Washington (CNN) – Newt Gingrich will officially end his bid for the Republican presidential nomination and formally express his support for Mitt Romney next week, two sources close to Gingrich tell CNN.
While details are still being worked out, Gingrich is likely to hold his final campaign event Tuesday in Washington, DC where he will make the announcement surrounded by his family and supporters.
It is not surprising that Gingrich is suspending his campaign for the White House as he has all but acknowledged it is winding down and Romney is the presumptive GOP nominee.
"When he says he is transitioning, what he means is that he is trying to determine as a citizen how he will pro-actively help Mitt Romney become president and the Republican Party win back the Senate and help (House Speaker) John Boehner keep his majority in the House," said one of the sources, who spoke on the condition of anonymity.
It appears that Gingrich's focus will be much broader than the presidential campaign, as the former speaker, who made his name and career in the House, plans to be actively involved in helping the GOP take back control of both sides of Capitol Hill.
"It is not enough to beat Barack Obama, we also have to help the Republican Party keep the majority in the House and win back the majority in the Senate," the source said.
The decision to hold the event next week was due to logistical reasons, the sources said.
Even if Newt endorses Mitt Romney publicly, he hates Romney so much, that I am pretty sure he is going to hit the button that says Obama-Biden on the voting machine on election day.
Isn't it so entertaining to watch these guys drop out only to endorse a person that just weeks ago they stated did not hold the views of the GOP and couldn't beat Obama? Hopefully America wakes up and not only re-elects Obama, but also gives a majority of the House and Senate to the Democrats.
Once upon a time. Herman Cain was at the helm of the GOP Race. Enough said. The GOP Manifesto right now is to make sure B.O. is a one term President. They should read their History more. Even if he loses, he can still run again in 2016 and pull a Grover Cleveland!
He's still in the race?
Remind me please, when did Noot begin his white house bid?
True capital comes from savings. It does not come from a printing press or by adding zeros on to electronic bank accounts. Too bad the inflation rate is higher than interest rates. Oh well, lets just go into debt everyone! Bust out the credit cards and empty your bank accounts, Its the true american way,
Ron Paul is right.
"I'm going to go all the way to Florida..." -Gingrich.