By Reid J. Epstein 

Jeb Bush will "actively explore the possibility of running for president" in 2016, according to an announcement the former Florida governor posted to his Facebook page Tuesday morning.

Mr. Bush, whose father and brother served as president, is the first Republican to formally explore a 2016 candidacy. More than a dozen others are publicly weighing whether to seek the White House.

Mr. Bush wrote that he discussed running with his family over the Thanksgiving holiday and will launch a political-action committee in January to promote his political ideals. The announcement doesn't say that he has formed an exploratory committee to raise money to back a presidential campaign.

A two-term governor, Mr. Bush is considered a social and fiscal conservative, though he has broken with party orthodoxy on immigration and education policy--two issues that figure to be central to the GOP's 2016 primary campaign.

Mr. Bush has been a strong backer of Common Core education standards and an immigration overhaul, which put him at odds with many Republican lawmakers and voters.

Mr. Bush has also had a low-grade feud with antitax activist Grover Norquist, whose no-tax pledge is central to party orthodoxy. Mr. Bush has refused to sign Mr. Norquist's pledge. Mr. Norquist this month called Mr. Bush "washed up."

Due to his family connections--his father George H.W. Bush and brother George W. Bush were the last two GOP presidents--Mr. Bush has the capacity to raise substantial amounts of money as fast as any other Republican who would join the race. He would be viewed as a favorite of the party establishment, competing for donors and votes with New Jersey Gov. Chris Christie.

Mr. Bush would also be a threat to Florida Sen. Marco Rubio, another potential 2016 candidate. The two men share a Miami political base--Mr. Bush's office is in the same hotel where Mr. Rubio uses the gym when he is town.

In recent remarks, Mr. Bush had indicated he was strongly considering running. At The Wall Street Journal's CEO Council gathering earlier this month, he said his decision would depend on whether he has " the skills to do it in a way that tries to lift people's spirits and not get sucked into the vortex."

He added at the time: "I don't know if I would be a good candidate or a bad one, but I kinda know how a Republican could win, whether it's me or somebody else, and it has to be much more uplifting, much more positive."

Write to Reid J. Epstein at Reid.Epstein@wsj.com

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