Biden on running in 2020: 'I may very well do it'
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Former Vice President Joe BidenJoseph (Joe) Robinette BidenHarry Reid says he won’t make 2020 endorsement until after Nevada caucus Hillary Clinton met with Biden, Klobuchar to talk 2020: report The Hill's Morning Report - What to watch for as Mueller’s probe winds down MORE on Wednesday suggested a possible 2020 bid for the presidency, saying he "may very well do it."

"If I were offered the nomination by the Lord Almighty right now, today, I would say no because we're not ready, the family's not ready to do this. If in a year from now, if we're ready and no one has moved in that I think can do it, then I may very well do it," Biden said on ABC's "The View."

Speculation has swirled around a possible Biden challenge to President TrumpDonald John TrumpSchiff urges GOP colleagues to share private concerns about Trump publicly US-China trade talks draw criticism for lack of women in pictures Overnight Defense: Trump to leave 200 troops in Syria | Trump, Kim plan one-on-one meeting | Pentagon asks DHS to justify moving funds for border wall MORE for months. The former vice president's latest comments mark the first time he has put a possible timeline on his consideration for running. In previous interviews, Biden has been careful not to say definitively whether he would run, but has not ruled it out. 

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Biden has reportedly said in private that he sees himself as the only Democrat who could defeat Trump in 2020. Presidential candidates typically announce their campaign one to two years before the next general election. 

Biden was Delaware's longest-serving U.S. senator before entering the White House in 2009 under President Obama, who has enjoyed a surge in popularity after leaving office.