Former Minnesota Gov. Pawlenty dropping out - WKOW 27: Madison, WI Breaking News, Weather and Sports

Former Minnesota Gov. Pawlenty dropping out of GOP presidential race

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ST. PAUL, Minn. (UPDATE) -- Tim Pawlenty has dropped out of the race for the GOP presidential nomination, a day after finishing a disappointing third in the Iowa straw poll.

The former Minnesota governor tells ABC's "This Week" he thinks he would have made a great president, but "obviously that pathway isn't there."

Pawlenty says he offered voters "a rational, established, credible, strong record of results," based on his two terms as governor of a largely Democratic state. But he says voters apparently were "looking for something different."

He says another "very good candidate" will emerge who will defeat President Barack Obama.

Pawlenty had struggled to gain traction in Iowa, a state he had said he must win, after laying the groundwork for a campaign for nearly two years.

He's been eclipsed in polls in recent months by his Minnesota rival, Rep. Michele Bachmann, who won yesterday's nonbinding straw poll. Texas Rep. Ron Paul finished a close second. Former Pennsylvania Sen. Rick Santorum finished fourth, behind Pawlenty, followed by businessman Herman Cain.

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ST. PAUL, Minn. (WKOW) -- Former Minnesota Gov. Tim Pawlenty is dropping out of the race for the GOP presidential nomination.

Pawlenty told supporters on a conference call Sunday morning that he would announce on ABC's "This Week" that he was ending his campaign after a disappointing finish in the Iowa straw poll on Saturday.

The poll was a test of organizational strength and popularity in the state whose caucuses lead off the GOP nomination fight.

Pawlenty had struggled to gain traction in Iowa, a state he had said he must win, after laying the groundwork for a campaign for nearly two years.

He's been eclipsed in polls in recent months by his Minnesota rival, Rep. Michele Bachmann. She won the straw poll on Saturday.

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