11/25/2014 04:39 pm ET Updated Nov 25, 2014

Michele Flournoy Drops Out Of Race To Be Next Secretary of Defense

Alex Wong via Getty Images

Michèle Flournoy, the most-widely rumored candidate to replace Chuck Hagel as the next secretary of defense, has taken herself out of the running for the job, according to sources familiar with the situation. The decision complicates what will be one of the most important personnel decisions of President Barack Obama's second term.

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