Photo credit: Gage Skidmore.

Kentucky Sen. Rand Paul announced Wednesday morning that he is suspending his 2016 presidential campaign.

Paul released a statement saying that he intends to end his campaign where he began, “ready and willing to fight for the cause of Liberty.”

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

Paul’s announcement follows the Iowa caucus on Monday, where he came in fifth place behind GOP contenders Ted Cruz, Donald Trump, Marco Rubio and Ben Carson.

In his statement, Paul said although he is suspending his campaign, “the fight is far from over,” and he will focus his efforts on his work as a senator.

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.

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