Former Virginia Sen. Jim Webb (D) will announce Tuesday that he’s dropping his long-shot bid for the Democratic presidential nomination, Fox News reported.Webb is set to speak at the National Press Club in Washington at 1 pm, where he’s expected to make the announcement.Late Monday, Webb’s campaign sent out an email to supporters with the subject line: “Jim Webb to consider independent run.” However, the Fox News report says that Webb will not launch an independent bid on Tuesday, but rather will take time off to mull his options.Emails to Webb’s campaign have not been returned.

Source: Webb to withdraw from Democratic presidential race | TheHill