Republican Gov. Arnold Schwarzenegger said Wednesday that he will not be a candidate in 2010, according to the Sacramento Bee, quashing speculation he will challenge Democratic Sen. Barbara Boxer.

“I am not running for anything, so no one could threaten me, because I’m not running for Senate, I’m not running for Congress, I’m not running for another term as governor,” Schwarzenegger said in reference to his freedom to make policy decisions during a Cal Expo news conference, according to the newspaper.

Schwarzenegger is term-limited in January 2011 and many Republicans hold out hope he will run for Senate.