Donald Trump Will Not Run for President

Manhattan real estate mogul and NBC reality star will not seek the GOP nomination.

Monday, May 16, 2011  |  Updated 1:54 PM EDT
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Donald Trump announces he is not running for president, saying he wants to continue on with his reality show

NBC New York

Donald Trump announces he is not running for president, saying he wants to continue on with his reality show "Celebrity Apprentice."

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America will have to wait for President Trump.

After months of teasing the nation about his presidential aspirations, billionaire Manhattan real estate mogul Donald Trump says he has decided not to run for the White House.

"After considerable deliberation and reflection, I have decided not to pursue the office of the Presidency," the Donald said in a statement. "This decision does not come easily or without regret; especially when my potential candidacy continues to be validated by ranking at the top of the Republican contenders in polls across the country."

The announcement brings to an end a strange pseudo-campaign that saw the NBC reality TV star inject himself into the national presidential debate, almost single-handedly reviving the "birther" controversy surrounding President Obama. 

The Queens-born Trump made so much noise about the Obama birth certificate that the White House actually held a press conference to release the long-awaited "long form" of Obama's birth certificate.

"I feel I've accomplished something really, really important, and I feel honored by it," Trump told reporters in New Hampshire.

For many people, Trump crossed the line when he questioned Obama's academic record, saying the president didn't deserve to be admitted to the Ivy League universities he attended.

"I heard he was a terrible student, terrible. How does a bad student go to Columbia and then to Harvard?" Trump said in an interview with The Associated Press. "I'm thinking about it, I'm certainly looking into it. Let him show his records."

But just because Trump is bowing out of the race, don't expect him to stop talking.

The brash New Yorker said he will "continue to voice my opinions loudly" and to help shape the political debate.

"My ability to bring important economic and foreign policy issues to the forefront of the national dialogue is perhaps my greatest asset and one of the most valuable services I can provide to this country," Trump said.

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