Scott Walker will announce an end to his presidential campaign at a news conference Monday evening.
The New York Times reported:
Gov. Scott Walker of Wisconsin has concluded he no longer has a path to the Republican presidential nomination and plans to drop out of the 2016 campaign, according to three Republicans familiar with his decision, who spoke on condition of anonymity.
An anonymous Walker supporter cited funding as the primary reason for the candidate’s decision, explaining that fundraising has slowed significantly since Walker began sinking in the polls.
"The short answer is money," the supporter explained. "He’s made a decision not to limp into Iowa."
One top donor who was helping to organize a fundraiser for Walker in New York this week admitted that funding for the GOP presidential candidate had "dried up."
"Donors have totally dried up for Walker, and getting people to come on Thursday was unbelievably hard," the supporter said. "Everyone I know was just totally stunned by how difficult the fundraising became, but the candidate and the campaign just couldn’t inspire confidence."
In the latest CNN/ORC poll out Sunday, Walker had less than 1 percent of the vote among likely Republican primary voters.