Schwarzenegger announces Calif. governor bid
Democratic Sen. Dianne Feinstein ruled out a run, labeling the election "more and more like a carnival every day."
Schwarzenegger's announcement came as a surprise; advisers had said in recent days that was leaning against running in the Oct. 7 election.
Schwarzenegger made his announcement during a taping of "The Tonight Show with Jay Leno."
Political commentator Arianna Huffington declared Wednesday that she would run as an independent, one of the only other well-known names in the race so far. Former Los Angeles Mayor Richard Riordan, a moderate Republican, has said he would enter the race if Schwarzenegger did not.
Feinstein's decision not to run gave a big boost to Davis, while frustrating some Democrats who wanted her to run to ensure the governorship would remain in the party's hands if Davis lost.
"After thinking a great deal about this recall, its implications for the future, and its misguided nature, I have decided that I will not place my name on the ballot," Feinstein said in a statement.
"I deeply believe the recall is a terrible mistake and will bring to the depth and breadth of California instability and uncertainty, which will be detrimental to our economic recovery and decision-making," she said.
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