Kay has, just yesterday, explicitly denied interest in the Ambassador post. She is still thinking about challenging Gov. Rick Perry (R-TX) in the GOP primary in 2006. However, if she wanted to stay in the Senate, she would be offered the #3 leadership post the Senate Republican Conference Chair in the 110th Congress (2007-2008).
www.politics1.com has this story (look under Thursday News Update)
Funny, everybody's bribing her so she doesn't take on Perry. I wouldn't mind her doing that. Perry may be closer to me ideologically, but he seems like an empty suit to me. I still prefer him to that idiot we have in Alabama though.