Schluter served in the State Senate until 2001, when he would have had to run against a fellow incumbent, Democratic Senator Shirley Turner, due to redistricting. Instead, he ran as an independent in the race for Governor of New Jersey, with the help of Doug Friedline, the former campaign manager of Governor Jesse Ventura of Minnesota. The relationship brought an endorsement from Gov. Jesse Ventura of Minnesota. However a few weeks later, on September 11, 2001 the attack on the World Trade Center in New York City caused an immediate cessation of political campaigning in New Jersey, and supporters diverted their otherwise campaign contributions to disaster relief organizations. This prevented Schluter from raising sufficient funds to qualify in the gubernatorial televised debates. By the time the race restarted, Schluter lagged far behind Democrat Jim McGreevey and Republican Brett Schundler, and garnered only 1% of the vote.