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Michele Bachmann Won't Seek Re-Election

Updated: Wednesday, May 29 2013, 12:27 PM CDT

MINNESOTA (CBS 2/FOX 28) - Minnesota Representative Michele Bachmann, who launched her unsuccessful 2012 Presidential Bid in Waterloo, Iowa said today she won't seek a fifth term to Congress next year.

Backman made the announcement just six months after being re-elected in a narrow victory to a fourth term, and as an investigation is underway into her presidential campaign fund-raising activities.

Bachman made the announcement in a video on her campaign web site and via Twitter.

"I have decided next year I will not seek a fifth Congressional term," she said. "This decision was not impacted in any way by the recent inquiries into the activities of my former presidential campaign or my former presidential staff."

The mid-western conservative made her announcement of the presidential bid in Waterloo.However, her campaign failed to catch fire in the large GOP presidential field in 2012 and ultimately the campaign ran out of money.

Bachmann came in sixth in the January, 2012 Iowa Caucuses despite campaigning heavily here, and she dropped out of the race the next day.

The announcement comes as the Office of Congressional Ethics looks into claims by Bachmann's former campaign aides that she may have improperly used money raised by one of her House-affiliated political action committees to hlep her presidential bid.

Michele Bachmann Won't Seek Re-Election

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