Senator Bill Frist of Tennessee, the outgoing senate majority leader, has announced he will not run for president in 2008 according to MSNBC:

In a written statement released today, Frist says, "In the Bible, God tells us for everything there is a season, 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."

This is good news for Romney as one less conservative candidate who could potentially siphon off voters, staffers, and contributions is now out of the picture, allowing Romney to gain a greater share of the conservative vote of the GOP. Accordingly, this is not good news for McCain (or Rudy) who hope to have the conservative element of the party fragmented among various candidates. Now Frist's staff and the big donors he had signed on will be up for grabs.