Hagel is calling it quits:
Chuck Hagel will announce Monday that he is retiring from the U.S. Senate and will not run for president next year, people close to the Nebraska Republican said Friday.
Hagel plans to announce that "he will not run for re-election and that he does not intend to be a candidate for any office in 2008," said one person, who asked not to be named.
Hagel has scheduled a press conference for 10 a.m. Monday at the Omaha Press Club.
According to one person interviewed, Hagel told Senate Republican Leader Mitch McConnell of Kentucky on Friday morning that he had decided to retire. Hagel's staff learned of his decision that afternoon.
And there was much rejoicing.
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