CNN: Gov. Haley announces Tim Scott to Demint Senate seat

South Carolina Gov. Nikki Haley named GOP Rep. Tim Scott as the replacement for outgoing Sen. Jim DeMint.

Haley announced Scott as the new senator at a press conference Monday afternoon.

"I can walk away from the Senate knowing we have someone better than I am," Senator Jim DeMint said about Scott.

State law gives the Republican governor the authority to pick DeMint's successor.

DeMint announced less than two weeks ago that he would resign Jan. 1 to take the helm of a national conservative think tank.

Scott will fill the seat until 2014, when voters will choose who will fill the remaining two years of DeMint's term.