DARYN KAGAN, CNN ANCHOR: Now we want to go to the nation's capital, where Senator Orrin Hatch is about to announce he is dropping out of the run for the presidential race in 2000.</s>SEN. ORRIN HATCH (R), PRESIDENTIAL CANDIDATE: I told my campaign manager to act like we were spending our own money. Well, last week Kevin said, "Orrin, I don't know how to tell you this, but we are spending our own money."</s>KAGAN: We've been listening to Senator Orrin Hatch of Utah as he ends his bid for the presidency. The senator had a disappointing finish in the Iowa caucus on Monday, coming in sixth with only one percent of support in that caucus. This, though, is hardly the last we will hear from the senator in politics. He's running for a fifth Senate term in his home state of Utah, and the competition does not look stiff. So, Senator Hatch will probably be a figure in Washington for more years to come. One note: He did not -- the senator did not mention who he might endorse for the Republican nomination for president.</s>BILL HEMMER, CNN ANCHOR: We'll monitor that, see if that changes.
Hatch: 'I Will No Longer Seek the Republican Nomination for President of the United States'