HARTFORD, Conn. (CBSNewYork/AP) — Larry Kudlow, a financial and economics writer and broadcaster, said Tuesday that he has decided not to run this year for the U.S. Senate seat held by Connecticut Democrat Richard Blumenthal.

Kudlow announced his decision on television Tuesday. The 68-year-old television personality and conservative commentator said on CNBC that he didn’t want to give up his work in the media.

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Kudlow, who served in the Reagan administration, said last year on a radio show that he would challenge Blumenthal if he voted in favor of President Barack Obama’s Iran deal, which he did.

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Blumenthal is a former Connecticut attorney general who was first elected to the U.S. Senate in 2010.

Among Republicans the only declared candidate for the 2016 race is one-time Olympian and political newcomer August Wolf, of Stamford. Former gubernatorial candidate Joe Visconti, of West Hartford, says he’s exploring a run.

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