As you know, Herman Cain suspended his campaign on Saturday, effectively ending his bid for the Republican nomination and the strange ordeal that he put his family through. Many are wondering what is next for Cain, whether he’ll go on to form a PAC and/or endorse another candidate in the race. Both seem likely, and we already know which way Cain is leaning (and it’s not a surprise):
A top Cain adviser tells us the former candidate plans to endorse in the next few weeks – certainly this month, in order to affect the Iowa caucuses – and is most likely to go Gingrich. They have a personal relationship that goes back to Gingrich’s days as Speaker, a much longer relationship than Cain has with any of the others. And they disagree on few issues. Cain can offer some Iowa organization and his power as a surrogate in the African-American community (including churches), a weakness for the GOP.
Despite his potential to be a “kingmaker,” some conservatives are taking issue with Cain. Over at the National Review, Rich Lowery very pointedly says that Cain should give back money he received from donors. Some of you may say that this isn’t a big deal, but it has been noted that since Cain hasn’t formally ended his campaign, merely suspended it, he would still qualify for federal matching funds, which he may be able to transfer to whatever PAC he creates with leftover campaign dollars.