Cain’s words on his decision to withdraw:

“Now here’s why it hurts. Because my wife, my family and I we know that those false and unproved allegations are not true.

So one of the first declarations I want to make to you today is that I am at peace with my God. I am at peace with my wife. And she is at peace with me.

I am at peace with my family and I am at peace with myself, which is one of the most important things. Now that being said, becoming president was plan A. and before you get discouraged, today I want to describe plan. B.

So as of today, with a lot of prayer and soul searching I am suspending my presidential campaign. I am suspending my presidential campaign because of the continued distraction, the continued hurt caused on me and my family, not because we are not fighters, not because I’m not a fighter.

It’s just that when I went through this reassessment of the impact on my family first, the impact on you my supporters — your support has been unwavering and undying — as well as the impact on the ability to continue to raise the necessary funds to be competitive, we had to come to this conclusion. But we had to come to this conclusion that it would be best to suspend this campaign. That’s the bad news. Here’s the good news. The pundits would like for me to shut up, drop out and go away. Well as my grandmother who lived to be 104 years old used to say, when somebody was dead wrong, ‘Bless their little hearts.’ I am not gonna be silenced and I’m not going away.”