Then-Sen. Jim Webb at the U.S. Capitol in Washington, DC, in 2012.
Chip Somodevilla—Getty Images
By Noah Rayman
November 20, 2014

Former Virginia Sen. Jim Webb announced late Wednesday that he was forming an exploratory committee to run for President.

The Senator, a Vietnam veteran who was elected in 2006 for a single term as a Democrat, had announced in 2012 that he was retiring from politics. Now, he’s the first potential candidate to announce an exploratory committee, which will allow him to raise funds and test the waters for a run for the White House.

“We desperately need to fix our country, and to reinforce the values that have sustained us, many of which have fallen by the wayside in the nasty debates of the last several years,” Webb says in a 14-minute video explaining his decision, in which he brandishes his cross-aisle experience working in the Reagan administration. “I hope you will consider joining me in that effort.”

The Senator raised his national profile in 2006, weeks after taking office, when he gave his party’s response to President George W. Bush’s State of the Union.

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