As the next phase of the 21st Congressional District race takes shape, voters may get an answer to speculation about what Matthew A. Doheny, the Watertown-based investment fund manager who lost the Republican primary, will do next.
Mr. Doheny lost the primary election to party nominee Elise M. Stefanik but remains on the Independence Party line.
He is scheduled to make a “major” announcement 11 a.m. Friday in front of 215 Washington St., where his campaign and business are headquartered.
On June 24, Ms. Stefanik defeated Mr. Doheny by a 20 point margin and earned the right to carry her party’s banner into the general election, where she will face Democrat Aaron G. Woolf, a documentary filmmaker with a home in Essex County, and Green Party candidate Matthew J. Funiciello, a bakery and cafe owner from Glens Falls.
Mr. Doheny, who was the target of more than $800,000 in attack ads in his third bid for the seat, was endorsed by the New York state Independence Party shortly after entering the race after Rep. William L. Owens, D-Plattsburgh, announced that he would not seek re-election.
Mr. Doheny, who practiced law before pursuing a career in finance, will remain on the ballot as the Independence Party candidate unless he is nominated for an open seat in a judicial race somewhere in the state.
There is no indication what the substance of Mr. Doheny’s announcement will be. Earlier this month, a spokesman for Mr. Doheny said the candidate was “still evaluating” how to proceed.