Sen. John Kerry (D-Mass.) could be named the chairman of the Senate Foreign Relations Committee as soon as Wednesday, according to congressional sources who spoke to the Boston Globe.

Kerry is currently the third-most senior Democrat of the committee, behind Sen. Joe Biden (Del.) and Sen. Chris Dodd (Conn.). Biden is leaving the chairmanship to assume the vice presidency, while Dodd said he will remain as chairman of the Senate Banking, Housing and Urban Affairs Committee.

Kerry has reportedly been a contender to become Secretary of State in the Obama administration.