A Colorado music promoter is weighing a Republican campaign against two-term Rep. Ed Perlmutter (D).

The Denver Business Journal reported Thursday that Jimmy Lakey, who owns concert promotion and artist management companies, has formed an “exploratory committee” to prepare for a possible run in Colorado’s 7th district, which includes suburbs of Denver.

The report said that Lakey is concerned about “reckless spending” in Washington, D.C.