Republican Paul Ryan to rule out 2016 presidential candidacy

By Steve Holland WASHINGTON (Reuters) – House of Representatives Speaker Paul Ryan planned a speech on Tuesday to try to put to rest any Republican hopes that he could be drafted as a presidential candidate and save the party from an expected disaster if Donald Trump or Ted Cruz is the nominee. Ryan, the top elected Republican in Washington and the 2012 vice presidential candidate, has been the subject of persistent speculation that he could emerge as the nominee if an impasse over the party’s pick develops at the July 18-21 Republican National Convention in Cleveland. The Wisconsin congressman scheduled a speech at 3:15 p.m. EDT (1915 GMT) at the Republican National Committee headquarters in Washington.

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