"While we are in a strong position, I am still contemplating the
future and will make a decision at the appropriate time,"
Corker, 65, said in a statement.
"I think everyone in the Volunteer State knows, as they did in
2012, that running for re-election has never been an automatic
for me," he said.
However, Corker will be ready to run if he decides to go ahead.
A source with direct knowledge said he has $7.5 million in cash
on hand for the race.
A former mayor of Chattanooga and successful businessman, Corker
is expected to win easily if he does run in the solidly
Republican state.
Aides to the senator had said for some time that he had not yet
decided whether to run. He had ruled out talk that he might run
for governor of Tennessee earlier this year, and the issue arose
again last month when President Donald Trump said on Twitter
that Corker was "constantly asking" him whether or not he should
seek re-election.
Trump had considered Corker as a potential vice presidential
running mate or secretary of state, and he has worked closely
with the administration. But he has broken with the Republican
president on some issues.
Trump issued his tweet after Corker responded to Trump's
comments about a neo-Nazi white supremacist rally by saying
Trump had not yet demonstrated the stability or some competence
to be successful.
The president was broadly criticized for his reaction to the
rally in Charlottesville, Virginia, including his observation
that there were good people on both sides.
Corker issued his statement after CNN reported on Monday on an
interview with him last week in which he discussed possibly
ending his Senate career.
A fiscal conservative, Corker is seen as a pragmatist willing to
work with Democrats on a range of issues including foreign
affairs but also domestic policy matters such as immigration.
(Reporting by Patricia Zengerle; Editing by Jonathan Oatis)
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