Chafee, who
became a Democrat in 2013 after holding political offices as a
Republican and an independent, is scheduled to speak that day at
George Mason University.
He will announce his 2016 bid, likely a long shot, during the
speech, according to Politico.
A spokeswoman for Chafee did not immediately respond to a
request for comment.
Chafee served eight years in the U.S. Senate as a Republican,
then changed his affiliation to Independent when he ran for
governor of Rhode Island in 2010. In his last year in office, he
switched to become a Democrat.
Chafee said in April that he was mulling a run for the White
House and touted his judgment and "level-headedness" as a
leader.
Clinton, the former U.S. secretary of state, is widely seen as
the favorite for the party's nomination. Liberal U.S. Senator
Bernie Sanders of Vermont is also running as a Democrat, and
former Maryland Governor Martin O'Malley is expected to join the
pack challenging Clinton this weekend.
(Reporting by Emily Stephenson; Editing by Sandra Maler)
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