At IOP Press Conference, Lazio Mulls Retirement from Public Life

Former Senate candidate Rep. Rick Lazio (R-N.Y.) said he may retire from elected public service at a student press conference held yesterday at the Institute of Politics.

However, Lazio said he would consider a position in the potential administration of president-elect Texas Gov. George W. Bush.

"It really depends on what is offered and it's first important that the administration be a success," he said.

In November, Lazio lost his bid for a New York state Senate seat to Sen. Hillary R. Clinton (D-N.Y.), after a long and frequently bitter campaign. He joined the race after New York Mayor Rudolph Giuliani withdrew from the contest.

Lazio told reporters yesterday that he has not yet decided what he will do now.

"Pat [my wife} and I are floating right now. I'm considering a few opportunities, but I'm still really working through with my life how I would like to remain in the public sector," he said.

But Lazio, who spent most of his life in elected office, said he has not ruled out joining the private sector.

"I never got wealthy, and maybe it's time to earn a bit more money," he said.