Joe Carvin, a wealthy hedge-fund manager and the Rye Town supervisor in Westchester County, announced today he will be entering the Republican primary for New York’s U.S. Senate seat. If he’s successful in the primary, he will be challenging Senator Kirsten Gillibrand in November.
And to prove he’s serious, Mr. Carvin told the Wall Street Journal he will be investing $1 million into his campaign and intends to raise $5 million to $10 million more.
“I have decided to run for the office of U.S. Senate because I believe that our representatives in Washington have provided us with an economic framework that severely undermines our competitive position in the world today,” Mr. Carvin said in a statement to Gannett today. Read More