Ron Paul goes toward White House campaign
Ron Paul moves one step closer to a long-shot presidential bid. He announces the formation of an exploratory committee in Iowa.
The Texas congressman confirmed his plans Monday night on Fox News. A Paul source told POLITICO that he'll also roll out his campaign team for the first-in-the-nation caucus state. Paul's libertarian stands during the 2008 campaign have become the inspiration for much of what the new Republican majority in the House has pushed — and may have been a spark that helped ignite the tea party movemet.
If he eventually enters the race, Paul will have a direct claim to the tea party mantle, especially in the absence of a fresh face that excites grassroots conservatives.
By ANDY BARR at Politico