As members of the Republican National Committee were preparing to vote on the fourth ballot, Mike Duncan -- the current chair -- came to the platform and announced he was withdrawing from the race.

"The winds of change are blowing at the RNC. I understand what is going on." And then he said he was taking his name out of consideration for another term.

During the speech, and at its conclusion, he was met with a standing ovation.

Duncan, named to head the RNC by President Bush in 2007, did not endorse a successor.

2:23 - January 30, 2009

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