Rising Star Sen. Thune Won't Run for President

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South Dakota Republican Sen. John Thune will not pursue a spot on the 2012 presidential ticket, despite nudges from GOP leaders who saw him as a possible candidate.

The second-term Republican said in a statement Tuesday he's not as well known as other possible Republican candidates, and wouldn't be able to raise as much money for a successful run.

"There is a battle to be waged over what kind of country we are going to leave our children and grandchildren and that battle is happening now in Washington, not two years from now," he wrote. "So at this time, I feel that I am best positioned to fight for America's future in the trenches of the Unites States Senate."

Thune was favored by conservatives and seen by many as a rising GOP star.

No major announcements for a Republican presidential bid have been announced. Some likely candidates include former House Speaker Newt Gingrich, former Massachusetts Gov. Mitt Romney, former Arkansas Gov. Mike Huckabee, and former Minnesota Gov. Tim. Pawlenty.

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