Republican presidential candidate Thad McCotter dropped out of the race on Thursday.

The guitar-playing five-term congressman from Livonia, Mich., launched his presidential bid July 2 in Whitmore Lake.

Known for his eccentric sense of humor and independent streak the 45-year-old attorney opened his national campaign headquarters in Plymouth, Mich.

He had said he would push for a fundamental restructuring of government and for Wall Street banks that received federal bailout money to free up credit.

McCotter was elected to his fifth consecutive term in Congress in November. Before that he was a lawyer, a state senator, a Wayne County commissioner and a community college trustee.

The field of remaining GOP hopefuls include former Massachusetts Gov. Mitt Romney, U.S. Rep. Ron Paul of Texas, former House Speaker Newt Gingrich, pizza magnate Herman Cain, former Utah Gov. Jon Huntsman and U.S. Rep. Michele Bachmann of Minnesota.