Cain on Tuesday told his staff that he is “reassessing” his decision to remain in the race for the Republican nomination, leading to speculation that he might drop out of the race for the GOP presidential nomination. Cain has denied he will drop out of the race despite a month of accusations that Cain sexually harassed several women in the mid-90s. On Monday, new allegations by an Atlanta businesswoman surfaced claiming she and Cain had a 13-year-long affair.

Cain's wife Gloria, who has maintained a low profile so far on his campaign, gave a televised interview in his defense.

"You hear the graphic allegations and we know that would have been something that’s totally disrespectful of her as a woman," Cain told Fox News earlier this month. "I know the type of person he is. He totally respects women."

Cain has denied all allegations and maintained on Tuesday that he has no plans to drop out of the race.

"The definition of reassess is: To consider again, esp. while paying attention to new factors. Doesn't sound like dropping out," Cain's team tweeted prior to the speech.