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Senate banking chair Tim Johnson to announce retirement
Reuters ^ | 03/25/2013 | Margaret Chadbourn

Posted on 03/25/2013 1:40:53 PM PDT by SeekAndFind

Senate Banking Committee Chairman Tim Johnson, a South Dakota Democrat, does not plan to run for re-election when his current term ends in 2014, sources close to the matter and key Capitol Hill staffers said on Monday.

Johnson, 66, joined the Senate in 1997 and has been widely expected to retire at the end of his term. He plans to make the announcement on Tuesday, the sources said. Johnson's staff said that he will hold a press conference at the University of South Dakota on Tuesday.

His retirement would leave a vacant seat in a conservative-leaning state that could be difficult for Democrats to defend as they try to protect their majority in the Senate.

Political analysts expect Johnson's son, Brendan Johnson, who is South Dakota's U.S. attorney, to emerge as a potential Democratic candidate in the 2014 election. The younger Johnson has not announced any formal plans to seek the Senate seat.

Former Representative Stephanie Herseth Sandlin, who lost a bid for reelection in 2010, is another leading choice to run if the incumbent senator retires.

Johnson's exit from Congress would also create an opening at the top of the banking committee, which he has led since 2011. Currently, Rhode Island Senator Jack Reed is the second-ranking Democrat on the panel.

(Excerpt) Read more at reuters.com ...


TOPICS: Government; Politics/Elections; US: South Dakota
KEYWORDS: 113the; 2014midterms; redstates; retirement; sd2014; senate; southdakota; timjohnson

1 posted on 03/25/2013 1:40:53 PM PDT by SeekAndFind
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To: SeekAndFind

He has been mostly useless since his major stroke, and should have retired then. Mark Kirk (R-IL) has turned from RINO to outright Liberal Democrat since his stroke.


2 posted on 03/25/2013 1:44:51 PM PDT by montag813
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To: SeekAndFind

Good news! get rid of the vile.


3 posted on 03/25/2013 1:45:14 PM PDT by rrrod (at home in Medellin Colombia)
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To: SeekAndFind

Interesting that they’ve got Junior all positioned to take over.


4 posted on 03/25/2013 1:46:40 PM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: SeekAndFind

That’s seven retirements, five democrats, two repubicans.


5 posted on 03/25/2013 1:47:37 PM PDT by cotton1706
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To: cotton1706; AuH2ORepublican; fieldmarshaldj; Impy; GOPsterinMA; GSP.FAN

Kristi Noem?


6 posted on 03/25/2013 1:49:16 PM PDT by Perdogg (Sen Ted Cruz is my adoptive Senator)
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To: rrrod

Not to worry. The Reps will figure out how to lose again just like they did in North Dakota.


7 posted on 03/25/2013 1:50:19 PM PDT by kabar
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To: Perdogg

Mike Rounds has already announced but Noem would be awesome. Any represenative from SD has won statewide so is just as good as a governor.


8 posted on 03/25/2013 1:51:26 PM PDT by cotton1706
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To: Perdogg

Wasn’t Kristi Noem the one that went big time for ethanol subsidies? I was so disappointed that one of our Tea Party candidates (I’m pretty sure she was one) folded like that.


9 posted on 03/25/2013 1:52:15 PM PDT by Twotone (Marte Et Clypeo)
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To: SeekAndFind
The dems are dropping like flies. It should be a golden opportunity for pubs. But should and a shoeshine is a shoeshine.
10 posted on 03/25/2013 1:54:35 PM PDT by smoothsailing
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To: kabar

RE: The Reps will figure out how to lose again just like they did in North Dakota.

The mainstream press can just ask one question — Do you support abortion in the case of pregnancy after rape?


11 posted on 03/25/2013 1:54:56 PM PDT by SeekAndFind
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To: SeekAndFind
Do you support abortion in the case of pregnancy after rape?.

As Dana Loesch says, the correct answer is:

"Under no circumstances do I support the death penalty for the pre born"

12 posted on 03/25/2013 1:57:08 PM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: SeekAndFind

Whatever you do, please don’t tell Karl Rove...


13 posted on 03/25/2013 1:59:57 PM PDT by gov_bean_ counter (Hope and Change has become Attack and Obfuscate.)
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To: SeekAndFind

I’d like to see Rich Sattgast run for the seat.


14 posted on 03/25/2013 2:01:12 PM PDT by pallis
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To: SeekAndFind

I’d like to see Rich Sattgast run for the seat.


15 posted on 03/25/2013 2:01:13 PM PDT by pallis
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To: Perdogg; cotton1706; fieldmarshaldj; Impy; GOPsterinMA; GSP.FAN

PPP released a poll last week showing Herseth as a much stronger GE candidate than Tim Johnson (or his son, for that matter), so I was expecting this announcement soon.

The same poll had former Gov. Mike Rounds running much stronger than Congresswoman Kristi Noem. I know, I know, it’s PPP, but I am by no means surprised that two-term Gov. Rounds would run ahead of Noem (who beat Herseth by a rather narrow margin in über-Republican 2010) in the general.


16 posted on 03/25/2013 2:01:36 PM PDT by AuH2ORepublican (If a politician won't protect innocent babies, what makes you think that he'll defend your rights?)
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To: SeekAndFind

Note to the Republican challenger: Refer any and all MSM rape questions to counsel first. :)


17 posted on 03/25/2013 2:03:59 PM PDT by Mr. Jeeves (CTRL-GALT-DELETE)
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To: smoothsailing

“The dems are dropping like flies.”

