40 years after 1st win, NY Rep. Rangel runs again

It's been 40 years since New York Rep. Charles Rangel first won his congressional seat. And he's not done yet.

Rangel formally announced his re-election campaign Sunday. The Democrat made the announcement surrounded by a host of elected officials, including Gov. David Paterson.

Rangel was first elected to the House in 1970. He defeated Rep. Adam Clayton Powell Jr., who had been a …