A candidate who ran for the U.S. Senate twice more than 30 years ago is returning to New Jersey to challenge freshman Sen. Cory Booker in a race more prominent Republicans have avoided.

Jeffrey Bell tells The Star-Ledger of Newark he has rented a home in Leonia and intends to run against the well-funded Democrat who took office after a special election last year.

Bell won an upset victory in a Republican Senate primary in 1978 but was defeated by Bill Bradley in the general election.

Four years later, he ran in a second GOP primary but lost to Millicent Fenwick.

After that loss, he moved to Virginia.

The 70-year--old he says he'll campaign on cutting the power of the Federal Reserve.