Former Virginia Sen. Jim Webb will announce Tuesday he is considering an independent bid for the White House, his campaign announced, as his long-shot bid for the Democratic nomination continues to flounder.

Webb will hold a press conference at the National Press Club “to discuss his candidacy, the campaign and his views of` the political parties in the current election cycle,” the campaign said in a statement.

His performance in last week’s Democratic debate was widely panned, with the candidate spending much of his time complaining he wasn’t a part of the discussion on stage. Webb stands at 1.2 percent support nationally, according to the RealClearPolitics polling average, and hasn’t polled above 3 percent in any of the early voting states.

Webb has raised a paltry $691,972 through the end of September, his campaign revealed in its quarterly filing with the Federal Election Commission, and has just $316,765 on hand.

Read Next: Jim Webb Enters 2016 Race Leaning on Foreign Policy

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