Rand Paul has officially dropped out of the race for the White House Wednesday morning after finishing fifth in the Iowa caucuses.

Paul, a first-term Kentucky senator, finished Iowa with only 4 percent of the vote. In comparison, his father, former Rep. Ron Paul finished third place finish four years ago.

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“It’s been an incredible honor to run a principled campaign for the White House,” Paul said in a statement. “Today, I will end where I began, ready and willing to fight for the cause of Liberty.”

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Paul said in an email to supporters: “Patriot,

Across the country thousands upon thousands of young people flocked to our message of limited government, privacy, criminal justice reform and a reasonable foreign policy. Brushfires of Liberty were ignited, and those will carry on, as will I.

Although, today I will suspend my campaign for President, the fight is far from over. I will continue to carry the torch for Liberty in the United States Senate and I look forward to earning the privilege to represent the people of Kentucky for another term.

Thank you for all of your support.

In liberty,

Rand Paul”

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