Aides to U.S. Senator - and former first lady - Hillary Rodham Clinton have confirmed that the New York senator has invited supporters from the state of Iowa to her Washington, D.C. home for a private political fundraising event.

Senator Clinton is facing re-election in New York in 2006, but the invitation of Iowa supporters raises speculation that a 2008 bid for the U.S. presidency is likely. Iowa is traditionally the first state to hold political caucuses in which candidates from the same party compete against each other for their party's presidential nomination.

Mrs. Clinton's former national finance director from her 2000 Senate campaign is currently on trial in Los Angeles federal court on charges he lied to regulators about the cost of a lavish Hollywood fundraiser. Neither Mrs. Clinton nor her husband, the former president, are accused of any wrongdoing.

Some information for this report provided by AP.