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Photo: Jessica McGowan/Getty Images

Former Sen. David Perdue (R-Ga.) announced Tuesday that he will not enter the race for U.S. Senate in Georgia in 2022.

Why it matters: The 2022 election will play a key role in determining which party controls the Senate after Republicans — including Perdue — lost two Georgia seats to Democrats during last month's dual runoffs.

  • Perdue ran in a tighter race against now-Sen. Jon Ossoff than his fellow Republican incumbent Kelly Loeffer did against now-Sen. Raphael Warnock.
  • Since Warnock ran in a special election, he will be up for re-election in 2022. Loeffler and former Rep. Doug Collins are among the Republicans considering a challenge.

What they're saying: "This is a personal decision, not a political one. I am confident that whoever wins the Republican Primary next year will defeat the Democrat candidate in the General election for this seat, and I will do everything I can to make that happen," Perdue said in a statement.

  • "As we saw in my race in November, Georgia is not a blue state. The more Georgians that vote, the better Republicans do. These two current liberal US Senators do not represent the values of a majority of Georgians."

Go deeper

U.S. economy grew at a 6.5% rate last quarter, missing expectations

Contractors work on a home under construction. (Photo: Micah Green/Bloomberg via Getty Images)

The U.S. economy grew at an annualized 6.5% rate last quarter, the government said Thursday — slower than the 8.4% economists expected.

Why it matters: It came as the economy made strides toward further reopening, vaccinations rolled out and government stimulus bolstered spending. But supply crunches held the pace of growth back.

8 mins ago - Sports

U.S. gymnast Suni Lee wins Olympic gold in individual all-around

Suni Lee . Photo: Jamie Squire/Getty Images

U.S. gymnast Sunisa "Suni" Lee won Olympic gold on Thursday in the individual all-around event.

The big picture: Simone Biles, who withdrew from the event to focus on her mental health, cheered from the stands with the rest of the women's gymnastics team as they watched Lee and teammate Jade Carey compete. Brazil's Rebeca Andrade won the silver and Russian Angelina Melnikova took the bronze.

Updated 2 hours ago - Sports

Olympics dashboard

Team USA's Simone Biles during the women's team final on day four of the Tokyo 2020 Olympic Games at Ariake Gymnastics Centre on Tuesday in Japan. Photo: Fred Lee/Getty Images

🤸🏾‍♀️: Simone Biles reacts to "love and support" after withdrawing from all-around gymnastics and team finals, citing her mental health

🏃: U.S. pole vaulter Sam Kendricks withdraws from Games after positive coronavirus test

🏊‍♂️: Caeleb Dressel wins gold in men's 100m freestyle —Bobby Finke wins gold in first men's Olympic 800m freestyle

📷: In photos: Tokyo Olympics day 6 highlights

🗓: The Olympic events to watch today

💵: Olympic athletes see more sponsorship opportunities

🏃‍: Female Olympians push back against double standard in uniforms

Go deeper: Full Axios coverage - Medal tracker

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