Republican bank executive John Guedry is telling supporters he will challenge Democratic Rep. Dina Titus in 2010, the Las Vegas Review-Journal is reporting.

The paper obtained an e-mail from Guedry to friends and colleagues saying, “I made this decision because, like most of you, I have become increasingly concerned about the direction some of our elected officials in Washington, D.C., are taking our country and state.”

Guedry told CQ Politics he sent the e-mail out a “couple of weeks ago” as part of his due diligence to assess support for his candidacy. He has also met with party officials with the National Republican Campaign Committee, and the feedback, he said, has been “positive.” Guedry said he is close to wrapping us his exploratory phase, and will have formal decision by the end of June.