ST PAUL, Minn. — UPDATE: Governor Tim Walz announced he'd step aside and end his reelection campaign Monday after two terms in office. Read the story here. Minnesota Governor Tim Walz could soon end his re-election campaign, according to political analyst Blois Olson.

Minnesota Gov. Tim Walz won't run for a third term as a fraud scandal continues to dog him. It's a warning for California Gov. Gavin Newsom, whose state has fraud problems of its own.