In a move that opens up another Senate seat for a possible Dem pickup, Senator Chuck Hagel (R-NE) will announce his retirement at a press conference on Monday, according to this morning's Omaha World Herald. He'll also take himself out of contention for the Presidency, the paper reports:
Hagel plans to announce that "he will not run for re-election and that he does not intend to be a candidate for any office in 2008," said one person, who asked not to be named.
Hagel has scheduled a press conference for 10 a.m. Monday at the Omaha Press Club.
According to one person interviewed, Hagel told Senate Republican Leader Mitch McConnell of Kentucky on Friday morning that he had decided to retire. Hagel's staff learned of his decision that afternoon.
The news will set in motion a scramble to succeed him. Two Republicans -- Attorney General Jon Bruning and financial adviser Pat Flynn -- have already announced, and former Dem Senator Bob Kerrey has said he's interested in returning to the Senate.
A Kerrey entry into the race would give Dems a real shot at picking up another Senate seat and at the very least would add to the mounting 2008 Senate woes of the GOP. The party is already dealing with Senator John Warner's (R-VA) announced retirement and Senator Larry Craig's (R-ID) almost certain resignation, as well as the increased vulnerability of GOP Senators like Norm Coleman, John Sununu, and Susan Collins, all of whom face reelection next year and are badly weakened by the Iraq War. ( Via Think Progress.)
Late Update: The New York Times is now reporting the same thing, citing anonymous aides to the Senator.
Later Update: The paper adds that Kerrey declined to comment today on his intentions, but last month, he said: “These moments don’t happen very often. It’s a possibility.”