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.
Good Riddance. How many millions went to complete waste for this?
So does this mean we are not going to the moon Mommy? So does this mean Kalita does not have to begin measuring for the White House drapes Mommy? So does this mean that all the talk about his campaign going all the way up to convention in Tampa was all a lie Mommy?
Mommy: Yes, son, it means all of that and more. Now run along and go outside and play.
All of these comments are what really sicken me. Of course he wasn't even a hopeful, none of them are... but we can't get a good leader in the polls because they all have skeletons in the closet. All we get are 'politicians' who can talk... but we haven't had one who can act in a while. I hate to pinch my nose and vote socialist but it looks like I won't have much of a choice. Actually, there is Ron Paul... and he's got more sense than the entire GOP and Obama Administration combined... too bad the people don't see him as a Leader
One less "Repugican" hypocrite in the race. Now he can begin the search for his fourth wife. Good-bye Newt!! yay!!
That is sad, I really wanted to book a vacation on the moon one day.
So many millions wasted on candidates that never stood a chance. Obama has this in the bag.
Romney is going to have a good race with Obama. Edge Obama....for now...
Mitt Romney eight more years, Barack Obama zero more years. Happy Days are here again
Suspend is evidently the new word for quit. I think it's spelled G-O-P.
Baby Huey finally gives up.
Romoney bought him out and has agreed to pay his campaign defcit – watch when this story hits – another case of no democracy bur simply MONEY
this is news? I knew this MONTHS ago. Good things come to those who wait.
Can we please stop covering him? This clown is a deranged distraction and an embarrassment. I don't like using a cliche, but he really is a legend in his own mind, perhaps he can buy his plastic wife a new baubles or something, but please make him go away. The only person that was more embarrassing to the GOP was Herman Caine.
Dang. Just when he was on the verge of winning.
Gingrich was the smartest of all candidates in the Republican race. Unfortunately, it is no longer about that. It's about beating Barry Obama and getting him out of the White House, and that is a goal worth supporting. I would vote for anyone but Obama. Charlie Sheen, Daffy Duck, it doesn't matter. What matters is getting the Apologizer in Chief out of the White House. Romney is just fine by me....
His White House run ended many months ago, only he is just finding that out now.
It is about time Newt Gingrich!
Now pay your bills & cover all of your debt so the "little" guy does NOT have to suffer.
God he's gross. The worst thing about Newt is his whole "sanctity of marriage" nonsense, even though he has cheated on and divorced all of his thousands of wives. It's sickening that a person can be so delusional, selfish, hypocritical and bigoted.
If one more dimwit mentions Ron Paul.....the guy is a religious crack pot who hides behind the smaller government stuff.
Congratulations to Presidential Aspirant Mitt "Etch-a-Sketch" Romney for finally being able to persuade Newt "Moon Colony / Don Quixote" Gingrich to step aside. Now the next question is why Mr. Rick Santorum only "suspended" his campaign. Anyway, congratulations ahead of time to President Obama on his second term.
Ha! i didn't realize he was still iin.
Shocking! This is really going to shake things up now, right? I couldn't see this one coming...
Yes, it's going to take him a week to figure out how to take back 70% of the things he said about Mitt!
We're going to dominate this fall– it'll look like the Tea Party Patriots vs. the New England Patriots.
Yay! Newt is the prime example of what is wrong in Washington, and too bad that 90% of them are just like him.
The race is not over... did CNN forget about Ron Paul once again? Yes... yes they did