Buddy Roemer drops third-party bid for White House

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In a statement announcing his exit, Roemer thanked his family, staff and volunteers for helping him run his ideal campaign. The campaign has no debt and Roemer exits the race with money in the bank, according to the statement. "We ran like we would serve — free to lead. To protect that freedom, we fully disclosed every contribution. We accepted no contributions above $100. We accepted no PAC money, no super-PAC money, no corporate money and no lobbyist money," the release reads.

Roemer, who has been active on social media as a candidate, wrote and tweeted that he will turn his full attention to campaign finance reform.

"Instead of using my right to the floor of Congress to lobby for corporate clients, I will lobby for the American people who want reform," he promised. "It might require a new organization to get this done, but regardless, we will highlight corruption and its effects on policy and public perception, suggest solutions, build coalitions and support the advocates of our ideas or those who have better ones."

Roemer, formerly a Democratic congressman, switched to the Republican Party while serving as governor of Louisiana in 1991.

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