In a video published to YouTube on Thursday, Newark, New Jersey Mayor Cory Booker (D) said he plans to serve out his second term as mayor, after which he will "explore the possibility of running" for the U.S. Senate in 2014.

Booker's video began with a summary of Newark's economic progress under his leadership as mayor, giving potential opponents a preview of the case he could be making next year on the campaign trail.

"Crime is down, parks and recreation facilities are growing," he said. "We are the center of America's efforts to reform urban education. We have led our city through the worst financial crisis in decades and stand on the edge of true budget stability for the first time in over 15 years. Newark is leading the state in innovations in everything from court reform to services for our veterans to prison reentry programs. Amazingly, in a down economy, Newark is in its biggest period of economic growth since the 1950s."

Booker added: "Let there be no doubt, I will complete my second term as mayor of Newark, New Jersey. And as for my political future, I will explore the possibility of running for the United States Senate in 2014."

This video was published to YouTube on December 20, 2012.