This is a good class of seats coming up. This is the same class of seats where we gained two seats in ‘96 and took back senate contol after Jeffords betrayal in ‘02. In ‘08, the democrats won ten seats in Obama’s wave election. So there are ten democratic freshmen and five democratic retirements. Very good sign.

By contrast, the 2012 class was the same class where the republicans took control in ‘94, then lost five seets to a 50-50 senate in ‘00 (before Jeffords betrayal), and then the democrats took six seats six years later.

The third class, the 2010 class was the same class where the republicans gained four seats in the ‘04 presidential year and broke even in ‘98.

So 2014 looks to be a very good year, much better statistically and historically than 2012.


18 posted on 03/25/2013 2:04:42 PM PDT by cotton1706
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To: SeekAndFind
I recall that Johnson was behind in his election to replace outgoing Tom Daschle as midnight came around, but in the morning Johnson had won on the strength of one Indian reservation whose tally was held back until morning.

It's amazing how that keeps happening to Democrats!

-PJ

19 posted on 03/25/2013 2:04:52 PM PDT by Political Junkie Too (If you are the Posterity of We the People, then you are a Natural Born Citizen.)
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To: SeekAndFind

Now, if only the GOP had a senator or even a candidate that knew something about banking. They don’t.

In fact, I could say that the GOP has the most clueless bunch of neophytes and idiots on the subject of banking and finance I’ve ever seen.


20 posted on 03/25/2013 2:08:53 PM PDT by NVDave
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To: cotton1706

I like your positive outlook. The pubs need to capitalize on the favorable conditions. That’s the key, IMO.


21 posted on 03/25/2013 2:11:33 PM PDT by smoothsailing
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To: NVDave
if only the GOP had a senator or even a candidate that knew something about banking

North Dakota's Republican Senator John Hoeven was a banker for many years before his election as governor of North Dakota, and subsequently to the U.S. Senate.

Like his father he worked in a bank in Minot and later was president and CEO of the $6 billion Bank of North Dakota, which he ran shrewdly, conservatively and very profitably.

His family was always Democrat (as was he early on) and he is still is squishy and tentative on the tough issues, pretty much a Rino...

I'd have to say he was a much better banker than he is a Senator lol!

22 posted on 03/25/2013 2:21:59 PM PDT by Fightin Whitey
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To: pallis
I’d like to see Rich Sattgast run

I don't know that name Pallis. Who is the feller?

23 posted on 03/25/2013 2:23:40 PM PDT by Fightin Whitey
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To: gov_bean_ counter

What does our dear leader Kim Dum Rove say? We must wait for his pronouncement. /s


24 posted on 03/25/2013 2:47:43 PM PDT by forgotten man (forgotten man)
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To: Fightin Whitey

RE: I don’t know that name Pallis. Who is the feller?

Time to get to know him:

See his bio here:

http://votesmart.org/candidate/biography/48336/rich-sattgast#.UVDNexzIVuc


25 posted on 03/25/2013 3:20:12 PM PDT by SeekAndFind
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To: Twotone

She’s not a Tea Partier, and has her problems, but she’s conservative the vast majority of the time, and very good-looking, with all due respect.

Rounds has announced. The seat is his. He’s no Akin, and is well known. He’s not McCain RINO, but he’s RINO Lite. Don’t worry though. Our victory over Linseed Graham will be sweet enough.


26 posted on 03/25/2013 3:27:37 PM PDT by Viennacon
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To: SeekAndFind

Pickup opportunity? Like Missouri last year? Some well meaning candidate will start mouthing off about rape and the junior Senator from SD will be some Elizabeth Warren sound alike.


27 posted on 03/25/2013 4:09:00 PM PDT by Gay State Conservative ("Progressives" toss the word "racist" around like chimps toss their feces)
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To: SeekAndFind

“The mainstream press can just ask one question — Do you support abortion in the case of pregnancy after rape?”

Yep, and they’ll jump in with both feet, blurting out how a rape pregnancy is a “blessing” and detonate the whole operation. And they won’t have a clue as to why it’s such a big deal.


28 posted on 03/25/2013 4:24:09 PM PDT by ScottinVA (Gun control: Steady firm grip, target within sights, squeeze the trigger slowly...)
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To: Fightin Whitey

He is SD’s Secretary of Treasury, or was the time I talked to him. He’s a solid conservative.


29 posted on 03/25/2013 4:42:15 PM PDT by pallis
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To: montag813

“...has turned from RINO to outright Liberal Democrat since his stroke....”

Which just go to show that liberals truly are brain damaged...

Yeah, I know... that was nasty...

But I don’t believe in being polite to people trying to take away my rights, so....


30 posted on 03/25/2013 5:34:57 PM PDT by NFHale (The Second Amendment - By Any Means Necessary.)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks SeekAndFind.
His retirement would leave a vacant seat in a conservative-leaning state that could be difficult for Democrats to defend as they try to protect their majority in the Senate. Political analysts expect Johnson's son, Brendan Johnson, who is South Dakota's U.S. attorney, to emerge as a potential Democratic candidate... Former Representative Stephanie Herseth Sandlin, who lost a bid for reelection in 2010, is another leading choice... an opening at the top of the banking committee, which he has led since 2011. Currently, Rhode Island Senator Jack Reed is the second-ranking Democrat on the panel.

31 posted on 03/25/2013 7:33:10 PM PDT by SunkenCiv (Romney would have been worse, if you're a dumb ass.)
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To: forgotten man

Double /s. :)


32 posted on 03/26/2013 4:39:56 AM PDT by gov_bean_ counter (Hope and Change has become Attack and Obfuscate.)
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