Rep. Paul Ryan focuses on House tax-writing committee, not run for presidency
WASHINGTON — Republican Rep. Paul Ryan announced Monday that he will not run for president in 2016, instead focusing on his work as chairman of a powerful tax-writing committee in Congress.
Ryan of Wisconsin was the Republican candidate for vice president in 2012. There had been much speculation about his ambitions for 2016.
But with the start of the new Congress last week, Ryan became chairman of the House Ways and Means Committee, which has jurisdiction over taxes, trade, Social Security and health care.
“After giving it a lot of thought, I've decided not to run for president,” Ryan said in a statement. “Our work at the House Ways and Means Committee over the next few years will be crucial to moving America forward, and my job as chairman deserves undivided attention.”
Ryan's announcement was made as his former running mate, Mitt Romney, is reaching out to former staffers and supporters in key states, signaling interest in a third run for president.