Jim Graves, the Minnesota businessman who mounted an unsuccessful bid this year to unseat Rep. Michele Bachmann (R-Minn.), said this week there could be another effort against the conservative firebrand in his future.

"I'll always keep an open mind," Graves told the St. Cloud Times of the prospect of challenging Bachmann again.

Graves added, however, that he hoped a different Bachmann would be on display during her fourth term.

"If she comes out and really changes her modus operandi and starts serving the people," Graves said. "Maybe one of the byproducts is Michele will become a better congressperson and more responsive. And if so, I'd be happy."

Bachmann defeated Graves by fewer than 5,000 votes out of more than 350,000 ballots cast. The race was her closest despite Bachmann's prolific fundraising, which allowed her to outspend Graves by a 12-to-1 margin.

The win came after a whirlwind third term that included a rapid rise to the top of the GOP presidential primary pack, followed by an equally rapid descent down and eventually out of the contest. Her congressional input was no less lively, though her highly criticized decision to accuse top officials in President Barack Obama's administration of working for the interests of the Muslim Brotherhood without any evidence became another mark on a career that has frequently been highlighted by controversy.

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    Republican presidential candidate Rep. Michele Bachmann, R-Minn, left, laughs during a campaign stop at the home of Robin Read, right, Tuesday, Dec. 27, 2011, in Shenandoah, Iowa. (AP Photo/Eric Gay) -- h/t <a href="http://www.twincities.com/ci_21684562/michele-bachmann-if-i-could-trade-places-day"><em>St. Paul Pioneer Press</em></a>

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    Republican presidential candidate Rep. Michele Bachmann, R-Minn., greets children while campaigning in Denison, Iowa, Thursday, Oct. 13, 2011. (AP Photo/Nati Harnik) -- h/t <a href="http://www.twincities.com/ci_21684562/michele-bachmann-if-i-could-trade-places-day"><em>St. Paul Pioneer Press</em></a>

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  • Boris Karloff Movies ("The Halloween Song" by Bing Crosby & Boris Karloff)

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  • Celery ("Hungry Heart" by Bruce Springsteen)

    h/t <a href="http://www.twincities.com/ci_21684562/michele-bachmann-if-i-could-trade-places-day"><em>St. Paul Pioneer Press</em></a>

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    GOP presidential hopeful Rep. Michele Bachmann speaks at a rally in front of the USS Yorktown museum on August 19, 2011 in Mt Pleasant, South Carolina. (Photo by Richard Ellis/Getty Images) -- h/t <a href="http://www.twincities.com/ci_21684562/michele-bachmann-if-i-could-trade-places-day"><em>St. Paul Pioneer Press</em></a>

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