New Hampshire Republicans will have one less presidential candidate to consider: Rand Paul is dropping out of the race, reports CNN. The move comes after a poor showing in the Iowa caucuses, leaving the libertarian-leaning senator to focus instead on keeping his seat in Kentucky, where he faces a re-election challenge, reports Politico. "It's been an incredible honor to run a principled campaign for the White House," Paul said in a statement cited by ABC News. "Today, I will end where I began, ready and willing to fight for the cause of liberty." Read it in full here. (More Rand Paul 2016 stories.)