Texas Rep. Pete Sessions, the chairman of the National Republican Congressional Committee, has drawn a challenger in the 2010 Republican primary in the state’s Dallas-area 32nd District.

David Smith, a corporate financial analyst, said that he is readying a campaign that will focus on accountability, fiscal responsibility and the economy. He plans an official campaign kickoff event on Monday.

Smith, who recently moved to Dallas from Denton County north of the city, opposed Sessions’ votes in 2008 for a $700 billion program to stabilize the financial markets. He said the party hasn’t adhered to fiscally conservative principles outlined in GOP platforms.