Michael Avenatti says he's not running in 2020

Controversial lawyer Michael Avenatti, who represents Stormy Daniels, announced he will not be running for president in 2020, warning the Democratic party of nominating someone who would make a good president, but "have no real chance of winning."

Why it matters: Avenatti made a lot of noise as a potential challenger to Trump, who would have roiled the Democratic field but was never thought of as a serious candidate by most Democrats.