Mitt Romney won't run for president in 2016

(Image credit: Justin Sullivan/Getty Images)

In an 11 a.m. call with senior donors, Mitt Romney announced that despite heavy speculation that he would step into the 2016 race, he will not consider a presidential run. "After putting considerable thought into making another run for president, I've decided it is best to give other leaders in the Party the opportunity to become our next nominee," Romney said.

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Meghan DeMaria

Meghan DeMaria is a staff writer at TheWeek.com. She has previously worked for USA Today and Marie Claire.