Former Vice President Joe Biden has ignited rumors that he is gearing up for a 2020 presidential run by launching a new political action committee on June 1.
"The history of this nation is one of ordinary people doing extraordinary things," Biden wrote in an email to supporters announcing the American Possibilities PAC, according to NBC. "And that's who we still are. That's why the negativity, the pettiness, the small-mindedness of our politics drives me crazy. It's not who we are."
There is not yet much information about the PAC, although Biden said in the email that he wanted to enable Americans to "dream big" again.
Kate Bedingfield, Biden's former spokeswoman, said that the PAC is "a natural extension of what he said he would do when he left the White House -- continue to build up and support the Democratic Party and focus on the issues he cares about."
Since leaving the vice presidency in January, Biden has indeed kept active, working with his charity to try to find a cure for cancer and teaming up with the University of Delaware and the University of Pennsylvania for other projects.
"Joe is not going away and you know that, all of you," Biden's wife, Jill, told CBS on June 1, according to NBC. "He loves politics, he loves what he's doing, and he said he would stay involved. So he set up this PAC because he's going to be involved in the midterm elections."
A number of sources told CNN that Biden could be considering a future presidential bid.
"It doesn't mean he's certain to run," one of Biden's primary confidantes told CNN. "But there's no compelling reason why he would close the door. He's doing well."
Another anonymous source said that "sometimes things are what they look like," while another said simply that the former vice president was "not NOT running."
Biden has had a long-documented desire throughout his career to become president; he unsuccessfully ran for the Democratic nomination in both 1988 and 2008. After deciding against running in 2016 due to a family tragedy, Biden said that he regretted his decision "every day."
"While I will not be a candidate, I will not be silent," he said in an October 2015 speech. "I intend to speak out clearly and forcefully, to influence as much as I can where we stand as a party and where we need to go as a nation."