Associated Press
In this Feb. 28, 2012 file photo, Ann Romney introduces Republican presidential candidate, former Massachusetts Gov. Mitt Romney and her son Tagg, in Novi, Mich.
I think Tagg would be a great candidate. He grew tremendously in the campaign, but with his company it's unlikely he can afford to walk away from it right now, sadly. —ABC News source

With former Massachusetts Sen. Scott Brown's announcement that he would not run in the special election for Secretary of State John Kerry's old Senate seat, some supporters have suggested looking at two people with state — and national — name recognition: Tagg and Ann Romney.

According to a Monday Boston Herald story, Tagg Romney, the oldest son of former presidential candidate Mitt Romney, is considering a run in the Senate election.

However, ABC News also reported Monday that two sources close to Tagg and his father say it's not going to happen.

"I think Tagg would be a great candidate," one of the sources 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."

Another source disagreed, telling National Review Online that despite reports suggesting Tagg is not interested, he is in fact seriously considering making a run and is expected to decide soon.

The debate over whether or not Tagg would jump into the race was likely put to rest Monday when he emailed the Boston Herald with a statement.

"I have been humbled by the outreach I received this weekend encouraging me to become a candidate for the U.S. Senate," Tagg said. "I love my home state and admit it would be an honor to represent the citizens of our great Commonwealth. However, I am currently committed to my business and to spending as much time as I can with my wife and children. The timing is not right for me, but I am hopeful that the people of Massachusetts will select someone of great integrity, vision and compassion as our next U.S. senator."

In October 2012, Buzzfeed and National Review published profiles on Tagg, suggesting he was probably second only to Ann as "the most trusted individual in Mitt's life on political matters."

During Mitt Romney's campaign, Tagg blended three Romney circles: the political team, the family and the finance team, National Review reported. The article also suggested that Tagg was also a driving force in encouraging his father to run for the presidency for a second time, and became more vocal in the direction of the campaign when Romney's poll numbers dipped.

"There is no doubt that Tagg Romney, if he decides to run, could be a shining knight to crestfallen Republicans who had set their hopes on Brown," the Boston Herald's Hillary Chabot wrote. "The eldest son of former governor and presidential candidate Mitt Romney already has statewide name recognition and could quickly ramp up the campaign infrastructure for a short, five-month race."

Mitt Romney's wife Ann, who became known as Mitt's "secret weapon," during the election and whose Republican National Convention speech was labeled as the "best convention speech by any candidate's spouse," has also been suggested as a possible candidate in the special election.

"I've had several people call and ask about Ann Romney," Ron Kaufman, a friend and former campaign advisor to Mitt Romney, told the Boston Herald.

"That would be a very interesting thing," House Minority Leader Bradley Jones, R-North Reading, said. "I would certainly love her to think about something like that."

According to Kaufman, though, the odds of Ann Romney jumping into the race aren't good.

"The timing is not great, and I don't think she sees herself as a candidate," he said.