Jim Webb announces he is running for president

Jim Webb announces he is running for president

(WWBT/AP) - Former U.S. Senator Jim Webb announced he is running for president.

A Democrat, Webb served a single term in the Senate from 2007 to 2013, representing Virginia.

"After many months of thought, deliberation and discussion, I have decided to seek the office of the Presidency of the United States," Webb said in a statement on his website.

A Vietnam veteran and former Navy secretary under President Ronald Reagan, he won a Senate seat in 2006 narrowly defeating GOP incumbent George Allen and represented Virginia before opting not to run for a second term.

Webb was the first Democrat to form an exploratory committee, announcing his interest in a presidential campaign last November.

Webb has made frequent trips to the early voting states of Iowa and New Hampshire. But he faces long odds in a field dominated by Clinton that also includes Vermont Sen. Bernie Sanders, former Maryland Gov. Martin O'Malley and former Rhode Island Gov. Lincoln Chafee.

Copyright 2015 WWBT NBC12. All rights reserved. The Associated Press contributed to this report.