"As of today, with a lot of prayer and soul searching, I am suspending my presidential campaign," he said at an event in Atlanta. "I am suspending my presidential campaign because of the continued distraction, the continued hurt . . . on me, on my family, not because we are not fighters, not because I am not a fighter."
Cain's campaign had sent mixed signals as to his future since Ginger White, an Atlanta woman who claims to have had an affair with Cain for more than a decade, went public with her story earlier this week. While Cain has said he has been "reassessing" his candidacy, he also, at times, has been fiercely defiant, suggesting that unnamed enemies have been trying to do him in and vowing to press forward.
PHOTOS: Political scandals and gaffes of 2011