While Bradley said he would not run as a vice presidential nominee with Gore, aides say he could run for the presidency again in 2004 or 2008.
About an hour after Bradley's announcement, McCain announced from his retreat in Sedona, Ariz. that he was suspending his campaign.
"I am no longer an active candidate for my party's nomination," McCain said. "A majority of Republican voters made clear that their preference for president is Governor Bush...I respect their decision."
He said he would continue to work for reforms on Social Security, Medicare and his signature issue, campaign finance reform.
"I will take our crusade back to the U.S. Senate," McCain said, adding that he wants to reform "a tax code that benefits the powerful few at the expense of many."
McCain thanked the many Republican, Democratic and independent voters who supported him during the course of his campaign and urged them to stay active in the political process.
"Our crusade will never achieve all of its goals if your voices fall silent in the national debate," McCain said.
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