(WASHINGTON) -- Ready for another Romney run? Tagg Romney is not.
The Boston Herald reported on Monday that the eldest son of Mitt and Ann Romney is considering a run in the special Senate election in Massachusetts now that former Sen. Scott Brown decided against a run last week.
Two sources close to both Tagg and his father Mitt tell ABC News it’s not going to happen. One consideration for Tagg may be that his father lost the Bay State in last year’s presidential election by 23 points.
“I think Tagg would be a great candidate,” a source close to both Romneys said. “He grew tremendously in the campaign, but with his company it’s unlikely he can afford to walk away from it right now, sadly.”
Tagg, 42, started the venture capital firm Solamere Capital after his father’s last unsuccessful campaign in 2008. In both campaigns, he advised his father and worked hard to get his dad to the White House.
A Republican strategist with knowledge of state party discussions also told ABC News he seriously doubted the likelihood of any Romney candidacy in the upcoming Senate election.
Brown may have stunned his party last week when he decided not to run, leaving them scrambling, but some of those same issues had to weigh on the younger Romney too. Any candidate who runs in the special election will have to run again in 2014. And to make the ballot, candidates must gather 10,000 certified signatures in just four weeks.
So who will run on the Republican ticket? Another possible contender, former Gov. Bill Weld, also ruled out a run on Monday, sending out a statement that said while he was “grateful for the kind expressions of support and encouragement which I have received, I will not be a candidate for United States Senator from Massachusetts in the special election this year.”
Former state Sen. Richard Tisei also ruled out a run over the weekend.
The Democratic primary field includes U.S. Representatives Edward Markey and Stephen Lynch. Two possible candidates for the Republicans are Mitt Romney’s former Lieutenant Gov. Kerry Healey and former Navy SEAL Gabriel Gomez. Healey also served as a foreign policy adviser in Romney’s presidential campaign.
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