By John WagnerPosted May 10, 2019 05:38:00Scott has been one of the leading contenders for the Republican presidential nomination, with a string of endorsements from GOP mega-donors, including Republican mega-billionaire David and Charles Koch, as well as billionaire industrialist and reality television star Donald Trump.
Scott’s announcement comes as a major blow to Trump, who has a huge lead in the polls.
But as he looks to the long-term future, Scott has said he will not run again in 2020.
In his statement released by his campaign, Scott said he believes in the principle of “small government, limited government, economic freedom, and personal responsibility.”
“While the future may be uncertain, I believe that I can be a part of a larger political conversation that helps move our country forward and that the time is now for my husband to step aside,” he said.
“I have always believed that if I did not make the decision to step down, then I would have made it anyway.
I would not have had to take a stand.”
Scott’s announcement came as the Republican National Committee announced that it will nominate Wisconsin Gov.
Scott Walker for the 2016 GOP presidential nomination.
Walker has been a prominent voice for limited government and economic growth, but he has yet to endorse Trump.
Republican National Committee Chairman Reince Priebus said in a statement Thursday that Scott will be the first governor in the party’s history to formally announce his campaign.
The announcement comes a week after Scott was hospitalized after collapsing during a rally in St. Louis.
His campaign said he was in stable condition Thursday.
The Associated Press contributed to this report.