Former Hewlett-Packard CEO Carly Fiorina says she'll run for the U.S. Senate seat held by California incumbent Barbara Boxer.
Fiorina ended months of speculation Wednesday with an announcement in an opinion piece she wrote for the Orange County Register. She's scheduled to make a formal announcement later in the day.
Fiorina must win the Republican primary before she can challenge Boxer.
Fiorina says her priorities would be creating jobs, cutting government spending and expanding access to health care — but not through a national health care system.
The 55-year-old Fiorina was economic adviser to John McCain's failed presidential bid last year. She received a $21 million severance package whenHewlett-Packard board fired her in 2005. That money would make her a formidable challenger to Boxer.