BREAKING: Jeb Bush Suspends Campaign

Former Florida Gov. Jeb Bush has suspended his campaign for president following his fourth place finish in the South Carolina primary. Bush finished fourth in the New Hampshire primary and sixth in the Iowa caucus.

BREAKING: Sources tell CNN @JebBush to drop out of presidential race https://t.co/NcH6glS7QF

— CNN (@CNN) February 21, 2016

Here's his speech:

Thank you.https://t.co/UWuRQccifU

— Jeb Bush (@JebBush) February 21, 2016

Rumors of the Bush campaign winding down operations began swirling on Thursday. It was reported that today, Saturday, was the last day that campaign staffers would be getting paid.

In September, Bush promised his supporters that they could "take it to the bank" that he would win South Carolina. Obviously, this didn't pan out.

There are five candidates remaining for the Republican nomination: Donald Trump, Sen. Ted Cruz (R-TX), Sen. Marco Rubio (R-FL), Gov. John Kasich, and Dr. Ben Carson.

This post has been updated.