Updated from Friday, May 20

ST. PAUL, Minnesota (

TheStreet

) -- Republican Tim Pawlenty, the former governor of Minnesota, said Sunday he will seek the 2012 Republican presidential nomination.

"Tomorrow (Monday) my first campaign stop will be in Iowa and that's where I'm going to begin a campaign that tells the American people the truth," Pawlenty said in a video on his Web site. "I'm Tim Pawlenty and I'm running for president of the United States."

Republican Tim Pawlenty, the former governor of Minnesota, announced he is running for president.

A strong showing in Iowa in next winter's caucuses will go a long way toward giving Pawlenty a leg up in winning the Republican presidential nomination.

After his stop in Iowa, Pawlenty will travel to Florida, New Hampshire, New York and Washington, D.C.

Pawlenty was the first of the expected major GOP White House contenders to form a presidential exploratory committee, filing with the Federal Election Commission on March 21,

CNN

noted.

Forner House Speaker Newt Gingrich said he would be seeking the

Republican nomination for president

, while Mike Huckabee, former Arkansas governor, said he wouldn't be seeking the presidency.

Other notables such as for former Massachusetts Gov. Mitt Romney have yet to officially announce their candidacies. Former Alaska Gov. Sarah Palin also has yet to let her intentions be known.

On Sunday,

Indiana Gov. Mitch Daniels

, a Republican, said he wouldn't run.

-- Written by Joseph Woelfel

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