Major Announcement': GOP Rep. Thaddeus McCotter to Launch Bid for Presidency

DETROIT (AP) — A person familiar with the plans of Michigan Rep. Thaddeus McCotter says the Republican congressman will make a "major announcement" Saturday about whether he will run for president in next year's election.

McCotter's office says he'll be the keynote speaker Saturday at a festival in Whitmore Lake.

A person in contact with the Livonia congressman told The Associated Press on Thursday that McCotter will address whether he'll seek the Republican presidential nomination. The person spoke on the condition of anonymity because the person isn't authorized to discuss McCotter's plans.

The Associated Press left a message seeking comment Thursday evening from a spokeswoman for McCotter, Michaela Hunley.

McCotter told WJR-AM in Detroit on May 25 that he was seriously considering a presidential run.

USA Today:

Rep. Thaddeus McCotter says "your American Dream is endangered." That's why the Michigan Republican is running for president, according to his new campaign website that's up and running today.

Our colleague Jackie Kucinich last night reported that McCotter, a fifth-term congressman who represents Detroit suburbs in Wayne County, will officially kick off his White House campaign tomorrow.

Today, he's giving radio interviews and will reportedly turn in his official paperwork to run for president. McCotter was prodded into thinking about a White House bid by Fox News host Greg Gutfeld, according to the Detroit News.

Politico:

Thaddeus McCotter will file paperwork on Friday to become the eighth Republican candidate for president, a McCotter adviser told POLITICO.

McCotter spent four days in Iowa this week and came away “feeling positive” about his reception, the adviser said. His presidential campaign website will go live around noon tomorrow, allowing the four-term Michigan congressman to kick off his long-shot bid on the first day of the new fundraising quarter.

His presidential committee, dubbed McCotter 2012, will start out with funds in the six figures, according to the source. The campaign will not have to file a full fundraising report until the fall. McCotter had nearly half a million dollars in his House campaign account at the end of March