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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
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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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