Pawlenty to announce bid for Minnesota governor

Former Minnesota Gov. Tim Pawlenty is expected to announce on Thursday that he will make another run for the governor's mansion, a source familiar with the plans confirmed to The Hill. 

Pawlenty, a Republican, will make the announcement Thursday afternoon in a video, the source said. CNBC first reported Pawlenty's planned announcement. 

Pawlenty already served two terms in the Minnesota governor's mansion. Democrat Mark Dayton has held the office for the past seven years and has said that he will not seek another term.

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Pawlenty briefly vied for the 2012 GOP presidential nomination and eventually joined former Massachusetts Gov. Mitt RomneyWillard (Mitt) Mitt RomneyEnforcing Trump's immigration plan will be harder than he thinks Democrat wins Philadelphia-area state House seat for the first time in decades How the embassy move widens the partisan divide over Israel MORE's presidential campaign as co-chairman. 

He eventually became the CEO of the trade group Financial Services Roundtable in 2012. Pawlenty announced in February that he would step down from that role, fueling speculation that he could seek another term as Minnesota's governor.

Pawlenty's political future has long been the subject of speculation. He was floated as a potential candidate for the Senate seat vacated by Al FrankenAlan (Al) Stuart Franken100 days after House passage, Gillibrand calls on Senate to act on sexual harassment reform Eric Schneiderman and #MeToo pose challenges for both parties Senate confirms Trump judicial pick over objections of home-state senator MORE (D) last year, but ruled out a run in January

"I am very interested in public service and service for the common good. There are a lot of ways to do that," he said in an interview with Fox Business Network. "I’ll tell you today that running for the United States Senate in 2018 won’t be part of those plans."

Ben Kamisar contributed to this report.