David Malpass, U.S. Senator?
I just received the following e-mail from David Malpass, former chief economist at Bear Stearns. I've know him for at least 25 years; we worked together at the U.S. Treasury Department. I wish him the best of luck.
Dear Friends and Colleagues,
As many of you know, I believe strongly in our country’s future, but have been dismayed at the decisions Washington has been making and their impact on New York state. The problems go across the board – astronomical debt, out-of-control spending and taxes, federal decisions that undermine our security, health care legislation that would appall the drafters of the Constitution, and more.
As a result, I’ve been exploring a run for the U.S. Senate seat held by Sen. Gillibrand and wanted to give you an update. I'm thrilled to say that we are making great progress on several fronts: I'm assembling a top-notch team, we're reaching out to party members and county chairmen around the state, and we're taking the legal steps necessary to launch this huge effort in coming days.
In the past month, my motivation to run has intensified—not only because of the great reception I've been getting from family, friends, longtime colleagues and new supporters around New York, but also because I believe the Obama administration has defiantly and wrongly continued to move our country down a perilous path for New York and the nation.
I’ll be writing you more in coming days about the issues and the campaign. It’s going to be a hectic eight months, and I will deeply value your views and encouragement throughout.