Nebraska ? U.S. Sen. Chuck Hagel, R-Neb., plans to make his long-awaited announcement about his political future at his alma mater Monday.

Hagel will hold a news conference at 10 a.m. at the University of Nebraska at Omaha’s alumni center.

There has been speculation in political circles for more than a year that the outspoken critic of the war in Iraq might seek the Republican nomination for president in 2008. Hagel has said for weeks that he would make an announcement about his future “soon” but hasn’t indicated whether that announcement would reveal his presidential aspirations, if any, or whether he would seek re-election to the Senate in 2008.