McCotter To Join Presidential Race Friday

Politico reports:

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.

The source said that former Iowa House Speaker Pro Tem Chris Rants will serve as McCotter’s senior adviser in the first-in-the-nation caucus state.