As Chairman of the Senate Finance and Judiciary Committees and as the longest-serving Republican Senator in USA history, Senator Hatch has represented the interests of Utah with distinction and honor.
"I've always been a fighter".
Hatch said in a video address Tuesday that although he had been proud to fight on behalf of his fellow Utahns, "Every good fighter knows when to hang up the gloves, and for me, that time is soon approaching".
The powerful Senate Finance Committee chairman played a significant role in helping Republicans pass a major tax overhaul before Christmas.
In a statement, Hatch said he made a decision to retire at the end of his seventh term after "much prayer and discussion with family and friends" over the holiday break. I was an amateur boxer in my youth, and I brought that fighting spirit with me to Washington.
On Tuesday afternoon, former MA governor and one-time presidential nominee Mitt Romney made a minor change to his Twitter bio that may suggest he's running to fill Sen.
"It would be hard to defeat Mitt Romney if he were running here", said David Hansen, a longtime Utah Republican strategist and chairman of Mr. Hatch's political organization. Separately, NBC News reported that Romney wants to seek the Senate seat, citing a person familiar with his thinking.
Romney pilloried Trump in a March 2016 speech, calling him a "phony" and "a fraud".