The Muslim Brotherhood “nominated its chief strategist and financier Khairat el-Shater on Saturday as its candidate to become Egypt’s first president since Hosni Mubarak, breaking a pledge not to seek the top office and a monopoly on power,” the New York Times reports.
“Because of the Brotherhood’s unrivaled grass-roots organization and popular appeal, Mr. Shater, 62, a multimillionaire business tycoon who was a political prisoner until just a year ago, immediately became a presidential front-runner.”
Reuters: “The move will worry liberals and others who fret about the rising influence of Islamists after they swept parliament and now dominate an assembly writing the new constitution.”