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Tuesday, September 01, 2009

Iowa Independent: Hubbell will not challenge Grassley

Excerpted from this post at Iowa Independent

Fred Hubbell, chair of the Iowa Power Fund Board and a former insurance executive, will not enter the race to unseat U.S. Sen. Chuck Grassley in 2010. In an e-mail to the Iowa Independent concerning rumors that he is considering a campaign for the Democratic Senate nomination, Hubbell simply said "No, I am not interested." Hubbell's name emerged after Des Moines Register columnist Marc Hansen wrote in a recent column that a well-known and independently wealthy candidate is "75 percent ready to join the race." Speculation originally revolved around former Principal Financial Group Inc. CEO Barry Griswell. But in a message to members of the Community Foundation of Greater Des Moines, Griswell said he has no intention of running for elected office and will instead continue as the non-profit's chairman.

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