The race for the Republican presidential nomination has lost another contender. Wisconsin Gov. Scott Walker has pulled his name from the running. He announced the news during a press conference on Monday evening, criticizing his party's current focus on attacking each other and opposing parties.

"Ronald Reagan was good for America because he was an optimist. Sadly the debate taking place in the Republican party today is not focused on that optimistic view of America. Instead it has drifted into personal attacks," he said. "In the end I believe the voters want to be for something, not against someone." Check out his announcement below:

Thanks to his own less-than-impressive performances in early GOP debates, Walker has been hard-pressed to stand out against the flashy and established competition of Donald Trump, Jeb Bush and Marco Rubio.

Walker is just the second from the party's overcrowded pool to quit the race. Former Texas Gov. Rick Perry dropped out earlier in September.

Of course, the first question on our minds is: How soon will we get to see Stephen Colbert don a blue wig for his next installment of the "Hungry for Power Games"? Watch him honor fallen tribute Perry below: