Hatch announces he will not seek re-election

WASHINGTON- Republican Sen. Orrin Hatch of Utah says he will not seek re-election after serving more than 40 years in the U.S. Senate.Hatch, 83, says he's always been a fighter, "but every good fighter knows when to hang up the gloves."Hatch is the longest-serving Republican in the Senate. He chairs the powerful Senate Finance Committee and was a major force in getting a tax overhaul through in December. His retirement opens the door for Republican Mitt Romney to run for his seat.Hatch says he