A source says Sen. Evan Bayh, whose name has been mentioned prominently in recent years in connection with White House sweepstakes, is ready to announce he will not seek re-election.
A senior Democratic official said Monday that the 54-year-old Bayh was ready to appear at a news conference in Indiana to reveal his plans.
The official divulged Bayh’s plans on grounds of anonymity because the announcement was not yet official.
Bayh is serving his second six-year term in the Senate, and is a centrist Democrat from a Republican-leaning state.
His departure continues a trend in which several senators and members of the House from both parties have decided to retire.
Polls have shown rising public dissatisfaction with both parties and with Congress in the face of continuing high unemployment, mounting deficits and lucrative bank executive bonuses.
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