Senate Majority Leader Bill Frist, the driving force behind the recent passing of the Unlawful Internet Gambling Enforcement Act (UIGEA), has announced he is retiring from public service and won't run for President in 2008.
Senator Frist, a Republican representative from Tennessee, made waves in the poker industry that will be felt long after his retirement when he attached the UIGEA to a Safe Port Bill pushed through Congress in late October.
The UIGEA didn't make it illegal to play online poker, but it did make it illegal for U.S. financial institutions to transfer funds to online gambling businesses, which resulted in many online poker sites cutting off its U.S. players.
"In the Bible, God tells us for everything there is a season," Frist said in a statement released to the public, "and for me, for now, this season of being an elected official has come to a close. I do not intend to run for President in 2008."
Although expected to contend for the Republican nomination, Sen. Frist has been under a cloud of suspicion for quite some time.
Investigations by the Securities and Exchange Commission allege Frist has been involved in insider trading, and the Citizens for Responsibility and Ethics in Washington have named him on their "20 Most Corrupt Members of Congress" list.