Rep. Spencer Bachus (R-Ala.). (Haraz N. Ghanbari/AP)
Rep. Spencer Bachus (R-Ala.), who served as a GOP counterweight during the Obama administration's push for financial regulatory reform, announced Monday that he will not seek reelection next year.
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It is an honor that I never dreamed could have been possible for me and the words ‘thank you’ are far from adequate. But as Ecclesiastes 3 says, to everything there is a season and I feel in my heart that now is the time for me to announce this decision and allow others to have the opportunity to serve.