"I will not be a candidate for re-election to the United States Senate in 2020. The people of Tennessee have been very generous, electing me to serve more combined years as Governor and Senator than anyone else from our state," Alexander said in a statement.
"I am deeply grateful, but now it is time for someone else to have that privilege," he added.
Alexander has represented Tennessee in the Senate since 2003.
The retirement sets up a wide-open Republican primary in a state where the GOP is dominant.
One potential candidate is outgoing GOP Gov. Bill Haslam. He passed on a run for Bob Corker's Senate seat in 2018 but built a national network as chairman of the Republican Governors Association and is weeks from leaving office. One Tennessee Republican said a Haslam run would prevent at least some other potential candidates from entering the race.
The state's GOP members of Congress will also be closely watched. A Donald Trump-style candidate, potentially like Rep.-elect Mark Green, could emerge. The Tennessee Republican, speaking on the condition of anonymity to discuss the potential field frankly, also pointed to Rep. Chuck Fleischmann, former Rep. Stephen Fincher (who lost the 2018 Senate primary to Sen.-elect Marsha Blackburn), US Ambassador to Japan Bill Hagerty and orthopedic surgeon Manny Sethi, who co-edited a health policy book with former Sen.
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