KOTA-TV Rapid City, SD reports that former Republican Senator Larry Pressler, the chief author of the 1996 Telecommunications Act, is raising money for a possible return to politics. After serving two terms in the House and three in the Senate, Pressler was defeated in 1998 by Sen. Tim Johnson (D-SD). The station reports that Pressler is most likely to bid for South Dakota's lone House seat, which is being vacated next year by the retirement of Rep. John Thune (R-SD). It would be unusual, but not unprecedented, for a former member of the upper house of Congress to seek a seat in the lower chamber.