Condoleezza Rice announced she is not interested in running on the GOP ticket this November as Vice President for Mitt Romney.
In an interview with CBS This Morning, the former US Secretary of State under George W. Bush said, "There is no way that I will do this" ending weeks of speculation.
"I didn't run for student council president. I don't see myself in any way in elected office. I love policy. I'm not particularly fond of politics," she told CBS News.
More from GlobalPost: Mitt Romney holds major Utah retreat for wealthy GOP donors
Rice spent the weekend at a Utah retreat for wealthy Republican donors for Romney where she got high marks for her foreign policy ideas.
ABC News wrote many "said the star speaker of the weekend was [Rice] who received a standing ovation."
"I talked about the need for American leadership," Rice told CBS News. "This is a country in which people really believe that it doesn't matter where you came from, it matters where you're going and that we really need to concentrate on rebuilding our strengths as a country of immigrants."
Rice, who is currently a professor at Stanford University in California, would have been an asset for Romney in the fight for two key voter blocks, women and African-Americans, both who currently favor President Barack Obama in polls.