iowa. The Presidential hopeful was accompanied by his wife, Kelly, mother, Carol Wells and his father, former Congressman Ron Paul. Pauls were there to thank all the staff and volunteers for all their hard work in Iowa. (Photo by Pete Marovich/Getty Images)
MIAMI (CBSMiami) — Kentucky Sen. Rand Paul has decided to suspend his run for president, according to a statement released by his campaign Wednesday.
Paul becomes the third candidate to drop out of the race following the Iowa caucuses. Former Gov. Mike Huckabee (R-Ak) and former Gov. Martin O’Malley (D-Md) both dropped out this week.
Paul took about 5 percent of the vote in Iowa, finishing in fifth place.
According to CBS News’ battleground tracker, Paul was polling at just 3 percent in New Hampshire, the next nominating contest for the Republican party.
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