Having been pondering a 2012 presidential campaign since shortly after President Obama was inaugurated, Republican former House speaker Newt Gingrich will make his bid official on Wednesday, the Associated Press reports:

Rick Tyler told The Associated Press that Gingrich will make it official Wednesday with announcements on Facebook and Twitter. He will give an interview to Fox News later that night. Gingrich is set to address the Georgia Republican Party Convention on Friday in Macon, Ga.

Gingrich formed an exploratory committee in early March, for the purpose of "testing the waters," in campaign-law parlance, and deciding whether or not to run. He enjoys an impressive ability to raise money from a fundraising network built through his various ventures.

Read the full story from the Associated Press.

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