Chris Mintz is no longer running for state treasurer.
The Raleigh businessman said he decided earlier this week because he has a new business project that is taking a lot of time. He was also worried about the "crowded field" in the race.
"Looking at the political landscape, I think that I can best serve the party and the state in some other capacity," he said.
In the near future, Mintz plans to help Lt. Gov. Beverly Perdue with fundraising in her campaign for the Democratic gubernatorial nomination, and he said he may endorse one of the treasurer candidates.
Mintz, who lost a state House primary to Rep. Ty Harrell in 2006 and announced his run for treasurer in June, said he'll be working behind the scenes for the next few years.
"I definitely have an interest in public office, but I want to spend the next few years helping other candidates," he said.
State Sen. Janet Cowell and Raleigh attorney Michael Weisel are also running for the Democratic nomination to replace Richard Moore, who is running for governor. On the Republican side, Rep. Bill Daughtridge and Rep. Dale Folwell are running.
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