This is very good news for a terrific organization like The Heritage Foundation.
Via WSJ
South Carolina U.S. Senator Jim DeMint will replace Ed Feulner as president of the Heritage Foundation. Mr. DeMint will leave his post as South Carolina’s junior senator in early January to take control of the Washington think tank, which has an annual budget of about $80 million.
Sen. DeMint’s departure means that South Carolina Governor Nikki Haley, a Republican, will name a successor, who will have to run in a special election in 2014. In that year, both Mr. DeMint’s replacement and Sen. Lindsey Graham will be running for reelection in South Carolina.
Mr. DeMint was reelected to a second term in 2010. The 61-year-old senator had announced earlier that he would not seek a third term.
Mr. Feulner, who is 71 and planned to step down, is to be named chancellor of Heritage, a new position, and will continue in a part-time capacity as chairman of the foundation’s Asian Studies Center.
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