CNN: Ron Paul to run for U.S. president

Posted May 12, 2011 by David Silverberg
Texas Representative Ron Paul will announce his candidacy for the Republican nomination in the 2012 election, a source told CNN.
Texas Rep. Ron Paul
Texas Rep. Ron Paul
Gage Skidmore
Paul is expected to throw his hat in the electoral ring on Friday, CNN says. CNN goes on to say, "Paul will hold a morning campaign event in Exeter, New Hampshire where he is expected to receive several endorsements."
Paul is vying for the White House for the third time. He ran as a Libertarian Party nominee in 1988. In 2008, he sought the GOP nomination.
Politico reports Paul has been making overtures for a GOP bid recently. The political blog writes, " He also recently raked in more than $1 million during a one-day online 'money bomb' ahead of the first GOP presidential debate."
The Hill writes more than two weeks ago, Paul visited Iowa to announce he had created an exploratory committee.
A previous report on found a recently released poll showed Paul would fare best in a head-to-head electoral battle against Obama. But the poll's author added, "No GOP candidate has a statistically significant lead, so it's way too soon to start talking about front-runners."