Update, Oct. 23, 2015: Lincoln Chafee has decided to end his 2016 presidential bid.
Former Rhode Island Gov. Lincoln Chafee will today announce that he is seeking the 2016 presidential nomination of Democratic Party.
Chafee, a former Republican-turned independent-turned Democrat, is trying to contrast himself with Hillary Clinton, the front-runner for the party’s nomination, by stressing his 2002 vote against the war with Iraq, which Clinton supported as a senator.
By running, he’s taking on a political juggernaut with much higher name recognition and fundraising resources.
Chafee himself hails from a prominent New England political family and has shown in the past that he’s not afraid to dip into his own financial reserves on the campaign trail.
Here's more about the political and financial history of this 62-year-old who’s developed a reputation over the years for his contrarian views.