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Jim Webb to drop Democratic bid for president

Brought up a Democrat, Webb left the party after returning from the Vietnam War, eventually becoming Navy Secretary under President Reagan.

In his speech yesterday, Webb said he will now be an independent, which he accurately noted, is the fastest growing group of voters in the country.

"Jim will have the first word at 1 p.m.", Crawford said, referring to the senator's press conference at the National Press Club in Washington.

"I fully accept that my views on many issues are not compatible with the power structure and nominating base of the Democratic Party".

"I could see us beating both of them", he said. In the end, Webb plays more like an old Southern Democrat or what has been called "Blue Dog" Democrats since the parties seizure by Leftist radicals in 2008. Indeed, a few commentators suggested that "Jim Webb would make a good anti-Clinton in 2016", since he could theoretically have gained support among moderates and Democratic-leaning independents who weren't sold on Clinton. To start, just "star" this story in ABC News' phone app. Download ABC News for iPhone here or ABC News for Android here.

"We intend to spend the next couple weeks talking to people, people who I have not felt comfortable talking to as a Democratic candidate", Webb added.

Webb, 69, a decorated veteran of the Vietnam War, has promoted criminal justice reform and an overhaul of the campaign finance system and has been critical of the Obama administration's foreign policy.

Jim Webb announced he was withdrawing from the race due to differences with the party's hierarchy.

Well, folks, there were once five Democratic presidential candidates, and now there are four-unless Joe Biden decides to run, then there will be five again.

As for whether Webb still considers himself a Democrat, Webb paused and told a reporter, "We'll think about that". He might have been a good fit in the Truman-era Democratic Party. "While I am not going away, I am thinking of all my options".

Asked how he might fair in a hypothetical matchup against Hillary Rodham Clinton as the Democratic nominee and Donald Trump on the Republican side, Webb was chipper. A one-term senator who has been out of Congress for two years, he has not built any campaign infrastructure and has only visited the crucial early states of Iowa and New Hampshire a handful of times.

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