Report: Webb may re-enter presidential race
© Greg Nash

Former presidential candidate Jim Webb is expected to discuss whether he will make another run at the White House during a speech in Dallas today, according to a local television station.

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Sources told CBS 11 News that Webb, who dropped out of the Democratic primary race in October, will make his intentions known during a speech the World Affairs Council this afternoon.

The group only said that the former Virginia senator will share his “5 Most Important Principles for Foreign Policy.”

Webb hinted at an independent run when he dropped out of the primary, saying he could see himself beating Republican primary front-runner Donald TrumpDonald TrumpFundamentals or euphoria? Both fueled post-election stock surge Freedom Caucus founder: GOP health plan did not meet campaign promises Former US envoy: No good military options against North Korea MORE and Democratic presidential hopeful Hillary ClintonHillary Rodham ClintonDemocrats step up calls that Russian hack was act of war Comet Ping Pong shooter pleads guilty Time for 'J. Edgar' Comey to take his leave MORE in a three-way race.

“If we ran an independent race that worked and got traction, I honestly could see us beating both of them,” he said at the time.

Webb also said he felt like an anachronism in an increasingly progressive party, arguing Democrats had moved away from “millions of dedicated, hard-working Americans.”

Asked at his concession speech whether he was still a Democrat, Webb said, “We will think about that.”

“Some people say I am a Republican who became a Democrat, but that I often sound like a Republican in a room full of Democrats or a Democrat in a room full of Republicans,” he added. “Actually, I take that as a compliment.”

Webb served as secretary of the Navy in the Reagan administration and has a decorated military career. 

His most notable moment on the campaign trail came at the first Democratic primary debate, when he was asked about the greatest enemy he had ever made.

“I’d have to say the enemy solider that threw their grenade that wounded me,” he said. “But he’s not around right now to talk to.”