Rye Town Supervisor Joe Carvin, a Republican hedge fund manager who has invested $1 million into his own campaign for congress, looks like he’s ready to start putting that money to work and announced his first television ad this morning. The commercial was described as a “sharp contrast ad” by the Carvin campaign, an accurate description as it both blasts incumbent Rep. Nita Lowey and praises Mr. Carvin.
“Washington politicians have failed us,” he ad declares, throwing a notable drum beat after each point. “Jobs are scarce. Federal debt has skyrocketed. Taxes in Westchester and Rockland are out of control. Nita Lowey has been in congress for 24 years, she is part of the problem.”
Joe Carvin, a Rye Town Supervisor and hedge fund manager, has contributed over $1 million into his congressional bid against Nita Lowey, according to his latest FEC filing.
Mr. Carvin, a Republican, had initially begun a campaign against Senator Kirsten Gillibrand promising to invest a similar amount, but that was for a statewide run and it was unknown if he would invest a similar amount into a more contained campaign for a Westchester County-based Congressional District.
As had been initially rumored, former GOP U.S. Senate candidate, and hedge fund manager, Joe Carvin has moved to formally challenge Westchester and Hudson Valley Congresswoman Nita Lowey in the general election.
As Capital Tonightfirst reported, Rye Town Supervisor and hedge-fund manager Joe Carvin is no longer seeking the Republican nomination to challenge Senator Kirsten Gillibrand this November.
“My number one goal in entering the race was to ensure that the Republican Party had a nominee capable of defeating Ms. Gillibrand in November,” Mr. Carvin said in statement this morning. “But in the last several days – after Ms. Gillibrand was ranked the most left-wing senator in America by National Journal and after she voted for higher gas prices by opposing the Keystone XL Pipeline – I believe any of the candidates in this race can beat her.”
“New York is a melting pot of immigrants from all over the world who have built our great city and in doing so have achieved the American Dream,” Queens County Republican Chairman Phil Ragusa said in a statement about the Greek-born Mr. Maragos. “George Maragos is an example of the American Dream and will be an outstanding voice in Washington for the best interest of all New Yorkers. The Queens County GOP proudly endorses Mr. Maragos.”
When asked if his pro-choice stance could be a problem in a conservative Republican primary, Mr. Carvin replied, “No, not at all. I think what we have to focus on is what’s fundamental. I think unfortunately the social issues are more of a distraction.”
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.