Former U.S. Treasury official Neel Kashkari announced Tuesday that he is running for governor of California, staking his campaign on his ability to create jobs and improve public schools.
"Here today, on this stage, I am announcing that I'm running for governor of California," Kashkari told a few hundred people at a luncheon at Cal State Sacramento. "That's my platform, jobs and education. That's it. That's why I'm running for governor of California."
The 40-year-old Republican has long been mulling a run, and has spent much of the past year meeting with donors, politicians and
His entry into the contest offers Republicans two dramatically different paths as they try to take on incumbent Gov.
The other Republican in the race -- Assemblyman
Kashkari, who has never held elected office, ran the taxpayer-funded federal bank bailout under President
“If we could get Republicans and Democrats to work together in
He will face notable tests in coming weeks -- whether Republican voters are open to his candidacy, and whether he can raise the money necessary to take on Brown.
Kashkari is a multimillionaire but has said he does not have the wealth to self-fund a race. He announced a fundraising committee Tuesday that contained a handful of big-name GOP donors.
Among the members of the committee are Emil Henry of New York City, who was a fundraising bundler 2012 Republican presidential nominee Mitt Romney; Robert Day, the founder of TCW, a Los Angeles investment firm; Richard Roeder, the managing member of Vance Street Capital, a private equity firm; and Harry McMahon, vice chairman of Merrill Lynch.
Kashkari also named new members of his campaign team, which includes political consultants who advised Romney, former Gov.