State Board of Equalization member Brad Sherman on Friday announced he has decided to run as a Democrat for the congressional seat being vacated by Rep. Anthony C. Beilenson (D-Woodland Hills).
Sherman, 41, said he has been considering the race for some weeks. But the Sherman Oaks resident withheld a final decision to see if he would face a major Democratic competitor in the March 26 primary election who would deplete the $500,000 of his own money he vows to spend to defeat the Republican nominee next November.
"Basically, every other elected official in the San Fernando Valley has decided not to run," Sherman said. He recently returned from Washington, where he said he received strong encouragement from House Democrats.
Sherman released on Friday a list of endorsements, which included state Controller Kathleen Connell, three Democratic congressmen, four Assembly members and local Democratic Party leaders.
Sherman is the only Democratic candidate to pay the $1,300 filing fee so far in the 24th Congressional District.