Pete Hegseth, who ran for the U.S. Senate endorsement in 2012 and had been oft mentioned as a possible candidate for other offices, will become the Minnesota Republican Party's finance chair, the party announced late Thursday.

Hegseth, a military veteran, is often seen on Fox News, contributing analysis and political commentary.

"As Finance Chair I look forward to helping the Republican Party of Minnesota reach the next level," Hegseth said in a statement.

The party has had well-publicized struggles with financing in recent years and is still pulling its way out of debt. But it has slowly whittled down what it owes and party chairman Keith Downey has said it has restructured and rebuilding confidence.

Hegseth led Vets for Freedom, which, according to public documents, was particularly active during the 2008 presidential race, and now is the CEO of Concerned Vets for Freedom.

Photo: Pete Hegseth in 2012//source: Star Tribune