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On January 21, 2007, New Mexico Governor Bill Richardson announced his candidacy for President of...

On January 21, 2007, New Mexico Governor Bill Richardson announced his candidacy for President of the United States on ABC's This Week with George Stephanopoulos, by virtue of forming a presidential exploratory committee. Richardson, who is of Hispanic descent, joined a diverse field for the Democratic nomination, which already included an African American in Senator Barack Obama of Illinois and a female in Senator Hillary Rodham Clinton of New York. He withdrew from the race on January 10, 2008 after only placing fourth in the Iowa and New Hampshire primaries, the first two of the season. In 2006, the Associated Press reported that Richardson informed party leaders that he intended to run in the 2008 U.S. presidential election. In early December 2006 Fox News claimed that Richardson told DNC leaders he would run for President, but Richardson said he would actually wait to decide in January 2007. On January 21, 2007, Richardson told George Stephanopoulos on ABC's This Week that he was launching a Presidential Exploratory Committee, his first official step of seeking the 2008 Democratic party nomination. Although already campaigning for months before, Governor Richardson formally