Former Cranston, Rhode Island Mayor Steve Laffey announced his presidential bid for 2024 as a Republican candidate. Laffey emphasized the need for a financial expert to tackle the country's problems, including the financial crisis and Social Security, and stated that the current leaders of the country are failing to address these issues. He expressed his frustration with the Federal Reserve, corrupt American politicians, and the need for change in the Republican party. Laffey's campaign will focus on education, China, national debt, US spending, and the Second Amendment. He served as Cranston's mayor from 2003 to 2007 and also ran for the US Senate in 2006.