Biden declared his candidacy for president on January 31, 2007, after having discussed running for months prior. Biden made a formal announcement to Tim Russert on Meet the Press, stating he would "be the best Biden I can be". In January 2006, Delaware newspaper columnist Harry F. Themal wrote that Biden "occupies the sensible center of the Democratic Party". Themal concludes that this is the position Biden desires and that in a campaign "he plans to stress the dangers to the security of the average American, not just from the terrorist threat, but from the lack of health assistance, crime, and energy dependence on unstable parts of the world".
In 2007, US President George W. Bush shows up unannounced to the Floor about an hour and a half before a Federal Open Market Committee interest-rate decision on January 31; NYSE announces its merger with the American Stock Exchange; NYSE Composite closes above 10,000 on June 1.