The group said that because it is a bipartisan organization, Pawlenty would step down as a national co-chairman of Romney's campaign. Romney said he regretted the departure of his "dear friend," but that Pawlenty's "new position advancing the integrity of our financial system is vital to the future of our country."I suspect Pawlenty had decided that the good ship Mitten$ will never reach port.
Pawlenty probably would have been a contender for a Cabinet post were Romney to win the White House. But to land the new job, Pawlenty had to agree he would not take a position in a Romney administration, a spokeswoman for the Financial Services Roundtable said.
In related news, both POLITICO and the Financial Times note that Mitten$ is hurting GOP Senate candidates.
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