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Pawlenty quitting Romney campaign to lobby for banks

ASSOCIATED PRESS
Former Minnesota Governor Tim Pawlenty looks over the main stage during a sound check at the Republican National Convention in Tampa, Fla., on Wednesday, Aug. 29, 2012. (AP Photo/J. Scott Applewhite)

WASHINGTON >> Former Minnesota Gov. Tim Pawlenty is resigning as a national co-chairman of Republican Mitt Romney’s presidential campaign to lobby for the financial services industry.

The Financial Services Roundtable announced today that Pawlenty will become its new president and chief executive officer on Nov. 1. 

Pawlenty was an early entrant in the Republican presidential campaign, but he ended his bid last year amid poor polling before the primaries began. He was often mentioned as a potential running mate for Romney and has campaigned across the country for the nominee.

The Financial Services Roundtable said in a press release that Pawlenty was stepping down from the campaign because the group is a bipartisan organization. 

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