Former Vice President Joe Biden Joe BidenOmar fires back at Trump over rally remarks: 'This is my country' Trump mocks Biden appearance, mask use ahead of first debate Trump attacks Omar for criticizing US: 'How did you do where you came from?' 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."

.@JoeBiden to @TheView on running in 2020: "If, in a year from now, if we're ready, and nobody has moved in that I think can do it, then I may very well do it." https://t.co/CFdzczVBEe pic.twitter.com/OunchPDQqW — ABC News Politics (@ABCPolitics) December 13, 2017

Speculation has swirled around a possible Biden challenge to President Trump Donald John TrumpOmar fires back at Trump over rally remarks: 'This is my country' Pelosi: Trump hurrying to fill SCOTUS seat so he can repeal ObamaCare Trump mocks Biden appearance, mask use ahead of first debate 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.