Republican Mitt Romney took the first official steps toward a second presidential bid Monday, telling supporters he had formed an exploratory committee to begin a White House run.
Romney, who has been planning a second run since losing the Republican nomination in 2008, focused in his announcement on the economy and what he described as President Barack Obama's failed policies.
"It is time that we put America back on a course of greatness, with a growing economy, good jobs and fiscal discipline in Washington," the former Massachusetts governor said in a video posted on his website, on Facebook and on Twitter.