Republican John McCain beaten by Democrat Barack Obama in the 2008 US presidential race, plans to run for re-election as an Arizona senator in 2010.
Mr McCain (72), met with his senior advisers on Tuesday and formally set up a fundraising political action committee as a first step toward seeking re-election to a new six-year term, a McCain official said today.
It would be Mr McCain's fifth term as a senator from Arizona. He and Mr Obama met on Monday in Chicago and pledged to work together to face the financial crisis and reduce government waste.
Reuters