The third Republican to watch isn’t someone likely to run for president in 2012, but she could become a fast-rising player in Congress. With a calm speaking style, Liz Cheney, daughter of the former vice president, delivered a biting, even-tempered speech that received perhaps the biggest ovation of the conference so far.

Cheney said last June that she wouldn’t run this year but left the door open to a future bid. As a Northern Virginia resident, Cheney could have a couple options: Virginia Sen. Jim Webb (D) is up for re-election in 2012, and if 10th District Rep. Frank Wolf (R) wins re-election this year, he will be on retirement watch after serving 30 years in Congress.

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• Cheney backs Dont Ask repeal – POLITICO.com

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