Oliver North says he will run again for public office but not in 1996, ruling out a challenge to Republican Sen. John Warner two years from now.
"It's not a matter of if I run again, it's when. And it's not 1996," North said during an appearance Wednesday on CNN's "Larry King Live."North said he isn't ruling out any office, federal or state.
North, a Republican, lost to Sen. Charles S. Robb, D-Va., in the Nov. 8 election. The Iran-Contra figure raised about $20 million, but said his campaign ended up with a $500,000 debt.
Many Republicans had urged North to take on Warner when his third term expires in 1996. Virginia GOP loyalists blamed Warner's support of independent Marshall Coleman, a former Republican state attorney general, for North's narrow loss to Robb.
Coleman took 11 percent of the vote. Robb won with 45.6 percent of the vote, and North got 42.9 percent.
"There is a time and a place for everything and the time and place for Oliver North to run for office is not in 1996 in Virginia," North said.