in March 2006 to focus on his gubernatorial campaign and his consulting firm in Little Rock. In January 2007, Hutchinson rejoined Venable. In June 2006, the Arkansas Democrat-Gazette reported that Hutchinson's $2,800 investment in Fortress America Acquisition Corporation, a company that Hutchinson was advising, was worth over $1 million after the company's initial public offering. The news story noted that Hutchinson was unable to touch his stock for another two years. The six founding shareholders in Fortress America, in addition to Hutchinson, included former U.S. Representative Tom McMillen, former U.S. Senator Don Nickles, and a private-equity firm that had former CIA Director James Woolsey among its partners. On May 4, 2006, Hutchinson had filed a financial disclosure form he was required to submit as a candidate for governor. The form did not list his 200,000 shares in Fortress America, which were trading at about $5 per share. "Just totally an oversight", Hutchinson said when questioned by the media in June. He filed an amended report the next day to correct the error. Political career Early efforts In 1986, Hutchinson ran against incumbent Democratic U.S. senator and former governor Dale Bumpers. It was a good year for Democrats, and Hutchinson fared worse than Bumpers's previous Senate challenger, Little Rock investment banker William P. "Bill" Clark. In 1990, Hutchinson ran against Winston Bryant for attorney general of Arkansas; he lost a close race. Hutchinson then became co-chair, with Sheffield Nelson, of the Arkansas Republican Party, a position he held from 1991 through 1995, the last four years as full chair. He considered a rematch with Bumpers in 1992 before deferring to Mike Huckabee, who lost to Bumpers. U.S. House of Representatives In 1992 Hutchinson's brother, Tim, was elected to Congress in Arkansas's third congressional district, when veteran U.S. Representative John Paul Hammerschmidt retired. In 1996, when his brother decided not to run for a third term in the House in order to seek the open Senate seat caused by the retirement of David Pryor, Hutchinson ran for the seat and won. Hutchinson, who had at first decided to run for an open seat in the Arkansas House of Representatives from Sebastian County, defeated Ann Henry, a longtime friend of Bill and Hillary Clinton, in November 1996. Although Henry outspent Hutchinson during the campaign, the district's heavy Republican tilt and his brother Tim's presence atop the ballot helped Asa win with 52% of